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144 Bergen Ave 24 Unit Apartment Building For Sale Jersey City, NJ 07305
Investment Highlights
- Excellent opportunity to acquire a new modern luxury building in one of the New York tri-state area’s most robust rental markets
- Long-term rent growth potential
- Stylish and attractive kitchens and bathrooms with in-unit washer and dryer
- High occupancy in a historically strong market.
- Spacious floor plans with elevator service to each floor
- Floor-to-ceiling windows provide abundant light throughout each unit; on-site garage parking
Executive Summary
The property is a new, modern, five-story apartment building consisting of 24 units with luxury finishes and on-site garage parking with 19 spaces. It is conveniently located with easy access to New York City.
Property Facts
| Sale Type | Investment | Lot Size | 0.26 AC |
| No. Units | 24 | Building Size | 28,800 SF |
| Property Type | Multifamily | No. Stories | 5 |
| Property Subtype | Apartment | Year Built | 2023 |
| Apartment Style | Mid-Rise | Parking Ratio | 0.65/1,000 SF |
| Building Class | B | Opportunity Zone |
Yes
|
| Sale Type | Investment |
| No. Units | 24 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Mid-Rise |
| Building Class | B |
| Lot Size | 0.26 AC |
| Building Size | 28,800 SF |
| No. Stories | 5 |
| Year Built | 2023 |
| Parking Ratio | 0.65/1,000 SF |
| Opportunity Zone |
Yes |
Amenities
Unit Amenities
- Kitchen
- Refrigerator
- Oven
- Range
- Tub/Shower
Site Amenities
- 24 Hour Access
- Tenant Controlled HVAC
- Smoke Free
- Elevator
- Smoke Detector
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 4 | - | 750 |
| 2+2 | 20 | - | 1,000 |
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Walk Score®
Very Walkable (86)
Bike Score®
Very Bikeable (75)
Property Taxes
| Parcel Number | 06-23402-0000-00002 | Improvements Assessment | $4,060,000 |
| Land Assessment | $1,440,000 | Total Assessment | $5,500,000 |
Property Taxes
Parcel Number
06-23402-0000-00002
Land Assessment
$1,440,000
Improvements Assessment
$4,060,000
Total Assessment
$5,500,000
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144 Bergen Ave
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