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266 Erie Street
For Sale | Jersey City, NJ | 10 Units
Listing Contacts
License: NJ 1434187KM 
License: NJ 7801404
Active
Asking Price: $3,300,000
Address
266 Erie St, Jersey City, NJ 07310
Show on MapDate Added
Feb 4, 2025
Days on Market
45 days
Time Since Last Update
15 days
Details
Property TypeMultifamily
SubtypeApartment Building
Marketing Description
The property is a five-story building with 10 residential units.
Investment Highlights
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Loan assumption from Greystone with lower interest rate than today.
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Approved multifamily and hotel developments across the street and surrounding the entire block.
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Tenants are from the Jersey City Housing Authority waiting list.
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Opportunity to renovate the last two remaining units and increase rents.
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One un-renovated apartment to be delivered vacant.
Valuation Calculator
Valuation Calculator
Loan Amount
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Annual Cash Flow
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DSCR
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Cap Rate
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ROI
Property History
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Due Diligence
Listing Contacts
- License: NJ 1434187
KM License: NJ 7801404
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