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113 Washington St 8 Unit Apartment Building $4,900,000 ($612,500/Unit) 4.87% Cap Rate Hoboken, NJ 07030
EXECUTIVE SUMMARY
Rare Investment Opportunity Located Blocks to The PATH. Located in Hobokens Central Business District Featuring 2 Seperate Buildings On A 26 X 100 Foot Lot
113 WASHINGTON STREET: 5 Story Brick Building Consisting Of (10) Units, (8) Residential Units Plus (2) Retail Spaces
112 COURT STREET: 3 Story Brick Townhome Consisting of 4 Bedrooms, 2 Baths Plus 2 Car Garage
113 WASHINGTON STREET: 5 Story Brick Building Consisting Of (10) Units, (8) Residential Units Plus (2) Retail Spaces
112 COURT STREET: 3 Story Brick Townhome Consisting of 4 Bedrooms, 2 Baths Plus 2 Car Garage
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 | $4,900,000 | Property Subtype | Apartment |
| Price Per Unit | $612,500 | Building Class | C |
| Sale Type | Investment | Lot Size | 0.06 AC |
| Cap Rate | 4.87% | Building Size | 6,672 SF |
| No. Units | 8 | No. Stories | 5 |
| Property Type | Multifamily | Year Built | 1920 |
| Zoning | C -2 - C-2 Zone Central Business District Lot Size: 26 X 100 | ||
| Price | $4,900,000 |
| Price Per Unit | $612,500 |
| Sale Type | Investment |
| Cap Rate | 4.87% |
| No. Units | 8 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Building Class | C |
| Lot Size | 0.06 AC |
| Building Size | 6,672 SF |
| No. Stories | 5 |
| Year Built | 1920 |
| Zoning | C -2 - C-2 Zone Central Business District Lot Size: 26 X 100 |
1 1
Walk Score®
Walker's Paradise (99)
Transit Score®
Excellent Transit (87)
Bike Score®
Very Bikeable (75)
PROPERTY TAXES
| Parcel Number | 05-00212-0000-00004 | Total Assessment | $2,556,000 (2025) |
| Land Assessment | $1,170,000 (2025) | Annual Taxes | ($1) ($0.00/SF) |
| Improvements Assessment | $1,386,000 (2025) | Tax Year | 2024 |
PROPERTY TAXES
Parcel Number
05-00212-0000-00004
Land Assessment
$1,170,000 (2025)
Improvements Assessment
$1,386,000 (2025)
Total Assessment
$2,556,000 (2025)
Annual Taxes
($1) ($0.00/SF)
Tax Year
2024
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113 Washington St
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