Great opportunity to buy a mixed use property in the heart of Journal square

140 Bay St, Suite 1 Jersey City, NJ 07302
Phone: 201-225-8655
Fax: 201-604-6474
Courtesy of CENTURY 21 SEMIAO & ASSOCIATES (201-460-8000)
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Location

508 MERCER ST
JC, Journal Square NJ 07306-6669
Cross street:Bergen ave and Summit ave

Property

Ownership: For Sale

Financials

Price: $609,000

Description

Great opportunity to buy a mixed use property in the heart of Journal square. Property offers a Store and two 2 bedrooms apartment. Building offer great investment opportunity. located few blocks away from the path train station. Net Operating Income is $42,176 and Capitalization Rate is 6.9%

Neighborhood

More listings: Bergen Lafayette

All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. International currency conversions where shown are estimates based on recent exchange rates and are not official asking prices. All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.

All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. International currency conversions where shown are estimates based on recent exchange rates and are not official asking prices. All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.