327 Danforth Ave - Apartments FOR SALE


Jersey City, NJ 07305- Greenville
$849,000 USD
201-868-6300
327 Danforth Ave, Jersey City, NJ for Sale
$849,000 USD
Apartments - FOR SALE
1/18
null | Request Cap Rate

327 Danforth Ave
Jersey City, NJ 07305
Greenville


OVERVIEW

This five-unit apartment building features 3 one-bedroom units and 2 two-bedroom units, with added income potential from three storage spaces and parking. A new Green Card was issued in 2024 confirming compliance with local safety regulations. Conveniently located near both the West Side Avenue station and the Hudson–Bergen Light Rail’s Danforth Avenue station, the property offers accessible connections throughout Jersey City and beyond. On-site parking in both the front and back is a rare asset in this market, and its position just off Danforth Avenue — with more than 8,200 vehicles passing daily — boosts both tenant appeal and long-term investment value.

FOR SALE DETAILS

PRICE

$849,000 USD

PRICE/SF

$282 USD /SF

# OF UNITS

5

PRICE/UNIT

$169,800

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1920

PARKING SPACES

3

LAND DETAILS

LAND ACRES

0.07 AC

LAND SF

2,971 SF

ZONING

4C

APN/PARCEL ID

06-26801-0000-00028

ASK ABOUT THIS PROPERTY

Christopher CervelliMichael Cervelli Real Estate, LLCMore Info
201-868-6300

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Christopher CervelliMichael Cervelli Real Estate, LLCMore Info
201-868-6300

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