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16 Weldon St - 16 Weldon St Jersey City NJ 07306 4 Unit Apartment Building Offered at $995,000 Jersey City, NJ 07306
Investment Highlights
- Turnkey investment opportunity.
- Well-maintained 4-family property.
- Recently renovated kitchens, bathrooms, and flooring, reducing immediate maintenance needs.
- Income-producing asset offers potential in Jersey City.
- Modern finishes and separate utilities, streamlining management and lowering operating costs.
- Ideally located within close proximity to St. Peter’s University and the Journal Square PATH station.
Executive Summary
Welcome to 16 Weldon St – a well-maintained 4-family property offering a turnkey investment opportunity. All four units feature recently renovated kitchens, bathrooms, and flooring, reducing immediate maintenance needs. Three units offer 1 bedroom and 1 bath, while the fourth includes 2 bedrooms, 1 bath, and a additional space excellent for a home office space. Each apartment has modern finishes and separate utilities, streamlining management and lowering operating costs. Ideally located within close proximity to St. Peter’s University and the Journal Square PATH station, the property benefits from strong, consistent rental demand year-round. Whether expanding your portfolio or entering the market, this income-producing asset offers potential in Jersey City.
Financial Summary (Actual - 2025) Click Here to Access |
Annual | Annual Per SF |
|---|---|---|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$99,999
|
$9.99
|
Financial Summary (Actual - 2025) Click Here to Access
| Taxes | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts Under Contract
| Price | $995,000 | Building Size | 1,288 SF |
| Price Per Unit | $248,750 | Average Occupancy | 50% |
| Sale Type | Investment | No. Stories | 2 |
| No. Units | 4 | Year Built/Renovated | 1900/2025 |
| Property Type | Multifamily | Opportunity Zone |
Yes
|
| Apartment Style | Low-Rise |
| Price | $995,000 |
| Price Per Unit | $248,750 |
| Sale Type | Investment |
| No. Units | 4 |
| Property Type | Multifamily |
| Apartment Style | Low-Rise |
| Building Size | 1,288 SF |
| Average Occupancy | 50% |
| No. Stories | 2 |
| Year Built/Renovated | 1900/2025 |
| Opportunity Zone |
Yes |
Amenities
- Smoke Detector
Unit Amenities
- Tile Floors
- Eat-in Kitchen
- Hardwood Floors
- Refrigerator
- Oven
- Stainless Steel Appliances
- Range
- Tub/Shower
Site Amenities
- Private Bathroom
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Walk Score®
Walker's Paradise (94)
Transit Score®
Excellent Transit (77)
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Presented by
Serhant New Jersey LLC
16 Weldon St - 16 Weldon St Jersey City NJ 07306
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