This Multifamily Property is no longer advertised on LoopNet.com.

453 Pavonia Ave
Jersey City, NJ 07306
Fully Occupied True Turn-Key 6-Family · Multifamily Property For Sale · 6 Units

Property Facts

No. Units 6
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low-Rise
Building Class B
Lot Size 0.08 AC
Building Size 5,000 SF
No. Stories 3
Year Built/Renovated 1950/2011
Zoning Residential - Residential

Amenities

Unit Amenities

  • Washer/Dryer
  • Hardwood Floors
  • Deck

About 453 PAVONIA AVE , JERSEY CITY, NJ 07306

VERY RARE OPPORTUNITY to own 1 of the best buildings, on the best streets, on the best blocks in Jersey City. Located on the boarder of Journal Square & Downtown JC, this 6-unit building is just a 10 minute walk from the Journal Sq. PATH train or 18 minutes to Grove St PATH train & restaurants. The BONUS is that there is NO RENT CONTROL!!! Entire building is held as 6 condominium units. Each separate deed, being sold as 1 entire package. Sell the units off individually. Dissolve the condo association & merge the taxes into 1 entity for a reduced tax implication. OR just hold as is this TRUE TURN-KEY positive income 5.5% Cap return investment!

Property Taxes

Property Taxes

Parcel Number
06-09705-0000-00018-0000-C0301
Land Assessment
$80,000
Improvements Assessment
$145,800
Total Assessment
$225,800
  • Listing ID: 10796287

  • Date on Market: 11/29/2017

  • Last Updated:

  • Address: 453 Pavonia Ave, Jersey City, NJ 07306

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