116 Magnolia Ave, Jersey City, NJ 07306
2 Multifamily Properties Offered at $3,300,000 in Jersey City, NJ
For Sale
Active
Asking Price $3,300,000
- Property Type
-
Multifamily
Listing Contacts
Property Overview
The subject properties consists of 2 contiguous 25 x 102 lots in Journal Square for a total of 5100 square feet of land. There are 2 rooming houses currently on the property. Premium location, .3 miles to the Journal Square Path. Surrounded by large scale development. Annual Property Taxes for both properties are $44,941. Properties are currently producing $366,000 in annual revenue, making this a great covered land play. The property sits in the Journal Square 2060 Redevelopment Plan Zone 4 Property can be delivered vacant
Highlights
- Ca be delivered vacant or with tenants
- Incredible location, .3 miles to the JSQ path station
Nearby Properties
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