Log In/Sign Up
Your email has been sent.
135-137 Griffith St 2,500 SF 100% Leased Retail Building Jersey City, NJ 07307 $1,675,000 ($670/SF) 6.59% Cap Rate
Executive Summary
Own a rare 7-unit multi-family in the heart of Jersey City Heights, close to transportation to NYC and the shops and dining on Central Avenue. The property features a mix of 1- and 2-bedroom apartments with strong rental income and upside potential through updated rents or repositioning. It has been fully renovated in past years and offers separate utilities.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
2,500 SF
Building Class
C
Year Built
1907
Price
$1,675,000
Price Per SF
$670
Cap Rate
6.59%
NOI
$110,383
Percent Leased
100%
Building Height
3 Stories
Building FAR
1.00
Lot Size
0.06 AC
Frontage
31’ on Griffith St
Walk Score®
Walker's Paradise (98)
Transit Score®
Excellent Transit (71)
Bike Score®
Very Bikeable (75)
Nearby Major Retailers
Property Taxes
| Parcel Number | 06-03801-0000-00004 | Improvements Assessment | $540,000 |
| Land Assessment | $360,000 | Total Assessment | $900,000 |
Property Taxes
Parcel Number
06-03801-0000-00004
Land Assessment
$360,000
Improvements Assessment
$540,000
Total Assessment
$900,000
1 of 27
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
Presented by
135-137 Griffith St
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.
Your message has been sent!
Activate your LoopNet account now to track properties, get real-time alerts, save time on future inquiries, and more.