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29130784

207 Mallory Ave, Jersey City, NJ 07304 For Sale

JT
NJ 2076540
Modern Spaces NJ
Listed by Modern Spaces NJ
$1,950,000
192 days on market
Updated 32 days ago

207-209 Mallory Ave

Details
Property Type Mixed Use
Sub Type Investment
Units 9
Cap Rate 6.44%
NOI $125,650
Occupancy 100%
Tenancy Multi
Lease Type Gross
Buildings 3
Stories 2
Acreage 5187.000

Mixed Use | 6.44% CAP

Marketing description

207–209 Mallory Avenue is a turn-key, income-generating investment package comprising three contiguous mixed-use properties in Jersey City’s West Bergen section. Offered as a single portfolio, the buildings cannot be sold separately. The properties generate $150,000 in current gross income and feature strong in-place tenants, professional management, low property taxes, and no rent control, providing immediate cash flow with clear upside through below-market rents.

Investment highlights

· Three contiguous mixed-use buildings

· Offered as a single portfolio (not available individually)

· Current gross income: $150,000

· Upside through below-market rents

· No rent control

· Professionally managed, turn-key operation

· Low property taxes

Listing Contacts

JT
NJ 2076540
Modern Spaces NJ
Listed by Modern Spaces NJ

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Loan Amount
$0.00
Annual Debt Service
$--
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Annual Cash Flow
$125,650.00
$10,470.83/mo

Valuation Metrics

0
DSCR
6.44%
Cap Rate
6.44%
ROI

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Additional Information

Name
Jesse Toledano
License
2076540
Brokerage
Modern Spaces NJ
Title
Broker Associate
Brokerage Address
295 Newark Avenue
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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