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Jersey City Heights Mixed-Use - 449 Central Avenue, Jersey City, NJ

Property Details

  • Price :

  • Square Feet :

  • Cap Rate :

  • $1,800,000

  • 6,200

  • 6.43%

  • NOI :

  • Acres :

  • $115,733

  • 0.05

  • Property Type :

  • Property Status :

  • Mixed-Use

  • Available

Investment Highlights

TENANT(S)

  • 100% Occupied Mixed-Use Building In The Heights Section Of Jersey City, Hudson County, NJ
  • 7 Residential  Apartments And 1 Retail Unit

LEASE(S)

  • Retail Tenant is Month-To-Month
  • Residential Apartments On Year Leases With Below Market Rents

BUILDING

  • Tenants Pay Separate Electric And Cooking Gas
  • Landlord Responsible For Heat, Hot Water, Water And Sewer

LOCATION/ MARKET

  • Central Ave Is Considered "Main Street" Of The Heights With Many Restaurants, Shops And Businesses
  • Superior Demographics With Over 110,000 People With An Average Income Over $130,000 Within 1-Mile Of The Property