Mixed Use Building - Prime Journal Square Jersey City
Mixed Use
Marketing description
Prime Mixed-Use Property in Journal Square, Jersey City! NO RENT CONTROL!
Discover a high-potential investment opportunity in this fully renovated property, ideally located in a bustling, transit-friendly area.
Highlights Include:
Exceptional Location: Heavy foot traffic and excellent access to public transportation.
Versatile Layout: Features a commercial space (currently a bike shop), Four spacious apartments, plus a bonus single-family unit.
Strong Financial Upside: Below-market rents, no rent control, and a projected cap rate of 6.2%.
Modern Finishes: Recently upgraded with premium materials and energy-efficient appliances.
Unit Breakdown:
Unit 2L: 2 Bed / 2 Bath
Unit 2R: 2 Bed / 2 Bath
Unit 3L: 2 Bed / 2 Bath
Unit 3R: 2 Bed / 2 Bath
Unit 5 (Single-Family): 3 Bed / 1 Bath
Commercial Space: Bike store
Don’t miss your chance to invest in one of Jersey City’s most dynamic neighborhoods!
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