80 Paterson St - Apartments FOR SALE


Jersey City, NJ 07307- The Heights
$1,325,000 USD
917-560-3902
80 Paterson St, Jersey City, NJ for Sale
$1,325,000 USD
Apartments - FOR SALE
1/35
null | 6% Cap Rate

80 Paterson St
Jersey City, NJ 07307
The Heights


HIGHLIGHTS

  • 6% going-in CAP Rate
  • Units lightly renovated

OVERVIEW

Prime 6-Family Investment Opportunity in Jersey City Heights – 6% CAP! Discover exceptional cash flow and long-term upside with this lightly renovated 6-family property in the heart of Jersey City Heights. This well-maintained building offers a strong 6% cap rate with a mix of updated units and reliable tenants, making it ideal for both seasoned investors and those entering the multifamily market. The property has been thoughtfully improved to reduce maintenance while preserving future value-add potential through further renovations or rent growth. Situated in a highly desirable neighborhood known for its vibrant community feel, proximity to transportation, and easy access to Hoboken, Journal Square, and NYC, this building offers the perfect balance of stability and upside. Highlights: 6 residential units with strong in-place income Light renovations throughout – minimal deferred maintenance Attractive 6% cap rate with room for rent increases with capital improvement Prime Jersey City Heights location Ideal turnkey investment with long-term appreciation potential P&L and Rent Roll available in the "Documents" section on LoopNet. Call Jim Pompa today for additional info, 917-560-3902

FOR SALE DETAILS

PRICE

$1,325,000 USD

PRICE/SF

$630 USD /SF

# OF UNITS

6

PRICE/UNIT

$220,833

CAP RATE

6%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1900

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.06 AC

LAND SF

2,500 SF

ZONING

-

APN/PARCEL ID

06-01405-0000-00018

ASK ABOUT THIS PROPERTY

James PompaPompa GroupMore Info
917-560-3902

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

James PompaPompa GroupMore Info
917-560-3902

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