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132 Mallory 132 Mallory Ave 41 Unit Apartment Building $14,950,000 ($364,634/Unit) 6.17% Cap Rate Jersey City, NJ 07304
Investment Highlights
- Class A Building Opportunity
- 22 Parking Spaces
- $365K Price Per Unit
- 40 Residential Unit | 1 Commercial Unit
- New Construction 2025
- 6.17% Cap Rate
Executive Summary
Broker of Record
Patrick Forde
License # 2330333 (NJ)
Matthews Real Estate Investment Services, Inc
52 Park Avenue, Suite B5, Park Ridge NJ 07656
(866) 889-0550
Patrick Forde
License # 2330333 (NJ)
Matthews Real Estate Investment Services, Inc
52 Park Avenue, Suite B5, Park Ridge NJ 07656
(866) 889-0550
Property Facts
| Price | $14,950,000 | Apartment Style | Low-Rise |
| Price Per Unit | $364,634 | Building Class | B |
| Sale Type | Investment | Lot Size | 0.25 AC |
| Cap Rate | 6.17% | Building Size | 29,664 SF |
| No. Units | 41 | No. Stories | 5 |
| Property Type | Multifamily | Year Built | 2025 |
| Property Subtype | Apartment | Opportunity Zone |
Yes
|
| Price | $14,950,000 |
| Price Per Unit | $364,634 |
| Sale Type | Investment |
| Cap Rate | 6.17% |
| No. Units | 41 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | B |
| Lot Size | 0.25 AC |
| Building Size | 29,664 SF |
| No. Stories | 5 |
| Year Built | 2025 |
| Opportunity Zone |
Yes |
Amenities
Unit Amenities
- Air Conditioning
- Dishwasher
- Microwave
- Heating
- Kitchen
- Refrigerator
- Oven
- Tub/Shower
- Freezer
Site Amenities
- 24 Hour Access
- Day Care
- Tenant Controlled HVAC
- Elevator
- Public Transportation
- Smoke Detector
1 1
Exceptionally walkable
90/100
Moderately drivable
60/100
Good public transit
60/100
Moderately bikeable
60/100
Property Taxes
| Parcel Number | 06-20503-0000-00090-01 | Improvements Assessment | $3,493,400 |
| Land Assessment | $1,922,100 | Total Assessment | $5,415,500 |
Property Taxes
Parcel Number
06-20503-0000-00090-01
Land Assessment
$1,922,100
Improvements Assessment
$3,493,400
Total Assessment
$5,415,500
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Videos
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Photos
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Street
Map
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132 Mallory | 132 Mallory Ave
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