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112 Duncan Ave 6 Unit Apartment Building $2,475,000 ($412,500/Unit) 6.64% Cap Rate Jersey City, NJ 07306
INVESTMENT HIGHLIGHTS
- Fully Renovated in recent years
- Desired 3 Bed/ 2 Bath Units
- JSQ PATH-Near St. Peter's University -JFK Blvd
EXECUTIVE SUMMARY
5/6 Units Occupied. One Vacant unit, easy to show.
Completely Renovated a Few Years Ago
Great Location! Near St Peter's University and JSQ PATH, JFL Blvd.
McGinnley Square
Completely Renovated a Few Years Ago
Great Location! Near St Peter's University and JSQ PATH, JFL Blvd.
McGinnley Square
FINANCIAL SUMMARY (ACTUAL - 2024) Click Here to Access |
ANNUAL | ANNUAL PER SF |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
$99,999
|
$9.99
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
FINANCIAL SUMMARY (ACTUAL - 2024) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Operating Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
PROPERTY FACTS
| Price | $2,475,000 | Apartment Style | Low-Rise |
| Price Per Unit | $412,500 | Building Class | C |
| Sale Type | Investment | Lot Size | 0.08 AC |
| Cap Rate | 6.64% | Building Size | 4,944 SF |
| No. Units | 6 | Average Occupancy | 83% |
| Property Type | Multifamily | No. Stories | 3 |
| Property Subtype | Apartment | Year Built/Renovated | 1901/2001 |
| Zoning | Commercial 3S+Bt-F-6U - Commercial 3S+Bt-F-6U Lot 29.3X124.9 | ||
| Price | $2,475,000 |
| Price Per Unit | $412,500 |
| Sale Type | Investment |
| Cap Rate | 6.64% |
| No. Units | 6 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.08 AC |
| Building Size | 4,944 SF |
| Average Occupancy | 83% |
| No. Stories | 3 |
| Year Built/Renovated | 1901/2001 |
| Zoning | Commercial 3S+Bt-F-6U - Commercial 3S+Bt-F-6U Lot 29.3X124.9 |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Dishwasher
- Microwave
- Heating
- Bay Window
- Tile Floors
- Kitchen
- Hardwood Floors
- Oven
- Stainless Steel Appliances
- Range
- Tub/Shower
- Instant Hot Water
- Island Kitchen
- Large Bedrooms
- Quartz Countertops
SITE AMENITIES
- Laundry Facilities
- Public Transportation
- Individual Locking Bedrooms
- Private Bathroom
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 3+2 | 6 | $2,800 | - |
1 1
Walk Score®
Walker's Paradise (95)
Transit Score®
Excellent Transit (71)
PROPERTY TAXES
| Parcel Number | 06-16301-0000-00053 | Total Assessment | $950,000 (2025) |
| Land Assessment | $210,000 (2025) | Annual Taxes | ($1) ($0.00/SF) |
| Improvements Assessment | $740,000 (2025) | Tax Year | 2024 |
PROPERTY TAXES
Parcel Number
06-16301-0000-00053
Land Assessment
$210,000 (2025)
Improvements Assessment
$740,000 (2025)
Total Assessment
$950,000 (2025)
Annual Taxes
($1) ($0.00/SF)
Tax Year
2024
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112 Duncan Ave
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