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305 3rd St
Jersey City, NJ 07302
Retail Property For Sale
Property Facts
Property Type
Retail
Property Subtype
Building Size
5,500 SF
Building Class
C
Year Built/Renovated
1960/2016
Tenancy
Multiple
Building Height
2 Stories
Slab To Slab
12’
Zoning
R-2 mixed use
Parking
1 Spaces (0.18 Spaces per 1,000 SF Leased)
Frontage
26’ on 3rd St
Amenities
- 24 Hour Access
- Metro/Subway
- Skylights
- Car Charging Station
- Air Conditioning
- Balcony
About 305 3RD ST , JERSEY CITY, NJ 07302
Start with a ground level 2500' artist studio that includes 13' ceilings, an office, bedroom, full bath and drive-in parking. Now add two beautifully renovated apartments on the second and third floor that generate $102,000 gross rental income. Mix in low taxes, downtown JC living and easy access to NYC via the Grove St. PATH and the result would be 305 3rd. Artist studio is ready to move into as an extraordinary live/work space or lease it out to boost your rental income and make this property a 6 CAP investment.
Property Taxes
| Parcel Number | 06-11106-0000-00007 | Improvements Assessment | $876,500 |
| Land Assessment | $604,300 | Total Assessment | $1,480,800 |
Property Taxes
Parcel Number
06-11106-0000-00007
Land Assessment
$604,300
Improvements Assessment
$876,500
Total Assessment
$1,480,800
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