VERY RARE OPPORTUNITY to own 1 of the best buildings

140 Bay St, Suite 1 Jersey City, NJ 07302
Phone: 201-225-8655
Fax: 201-604-6474
Courtesy of KELLER WILLIAMS TEAM REALTY (973-253-2800)
Tweet

Location

453 PAVONIA AVE
JC, Journal Square NJ 07306
Cross street:east off Palisades west of Waldo

Property

Ownership: For Sale

Financials

Price: $2,195,000

Description

VERY RARE OPPORTUNITY to own 1 of the best buildings, on the best streets, on the best blocks in Jersey City. Located on the boarder of Journal Square & Downtown JC, this 6-unit building is just a 10 minute walk from the Journal Sq. PATH train or 18 minutes to Grove St PATH train & restaurants. The BONUS is that there is NO RENT CONTROL!!! Entire building is held as 6 condominium units. Each separate deed, being sold as 1 entire package. Sell the units off individually. Dissolve the condo association & merge the taxes into 1 entity for a reduced tax implication. OR just hold as is this TRUE TURN-KEY positive income 5.5% Cap return investment!

Neighborhood

More listings: Journal Square

The data relating to real estate for sale or rent on this web site comes in part from the IDX program of the Hudson County MLS. Real estate listings held by brokerage firms other than Nest Seekers, LLC are marked with the HCIDX mark and the information about them includes the name of the listing broker.

The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing or renting.

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.