Log In/Sign Up
Your email has been sent.
187 Beacon Ave 6 Unit Apartment Building $1,800,000 ($300,000/Unit) Jersey City, NJ 07306
INVESTMENT HIGHLIGHTS
- Turnkey investment with all unit currently leased
- Low maintenance structure ideal for both new and seasoned investors
- Strong rental history with consistent income
- Located in a high-growth Jersey City neighborhood with continued appreciation potential
EXECUTIVE SUMMARY
ntroducing a fully occupied 6 unit apartment building in the heart of Jersey City Heights. Perfect for any investor seeking strong, stable cash flow with minimal turnover. This well-maintained property features six income producing residential units, all secured with active leases, providing immediate and reliable returns from day one.
Generating an estimated annual revenue of approximately $90,000, this asset delivers a solid 5% cap rate, making it a rare find in today’s competitive market. Tenants enjoy proximity to major transportation, parks, schools, shopping and restaurants, ensuring ongoing demand and long-term occupancy.
Additional highlights include:
- Turnkey investment with all unit currently leased
- Strong rental history with consistent income
- Low maintenance structure ideal for both new and seasoned investors
- Located in a high-growth Jersey City neighborhood with continued appreciation potential
Whether you’re expanding your portfolio or seeking a dependable income producing property, this 6 unit building offers the perfect combination of location, stability and long term upside. Don’t miss your change to secure a prime multi family asset in one of the New Jersey’s most sought-after markets
Generating an estimated annual revenue of approximately $90,000, this asset delivers a solid 5% cap rate, making it a rare find in today’s competitive market. Tenants enjoy proximity to major transportation, parks, schools, shopping and restaurants, ensuring ongoing demand and long-term occupancy.
Additional highlights include:
- Turnkey investment with all unit currently leased
- Strong rental history with consistent income
- Low maintenance structure ideal for both new and seasoned investors
- Located in a high-growth Jersey City neighborhood with continued appreciation potential
Whether you’re expanding your portfolio or seeking a dependable income producing property, this 6 unit building offers the perfect combination of location, stability and long term upside. Don’t miss your change to secure a prime multi family asset in one of the New Jersey’s most sought-after markets
PROPERTY FACTS
| Price | $1,800,000 | Apartment Style | Low-Rise |
| Price Per Unit | $300,000 | Building Class | C |
| Sale Type | Investment | Lot Size | 0.06 AC |
| No. Units | 6 | Building Size | 3,024 SF |
| Property Type | Multifamily | No. Stories | 3 |
| Property Subtype | Apartment | Year Built | 1895 |
| Zoning | R-2 | ||
| Price | $1,800,000 |
| Price Per Unit | $300,000 |
| Sale Type | Investment |
| No. Units | 6 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.06 AC |
| Building Size | 3,024 SF |
| No. Stories | 3 |
| Year Built | 1895 |
| Zoning | R-2 |
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| Studios | 6 | - | - |
1 1
Walk Score®
Walker's Paradise (91)
Transit Score®
Excellent Transit (81)
PROPERTY TAXES
| Parcel Number | 06-05603-0000-00002 | Improvements Assessment | $431,400 |
| Land Assessment | $270,000 | Total Assessment | $701,400 |
PROPERTY TAXES
Parcel Number
06-05603-0000-00002
Land Assessment
$270,000
Improvements Assessment
$431,400
Total Assessment
$701,400
1 of 18
VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
1 of 1
Presented by
H PROPERTY BROKERS
187 Beacon Ave
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.