379 Ocean Ave
Mixed Use | 8.08% CAP | 4,000 SqFt
Marketing description
Contact Pronti at 201-621-2820 with questions.
Prime mixed-use investment opportunity on high-visibility Ocean Avenue in Jersey City. This property features a street-level commercial storefront with residential units above, offering stable in-place income and future upside. Residential units at 3 bedroom, 1 bathroom.
The building currently generates $75,600 in annual gross income, with value-add potential through rental growth, unit upgrades, and optimization of the commercial space. Located along a major corridor with strong visibility, transit access, and continued neighborhood investment.
An excellent opportunity for investors seeking immediate cash flow with the ability to enhance returns over time in an improving Jersey City submarket.
Investment highlights
Contact Pronti at 201-621-2820 with questions.
Prime mixed-use investment opportunity on high-visibility Ocean Avenue in Jersey City. This property features a street-level commercial storefront with residential units above, offering stable in-place income and future upside. Residential units at 3 bedroom, 1 bathroom.
The building currently generates $75,600 in annual gross income, with value-add potential through rental growth, unit upgrades, and optimization of the commercial space. Located along a major corridor with strong visibility, transit access, and continued neighborhood investment.
An excellent opportunity for investors seeking immediate cash flow with the ability to enhance returns over time in an improving Jersey City submarket.
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