343 PRINCETON AVE New Jersey

343 PRINCETON AVE
JC, Greenville NJ 07305

Property

Rooms: 5
Bathrooms: 5
Pets: Pets Allowed

Financials

Rent $1,200,000
140 Bay St, Suite 1 Jersey City, NJ 07302
Courtesy of GROUP TWENTY SIX LLC ()

Description

This commercial building is a rare find as it's the only one available steps to the Danforth Light Rail which will lead you to Downtown JC and Manhattan. You can be in Downtown Jersey City in 10 mins and 29 mins into Manhattan via train. There are 2 commercial units (deli and office) and 4 residential units (2b/1b) on top. There is parking for 4 cars in the back lot as well. The 4 residential units have been used as short term corporate rentals. The total gross revenue is $161k a year. It is located in an opportunity zone and if owned for 10 years then the new owner will not be required to pay capital gains taxes. Information is provided by NJ Department of Community Affairs.

Neighborhood

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343 PRINCETON AVE New Jersey

Description

This commercial building is a rare find as it's the only one available steps to the Danforth Light Rail which will lead you to Downtown JC and Manhattan. You can be in Downtown Jersey City in 10 mins and 29 mins into Manhattan via train. There are 2 commercial units (deli and office) and 4 residential units (2b/1b) on top. There is parking for 4 cars in the back lot as well. The 4 residential units have been used as short term corporate rentals. The total gross revenue is $161k a year. It is located in an opportunity zone and if owned for 10 years then the new owner will not be required to pay capital gains taxes. Information is provided by NJ Department of Community Affairs.

Neighborhood

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