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374 Summit Ave
Jersey City, NJ 07306
JSQ Multi-Fam · Multifamily Property For Sale
·
5 Units
Investment Highlights
- JSQ PATH train
- College Community
- JSQ Transportation Hub
Executive Summary
Here is a terrific opportunity to own a professionally maintained five-family property in the heart of Journal Square. Ideally located within a rapidly expanding redevelopment zone, the property sits adjacent to the Hudson County Community College campus and just a few blocks from the Journal Square PATH station, offering exceptional accessibility to New York City.
This 25 x 100 property presents a solid investment opportunity, surrounded by significant ongoing improvements and new developments that continue to enhance the neighborhood’s growth and long-term value.
Don’t miss the opportunity to be part of one of Jersey City’s most dynamic and evolving areas.
This 25 x 100 property presents a solid investment opportunity, surrounded by significant ongoing improvements and new developments that continue to enhance the neighborhood’s growth and long-term value.
Don’t miss the opportunity to be part of one of Jersey City’s most dynamic and evolving areas.
Property Facts
| Price Per Unit | $280,000 | Building Class | C |
| Sale Type | Investment | Lot Size | 0.06 AC |
| No. Units | 5 | Building Size | 3,858 SF |
| Property Type | Multifamily | No. Stories | 3 |
| Property Subtype | Apartment | Year Built | 1989 |
| Apartment Style | Low-Rise | Parking Ratio | 0.26/1,000 SF |
| Price Per Unit | $280,000 |
| Sale Type | Investment |
| No. Units | 5 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.06 AC |
| Building Size | 3,858 SF |
| No. Stories | 3 |
| Year Built | 1989 |
| Parking Ratio | 0.26/1,000 SF |
Amenities
Unit Amenities
- Air Conditioning
- Heating
- Kitchen
- Refrigerator
- Oven
- Tub/Shower
Site Amenities
- 24 Hour Access
- Controlled Access
- Tenant Controlled HVAC
- Recycling
- Smoke Free
- Smoke Detector
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| Studios | 1 | - | - |
| 2+1 | 3 | - | - |
| 5+1 | 1 | - | - |
Property Taxes
| Parcel Number | 06-10801-0000-00004 | Improvements Assessment | $533,100 |
| Land Assessment | $186,000 | Total Assessment | $719,100 |
Property Taxes
Parcel Number
06-10801-0000-00004
Land Assessment
$186,000
Improvements Assessment
$533,100
Total Assessment
$719,100
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