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  1. For Sale
  2. Multifamily
  3. NJ
  4. Jersey City
  5. 42 Poplar
Pictures of Multifamily property located at 42 Poplar St, Jersey City, NJ 07307 for sales - image #1
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42 Poplar

Multifamily | 4.00% CAP

Listing Contacts

Active

Asking Price: $2,999,900
Earnest Money  Deposit: 5% min.
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Address 

42 Poplar St, Jersey City, NJ 07307

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Date Added
Dec 18, 2024
Days on Market
122 days
Time Since Last Update
16 days

Details

Property TypeMultifamily
SubtypeApartment Building
Investment TypeOwner/User
Investment Sub Typeinvestment
ClassA
Square Footage4,800
Net Rentable (sq ft)4,800
Cap Rate4.00%
OccupancyVacant
NOI$151,200
Buildings1
Stories3
ZoningR3
Lot Size (sq ft)2,500
Broker Co-OpYes
OwnershipPrivate
IntelligenceINTELLIGENCE
Explore more in-depth Comp & Record details for this property. Explore

Marketing Description

Perfectly snuggled between Summit and Central, this perfectly maintained 5 unit is guaranteed to cashflow.​ Wash Park is a stone-throw away where JC Heights living is exemplified by the life-filled activities and where community focused conversations are had driving Jersey City forward.​ Doorstep dining and shopping on Central Avenue makes life extremely easy for your Tenants and drives cashflow higher – happy Tenants, happier Landlords! The 4 single bed apartments are perfect for the NYC working professionals and the Owner’s ground floor can be home to a family paying top dollar.​ Beautiful upgrades done recently includes open backyard and interior finishes anyone would appreciate.​ Call today!

Investment Highlights

Recently renovated - well maintained

Vacant upon delivery

Close to shopping/dining/parks/major highways

Rental market

Valuation Calculator

Valuation Calculator

Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$151,200.00
$12,600.00/mo

Valuation Metrics

0
DSCR
5.04%
Cap Rate
5.04%
ROI

Due Diligence

Due diligence information will be provided.
Please reach out to the listing contacts for details.

Contact

Listing Contacts


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