Share This Listing

Message

962 characters remaining

Hmm, there seems to have been an error sending your message. Please try again.

Your email has been sent.

Still interested?

Contact the broker for more information about this property

203 Garfield Ave 6 Unit Apartment Building $1,354,000 ($225,667/Unit) 7.35% Cap Rate Jersey City, NJ 07305

Save this listing!

Favorite this listing to get notified of price updates, new media and more

INVESTMENT HIGHLIGHTS

  • Fully Gut Renovated Opportunity
  • 3 Parking Spots (that can charge for in the future)
  • Less than 40 minutes to New York City
  • All new electric, plumbing, roof, boilers & hot water heater
  • New Boilers & Water Heaters within the Last Five Years
  • Landlord pays for common area electric, sewer & water

EXECUTIVE SUMMARY

Broker of Record
Patrick Forde
License # 2330333 (NJ)
Matthews Real Estate Investment Services, Inc
52 Park Avenue, Suite B5, Park Ridge NJ 07656
(866) 889-0550

PROPERTY FACTS

Price $1,354,000
Price Per Unit $225,667
Sale Type Investment
Cap Rate 7.35%
No. Units 6
Property Type Multifamily
Property Subtype Apartment
Building Class C
Lot Size 0.06 AC
Building Size 3,975 SF
No. Stories 3
Year Built 1890
Opportunity Zone Yes

UNIT MIX INFORMATION

DESCRIPTION NO. UNITS AVG. RENT/MO SF
1+1 6 - -
Walk Score®
Very Walkable (78)
Transit Score®
Excellent Transit (72)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
06-29401-0000-00027
Land Assessment
$175,000
Improvements Assessment
$835,000
Total Assessment
$878,100
  • Listing ID: 38985624

  • Date on Market: 1/6/2026

  • Last Updated:

  • Address: 203 Garfield Ave, Jersey City, NJ 07305

Link copied
Your LoopNet account has been created!

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, "rating") }}
255 character limit ({{ remainingChars() }} charactercharacters remainingover)
{{ getErrorText(feedbackForm.msg, "rating") }}
{{ getErrorText(feedbackForm.fname, "first name") }}
{{ getErrorText(feedbackForm.lname, "last name") }}
{{ getErrorText(feedbackForm.phone, "phone number") }}
{{ getErrorText(feedbackForm.phonex, "phone extension") }}
{{ getErrorText(feedbackForm.email, "email address") }}