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15-17 Marion Pl
Jersey City, NJ 07306
Multifamily Property For Sale
·
11 Units
Investment Highlights
- $170K Price Per Unit
- Average Rent of $1,149 vs Market Rent of $2,217 ($1,050+ difference on turnover)
- Brick Building
- 11.27% Pro Forma Cap Rate
- Prime Location in Journal Square
- Laundry in Several Units
Property Facts
| No. Units | 11 | Lot Size | 0.07 AC |
| Property Type | Multifamily | Building Size | 5,631 SF |
| Property Subtype | Apartment | Average Occupancy | 100% |
| Apartment Style | Low-Rise | No. Stories | 3 |
| Building Class | C | Year Built | 1920 |
| Zoning | R-4 | ||
| No. Units | 11 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.07 AC |
| Building Size | 5,631 SF |
| Average Occupancy | 100% |
| No. Stories | 3 |
| Year Built | 1920 |
| Zoning | R-4 |
Property Taxes
| Parcel Number | 06-10404-0000-00008 | Improvements Assessment | $827,600 |
| Land Assessment | $350,000 | Total Assessment | $1,177,600 |
Property Taxes
Parcel Number
06-10404-0000-00008
Land Assessment
$350,000
Improvements Assessment
$827,600
Total Assessment
$1,177,600
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