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3 Condos for sale 3 Multifamily Properties Offered at $580,000 in Multiple Locations


Executive Summary
CAP RATE 6.30% Current gross rent 60420 Expenses 23892
NOI 36528
CAP RATE 6.60% Projected gross rent 62400 Expenses 23892
NOI 38508
"Monthly incomes & expenses "
117 Corbin ave, Jersey City, NJ unit 404 "Estimate $227,000 "
RENT 1800
HOA 329
TAX 290 Total expenses
Insurance 20 639
NET 1161
601 Columbia Ave North Bergen, NJ, unit 204 Estimate $220,000
RENT 1650 Rented, currently month to month tenant
HOA 228
TAX 222 Total expenses
Insurance 20 470
NET 1180
311 79th St, North Bergen, NJ, unit 47 Estimate $235,000
*1750 RENT 1585 Total expenses
HOA 569 882
TAX 293
Insurance 20
NET 703
" " "Assessment of $495 for a year (New Elevator) will be paid by seller "
"* Market rent $1,750, long term tenant, rent under market. "
NOI 36528
CAP RATE 6.60% Projected gross rent 62400 Expenses 23892
NOI 38508
"Monthly incomes & expenses "
117 Corbin ave, Jersey City, NJ unit 404 "Estimate $227,000 "
RENT 1800
HOA 329
TAX 290 Total expenses
Insurance 20 639
NET 1161
601 Columbia Ave North Bergen, NJ, unit 204 Estimate $220,000
RENT 1650 Rented, currently month to month tenant
HOA 228
TAX 222 Total expenses
Insurance 20 470
NET 1180
311 79th St, North Bergen, NJ, unit 47 Estimate $235,000
*1750 RENT 1585 Total expenses
HOA 569 882
TAX 293
Insurance 20
NET 703
" " "Assessment of $495 for a year (New Elevator) will be paid by seller "
"* Market rent $1,750, long term tenant, rent under market. "
Property Facts
Properties
| Property Name / Address | Property Type | Size | Year Built | Individual Price |
|---|---|---|---|---|
| 117 Corbin Ave, Jersey City, NJ 07306 | Multifamily | 18,020 SF | 1923 | - |
|
Park 311 Condominium
311 79th St, North Bergen, NJ 07047 |
Multifamily | 32,000 SF | 1920 | - |
| 604 Columbia Ave, North Bergen, NJ 07047 | Multifamily | 1,180 SF | - | - |
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3 Condos for sale
