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42 Poplar St 5 Unit Apartment Building $2,999,900 ($599,980/Unit) 4% Cap Rate Jersey City, NJ 07307
EXECUTIVE SUMMARY
Perfectly snuggled between Summit and Central, this perfectly maintained 5 unit is guaranteed to cashflow. Wash Park is a stone-throw away where JC Heights living is exemplified by the life-filled activities and where community focused conversations are had driving Jersey City forward. Doorstep dining and shopping on Central Avenue makes life extremely easy for your Tenants and drives cashflow higher – happy Tenants, happier Landlords! The 4 single bed apartments (currently vacant) are perfect for the NYC working professionals and the Owner’s ground floor can be home to a family paying top dollar. Beautiful upgrades done recently includes open backyard and interior finishes anyone would appreciate. Call today!
PROPERTY FACTS
| Price | $2,999,900 | Apartment Style | Low-Rise |
| Price Per Unit | $599,980 | Building Class | C |
| Sale Type | Investment | Lot Size | 0.06 AC |
| Cap Rate | 4% | Building Size | 3,486 SF |
| No. Units | 5 | No. Stories | 3 |
| Property Type | Multifamily | Year Built | 1910 |
| Property Subtype | Apartment |
| Price | $2,999,900 |
| Price Per Unit | $599,980 |
| Sale Type | Investment |
| Cap Rate | 4% |
| No. Units | 5 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.06 AC |
| Building Size | 3,486 SF |
| No. Stories | 3 |
| Year Built | 1910 |
AMENITIES
UNIT AMENITIES
- Kitchen
- Refrigerator
- Oven
- Range
- Tub/Shower
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 1+1 | 5 | - | - |
1 1
Walk Score®
Walker's Paradise (96)
Transit Score®
Excellent Transit (70)
Bike Score®
Very Bikeable (74)
PROPERTY TAXES
| Parcel Number | 06-00802-0000-00043 | Improvements Assessment | $476,400 |
| Land Assessment | $225,000 | Total Assessment | $701,400 |
PROPERTY TAXES
Parcel Number
06-00802-0000-00043
Land Assessment
$225,000
Improvements Assessment
$476,400
Total Assessment
$701,400
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42 Poplar St
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