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121 Lembeck Ave
Jersey City, NJ 07305
121 Lembeck · Multifamily Property For Sale
·
3 Units
Investment Highlights
- Extra Wide Lot
- Separate Utilities
- Parking
Executive Summary
Introducing a prime 3-family investment on a peaceful, well-maintained block in southern Greenville with major value-add upside.Below-market rents, no rent control, separate utilities, and an extra-wide lot set this property apart.The 33-ft-wide lot provides a full-length driveway and rare on-site parking—boosting curb appeal, light, and outdoor flexibility.Parking alone elevates rental demand, increases rents, and reduces turnover for long-term stability. With tenant-paid heat/hot water and multiple avenues for rent growth, this is a smart, scalable addition to any portfolio.
Taxes: $7,042
Tenants pay heat and hot water
Lot Size: 33 x 90
Below market rents
No Rent Control
On Site Parking
Taxes: $7,042
Tenants pay heat and hot water
Lot Size: 33 x 90
Below market rents
No Rent Control
On Site Parking
Property Facts
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+2 | 1 | $1,975 | - |
| 1+1 | 1 | $1,400 | - |
Property Taxes
| Parcel Number | 06-29305-0000-00014 | Improvements Assessment | $241,800 |
| Land Assessment | $90,700 | Total Assessment | $332,500 |
Property Taxes
Parcel Number
06-29305-0000-00014
Land Assessment
$90,700
Improvements Assessment
$241,800
Total Assessment
$332,500
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