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3388 John F Kennedy Blvd
Jersey City, NJ 07307
Multifamily Property For Sale
·
20 Units
Investment Highlights
- 20 Unit Apartment Building Located In The Heights Of Jersey City
- Recent Capital Improvements
- Major Upside In Under Market Rents
- Brick Four Story Walk Up
- Five Units Delivered Vacant
Executive Summary
Prime Location in The Heights Neighborhood Near Developing Urban District
Value-Add, Walk-Up Apartment Building with Classic Brick Construction
Five Units Delivered Vacant Providing Immediate Renovation and Leasing Flexibility
Significant Upside Potential with Rents Approximately 90 Percent Below Market
Value-Add, Walk-Up Apartment Building with Classic Brick Construction
Five Units Delivered Vacant Providing Immediate Renovation and Leasing Flexibility
Significant Upside Potential with Rents Approximately 90 Percent Below Market
Property Facts
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 16 | - | - |
| 2+1 | 4 | - | - |
Property Taxes
| Parcel Number | 06-03404-0000-00049 | Improvements Assessment | $260,800 |
| Land Assessment | $900,000 | Total Assessment | $1,160,800 |
Property Taxes
Parcel Number
06-03404-0000-00049
Land Assessment
$900,000
Improvements Assessment
$260,800
Total Assessment
$1,160,800
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