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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. "
Taxes & Operating Expenses (Pro Forma - 2026) Click Here to Access |
Annual |
|---|---|
| Gross Rental Income |
$99,999
|
| Other Income |
-
|
| Vacancy Loss |
-
|
| Effective Gross Income |
$99,999
|
| Taxes |
$99,999
|
| Operating Expenses |
$99,999
|
| Total Expenses |
$99,999
|
| Net Operating Income |
$99,999
|
Taxes & Operating Expenses (Pro Forma - 2026) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | $99,999 |
| Other Income | |
|---|---|
| Annual | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Effective Gross Income | |
|---|---|
| Annual | $99,999 |
| Taxes | |
|---|---|
| Annual | $99,999 |
| Operating Expenses | |
|---|---|
| Annual | $99,999 |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Net Operating Income | |
|---|---|
| Annual | $99,999 |
Property Facts
| Price | $580,000 | Status | Active |
| Price / SF | $11.33 / SF | Number of Properties | 3 |
| Sale Condition | Bulk/Portfolio Sale | Individually For Sale | 0 |
| Cap Rate | 6.30% | Total Building Size | 51,200 SF |
| Sale Type | Investment | Total Land Area | 0.41 AC |
| Price | $580,000 |
| Price / SF | $11.33 / SF |
| Sale Condition | Bulk/Portfolio Sale |
| Cap Rate | 6.30% |
| Sale Type | Investment |
| Status | Active |
| Number of Properties | 3 |
| Individually For Sale | 0 |
| Total Building Size | 51,200 SF |
| Total Land Area | 0.41 AC |
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
