Property History
Rare opportunity featuring 3 side by side 3-family buildings comprised of a corner lot and adjacent building on a combined 60’ x 77’ lot in the heart of Jersey City Heights, one of the area’s most desirable and rapidly appreciating neighborhoods. Apartments are all 2 bed/1bath. Building also offers 2 car parking adding additional income.***No Rent Control. Investors may choose to reposition the asset and capture upside through lease turnover and targeted CapEx. Increased cap rate achievable through renovation and rent growth, the property offers both immediate income and long-term appreciation, all in a thriving location just minutes from Hoboken, Downtown Jersey City, Weehawken, and New York City. Contact Gilli Axel for detailed income and expenses AND pricing on the complete three-building package.
~ Prime location in The Heights, one of Jersey City's most vibrant and rapidly appreciating neighborhoods.
~Exceptional transit access to Manhattan and downtown Jersey City, with major parks and shopping corridors within walking distance. Easy commute from the heart of NYC.
~Diverse local amenities, including top-rated schools, expansive parks, and a robust dining and retail scene
~Commuters benefit from stellar transportation options, including NJ Transit bus service directly into Manhattan and quick access to the Journal Square PATH station for seamless train connections to New York City. The neighborhood is zoned for excellent public schools and is surrounded by both traditional and innovative dining options, local arts venues, and scenic waterfront parks. This unique combination of convenience, culture, and community makes The Heights—and 130 Griffith Street—a standout choice in the greater Jersey City market.
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