320 Central Ave | Jersey City, NJ 07307
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- LoopNet Team
320 Central Ave
Jersey City, NJ 07307
320—322 Central Avenue, Jersey City, NJ 07307 · Multifamily Property For Sale
·
10 Units
Investment Highlights
- Brick Corner Property w/ Significant Value Add Potential
- As of Right Five Story Development Opportunity
Property Facts
| No. Units | 10 | Lot Size | 0.07 AC |
| Property Type | Multifamily | Building Size | 13,417 SF |
| Property Subtype | Apartment | Average Occupancy | 100% |
| Apartment Style | Mid-Rise | No. Stories | 4 |
| Building Class | C | Year Built/Renovated | 1952/2018 |
| Zoning | Neighborhood Commercial - Maximum building height: Five stories at 55’ for buildings above retail space | ||
| No. Units | 10 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Mid-Rise |
| Building Class | C |
| Lot Size | 0.07 AC |
| Building Size | 13,417 SF |
| Average Occupancy | 100% |
| No. Stories | 4 |
| Year Built/Renovated | 1952/2018 |
| Zoning | Neighborhood Commercial - Maximum building height: Five stories at 55’ for buildings above retail space |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| Studios | 1 | - | 400 |
| 1+1 | 3 | - | 415 - 450 |
| 2+1 | 2 | - | 670 - 700 |
| 3+1 | 2 | - | 925 |
| 4+1 | 2 | - | 1,392 |
Property Taxes
| Parcel Number | 06-02901-0000-00024 | Improvements Assessment | $2,096,300 |
| Land Assessment | $438,100 | Total Assessment | $2,534,400 |
Property Taxes
Parcel Number
06-02901-0000-00024
Land Assessment
$438,100
Improvements Assessment
$2,096,300
Total Assessment
$2,534,400
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