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413 Summit Ave
Jersey City, NJ 07306
413 Summit · Multifamily Property For Sale
·
148 Units
INVESTMENT HIGHLIGHTS
- A rooftop terrace with grills, fireplace, and stunning city view
- A state-of-the-art fitness center; a dedicated yoga room
- A resident lounge for co-working and social events
- Bike storage; package receiving services; storage space; a 24/7 virtual doorman system; and on-site management
EXECUTIVE SUMMARY
Built in 2023, this Class A property represents a new benchmark in upscale residential living, offering a diverse mix of studios, one-, two-, and three-bedroom apartments and a resort-style amenity package designed to attract and retain quality tenants,” said Ozturk. “The developer and their team have done an exceptional job delivering a product that caters to today’s modern renter
PROPERTY FACTS
| Sale Type | Investment | Lot Size | 0.24 AC |
| No. Units | 148 | Building Size | 140,000 SF |
| Property Type | Multifamily | No. Stories | 20 |
| Property Subtype | Apartment | Year Built | 2023 |
| Apartment Style | Hi-Rise | Opportunity Zone |
Yes
|
| Building Class | B |
| Sale Type | Investment |
| No. Units | 148 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Hi-Rise |
| Building Class | B |
| Lot Size | 0.24 AC |
| Building Size | 140,000 SF |
| No. Stories | 20 |
| Year Built | 2023 |
| Opportunity Zone |
Yes |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Kitchen
- Refrigerator
- Oven
- Tub/Shower
- Large Bedrooms
SITE AMENITIES
- 24 Hour Access
- Controlled Access
- Tenant Controlled HVAC
- Smoke Free
- Smoke Detector
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| Studios | 46 | - | - |
| 1+1 | 80 | - | - |
| 2+1 | 19 | - | - |
| 3+2 | 3 | - | - |
PROPERTY TAXES
| Parcel Number | 06-10704-0000-00007-01 | Improvements Assessment | $30,172,900 |
| Land Assessment | $8,140,000 | Total Assessment | $38,312,900 |
PROPERTY TAXES
Parcel Number
06-10704-0000-00007-01
Land Assessment
$8,140,000
Improvements Assessment
$30,172,900
Total Assessment
$38,312,900
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