Rare to the market - 8 unit building in one of the most sought after neighborhoods - JC Heights

140 Bay St, Suite 1 Jersey City, NJ 07302
Phone: 201-225-8655
Fax: 201-604-6474
Courtesy of WEICHERT REALTORS (201-333-4443)
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Location

289 NEW YORK AVE
Jersey City NJ 07307
Cross street:Bowers & Palisade

Property

Ownership: For Sale
Pets: No Pets

Financials

Price: $879,000

Description

Rare to the market - 8 unit building in one of the most sought after neighborhoods - JC Heights! This fantastic property consists of 7 studios and one 1-bed, 1-bath apartment. Majority of the units have been renovated. There is a local management company and super in place. Tenant pays for electricity, and the landlord pays for the heat and hot water. Coin operated washer/dryer and storage units can easily be installed in the basement. This property has great untapped profit potential. These apartments are excellent for the working professional as the bus stop on Palisade ave is right around the corner, and the Congress Street lightrail is a 10 minute stroll! New construction developments are making wave throughout the neighborhood. Restauranteurs such as Fox and Crow, The Cliff, Dark Side of the Moo are only a few amongst many dining places close to this property. Conveniently located one and a half block away from the Riverview Park, which has great NYC panoramic views to take in from the new gazebo, seasonal farmer/s market, and community events! Be a part of the JC renaissance, and make this your investment property today!

Neighborhood

More listings: The Heights

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