344 Danforth Ave - Apartments FOR SALE


Jersey City, NJ 07305- Greenville
$1,250,000 USD
646-334-0559
344 Danforth Ave, Jersey City, NJ for Sale
$1,250,000 USD
Apartments - FOR SALE
1/34
null | Request Cap Rate

344 Danforth Ave
Jersey City, NJ 07305
Greenville


OVERVIEW

Introducing an Exceptional Investment Opportunity: Four-Family Property in Jersey City (Greenville) Situated in the vibrant Greenville district of Jersey City, this fully renovated four-family property offers a remarkable turnkey investment for discerning investors. Each unit features modern kitchens and bathrooms equipped with quartz countertops, stainless steel appliances, and contemporary shaker cabinets. The property is further enhanced by elegant bamboo flooring throughout and includes four dedicated parking spaces—an invaluable asset in this bustling area. Strategically located near Route 440, the property benefits from proximity to existing retail establishments and the ongoing development of major retail chains. It provides quick access to the New Jersey Turnpike and is conveniently located a short distance from Liberty State Park, the Liberty Science Center, and the recently upgraded Berry Lane Park, which features tennis courts, basketball courts, and playgrounds. The nearby Light Rail station enhances accessibility, making this location ideal for residents. Furthermore, the potential rental rates exceed market value, ensuring a robust income stream from the outset. With established, long-term tenants and a proven rental history, this property promises an attractive return on investment. Given the anticipated high level of interest, we encourage potential investors to schedule a tour promptly to experience this opportunity firsthand. Don’t miss your chance to secure a premium asset in one of Jersey City’s most promising neighborhoods!

FOR SALE DETAILS

PRICE

$1,250,000 USD

PRICE/SF

$412 USD /SF

# OF UNITS

4

PRICE/UNIT

$312,500

CAP RATE

Request Cap Rate

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1925

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.09 AC

LAND SF

3,934 SF

ZONING

Residential

APN/PARCEL ID

06-26203-0000-00050

ASK ABOUT THIS PROPERTY

Francesco MazzaferroTeam-Francesco Commercial LLCMore Info
646-334-0559

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Francesco MazzaferroTeam-Francesco Commercial LLCMore Info
646-334-0559

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