151 Sip Avenue Jersey City, NJ 07030
Multi-Family
MLS #: 151sip
Listed By CENTURY 21 Semiao & Associates
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Property InformationDescription
42 units for sale in the heart of Journal Square. Walking distance to Path Train Station. 31 units 1 bedroom, 10 units 2 bedroom. 1 studio and 1 super's. Building is a great investment opportunity with value add. Actual gross income $972,107 with a 4% CPI increase, $9,600 yearly laundry income, NOI 732,135, annual expenses $249,573 . All separate utilities. Tenant pays heat. Newly updated elevator. Security system. Laundry in facility.
Features
- Building Area: 9435.00 SF
- Cross Docks: N
- For Auction: N
- Full Bathrooms: 42
- Industrial Ground Level: N
- MLSID: 151sip
- Parking Places: 0
- Price Per Area: 1351.35
- Price Upon Request: N
- Rail: N
- Sprinklers: N
- Style: Multi-Family (Over 20 Units)
- Sublease: N
- Tax Year: 2024
- Taxes: $160801.00
- Year Built: 1920
