225 Old Bergen Rd - Storefront Retail/Residential FOR SALE


Jersey City, NJ 07305- Greenville
$435,000 USD
551-580-9733
225 Old Bergen Rd, Jersey City, NJ for Sale
$435,000 USD
Storefront Retail/Residential - FOR SALE
1/11
null | 6.23% Cap Rate

225 Old Bergen Rd
Jersey City, NJ 07305
Greenville


OVERVIEW

The residential tenant is on month to month and amenable to vacating in under 1 year. The daycare on the ground floor is operating and has a lease that terminates on January 9th 2029. An extension may be granted at that time for new terms. Rent is currently $1,493.50 and escalates by 3% every January 9th. The daycare is outfitted per state requirements. New Developments are springing up in the neighborhood. Old Bergen Road is a well travelled street with Bus Stops on the corners. Parking in the rear makes this a very attractive situation. Please reach out with any additional questions.

FOR SALE DETAILS

PRICE

$435,000 USD

PRICE/SF

$188 USD /SF

CAP RATE

6.23%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Residential

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1935

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.05 AC

LAND SF

2,341 SF

ZONING

-

APN/PARCEL ID

06-28102-0000-00032

ASK ABOUT THIS PROPERTY

Josh TedeschiKeller Williams CommercialMore Info
551-580-9733

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Josh TedeschiKeller Williams CommercialMore Info
551-580-9733

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.