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379 OCEAN Ave 3,000 SF 100% Leased Retail Building Jersey City, NJ 07305 $650,000 ($216.67/SF) 8% Cap Rate
EXECUTIVE SUMMARY
Fully occupied, two-3 BR-1Bath Residential units and one commercial.
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
3,000 SF
Building Class
C
Year Built
1975
Price
$650,000
Price Per SF
$216.67
Cap Rate
8%
NOI
$52,000
Percent Leased
100%
Tenancy
Multiple
Building Height
3 Stories
Building FAR
2.30
Lot Size
0.03 AC
Zoning
R-2
Frontage
20’ on Ocean Ave
Walk Score®
Very Walkable (75)
Transit Score®
Excellent Transit (70)
Bike Score®
Very Bikeable (82)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 06-26501-0000-00032 | Improvements Assessment | $309,000 |
| Land Assessment | $46,100 | Total Assessment | $355,100 |
PROPERTY TAXES
Parcel Number
06-26501-0000-00032
Land Assessment
$46,100
Improvements Assessment
$309,000
Total Assessment
$355,100
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379 OCEAN Ave
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