1049 Side Ave, Jersey City, NJ 07306
4,851 SF | 100% Leased | Retail Building | Jersey City, NJ 07306 | $1,695,000 ($349/SF) | 4.13% Cap Rate
For Sale
Active
- Date Added:
- May 17, 2024
- Days on Market:
- 28 days
Asking Price $1,695,000
- Property Type
-
Retail
- Square Feet
- 4,851 SF
- Price / Square Foot
- $349
Listing Contacts
Josh Garay
Verified Profile
- Property Info
Property Overview
Outstanding long-term investment with stable tenant mix. Prime Jersey City and corner property. Blocks from Journal Square and major new developments. This mixed use asset has been well maintained and produces stable cash flow for the investor. There is a ground floor commercial tenant with a lease in-place until 2026. There are 5 additional residential Apartments and two garaged parking spots on the property. Excellent investment for long-term stability.
Property Details
- Class
- C
- Year Built
- 1930
- Stories
- 3
- Property Subtype
- Storefront Retail/Residential
- Lot Size (sq. ft)
- 2,614 SF
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