Apartment Buildings /NJ /Union County /Elizabeth /423 Jersey Ave
Apartment Buildings /NJ /Union County /Elizabeth /423 Jersey Ave

423 Jersey Ave - Apartments FOR SALE


Elizabeth, NJ 07202 | 
$1,600,000 USD
201-742-6118
423 Jersey Ave, Elizabeth, NJ for Sale
$1,600,000 USD
Apartments - FOR SALE
1/13
null | 6.97% Cap Rate
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423 Jersey Ave
Elizabeth, NJ 07202

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HIGHLIGHTS

  • Off- Street Parking Lot- 16 Spots Generating Additional Income
  • Positioned Near Elmora Avenue, One of Elizabeth’s Primary Commercial Corridors
  • Excellent Regional Connectivity with Convenient Access to Major Highways and Transportation Routes

FOR SALE DETAILS

PRICE

$1,600,000 USD

PRICE/SF

$290 USD /SF

# OF UNITS

9

PRICE/UNIT

$177,778

CAP RATE

6.97%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Elmora Section - 9 Units

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1910

PARKING SPACES

16

LAND DETAILS

LAND ACRES

0.22 AC

LAND SF

9,749 SF

ZONING

R-2

APN/PARCEL ID

04-00013-0000-00621

ASK ABOUT THIS PROPERTY

Alan CafieroMarcus & MillichapMore Info
201-742-6118

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Alan CafieroMarcus & MillichapMore Info
201-742-6118

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