40 Beacon Ave | Jersey City, NJ 07306
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- LoopNet Team
40 Beacon Ave
Jersey City, NJ 07306
Multifamily Property For Sale
·
9 Units
INVESTMENT HIGHLIGHTS
- Location: Situated in the vibrant Jersey City Heights neighborhood, offering urban living with easy access to parks, schools, and transportation.
- Amenities: Includes on-site parking, a convenient laundry room, and a new virtual doorman system for enhanced security.
- Investment Potential: Capitalize on the growing demand for quality housing in Jersey City Heights. The property offers a solid income and low expenses
- Unit Composition: The property features 8 stylish studios and 1 two-bedroom unit, with the potential to convert the latter into two separate studios.
- Current Tenancy: Fully leased with a mix of long-term occupants and newer leases, offering immediate rental income. There's potential for even more!
PROPERTY FACTS
| No. Units | 9 | Building Size | 4,500 SF |
| Property Type | Multifamily | Average Occupancy | 100% |
| Property Subtype | Apartment | No. Stories | 4 |
| Apartment Style | Mid-Rise | Year Built/Renovated | 1910/2023 |
| Building Class | C | Parking Ratio | 1/1,000 SF |
| Lot Size | 0.07 AC | ||
| Zoning | MF - Multi family residential location | ||
| No. Units | 9 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Mid-Rise |
| Building Class | C |
| Lot Size | 0.07 AC |
| Building Size | 4,500 SF |
| Average Occupancy | 100% |
| No. Stories | 4 |
| Year Built/Renovated | 1910/2023 |
| Parking Ratio | 1/1,000 SF |
| Zoning | MF - Multi family residential location |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Heating
- Security System
- Kitchen
- Stainless Steel Appliances
- Tub/Shower
- Walk-In Closets
- Intercom
SITE AMENITIES
- 24 Hour Access
- Laundry Facilities
- Security System
- Gas Range
- Storage Space
- Public Transportation
- Walk-Up
- Smoke Detector
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| Studios | 8 | $1,333 | 300 - 400 |
| 2+1 | 1 | $1,793 | 700 |
PROPERTY TAXES
| Parcel Number | 06-05903-0000-00035 | Improvements Assessment | $1,183,900 |
| Land Assessment | $405,000 | Total Assessment | $1,588,900 |
PROPERTY TAXES
Parcel Number
06-05903-0000-00035
Land Assessment
$405,000
Improvements Assessment
$1,183,900
Total Assessment
$1,588,900
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