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396 SUMMIT Ave
Jersey City, NJ 07306
Journal Square Mixed Use - New Construction · Retail Property For Sale
Investment Highlights
- Property Consists of 5 Units: 4 Residential Apartments And 1 Commercial Unit
- All Separate Utilities Responsibility Of Tenants
- No Rent Control
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
3,400 SF
Building Class
C
Year Built
1880
Price
$1,291,000
Price Per SF
$379.71
Cap Rate
6.18%
NOI
$79,730
Percent Leased
100%
Tenancy
Multiple
Building Height
3 Stories
Slab To Slab
12’
Building FAR
3.90
Lot Size
0.02 AC
Zoning
C-1
Frontage
16’ on Summit Ave
Amenities
- Corner Lot
- Signage
- Air Conditioning
Property Taxes
| Parcel Number | 06-10803-0000-00013 | Improvements Assessment | $1,020,400 |
| Land Assessment | $83,600 | Total Assessment | $1,104,000 |
Property Taxes
Parcel Number
06-10803-0000-00013
Land Assessment
$83,600
Improvements Assessment
$1,020,400
Total Assessment
$1,104,000
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