525 Newark Ave
Jersey City, NJ 07306
Multifamily Property For Sale
·
6 Units
Property Facts
| No. Units | 6 | Lot Size | 0.05 AC |
| Property Type | Multifamily | Building Size | 2,150 SF |
| Property Subtype | Apartment | No. Stories | 3 |
| Apartment Style | Low-Rise | Year Built | 1900 |
| Building Class | C | ||
| Zoning | C-2 | ||
| No. Units | 6 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.05 AC |
| Building Size | 2,150 SF |
| No. Stories | 3 |
| Year Built | 1900 |
| Zoning | C-2 |
About 525 NEWARK AVE , JERSEY CITY, NJ 07306
CALLING ALL INVESTORS! We are pleased to announce this off-market 6 unit renovated building in the heart of Jersey City Heights ! All apartments feature 2 bedrooms, renovated kitchen and baths, hardwood floors, separate utilities. text Grisell 201.390.7631 to schedule an appointment NO REALTORS OR BROKERS! PRINCIPLES AND SERIOUS INQUIRIES ONLY!! please text show contact info for a private viewing...proof of funds MUST be provided to view property. Apartment 1 $1,300.00 Apartment 2 $1,300.00 Apartment 3 $1,301.00 Apartment 4 $1,300.00 Apartment 5 $1,400.00 Apartment 6 $1,428.00 Monthly $8,029.00 Yearly $96,348.00 Expenses Water/Sewer $2,200.00 Insurance $3,000.00 electric $600.00 Exterminating $960.00 Taxes $13,884.00 Vacancy at 3% $2,890.44 Management at 4% $3,853.92 Misc/Repairs/Reserves at 3% $2,890.44 Total Expenses $30,278.80 Net Operating Income -$66,069.20 ASKING PRICE $1,350,000.00
Property Taxes
| Parcel Number | 06-09601-0000-00019 | Improvements Assessment | $597,600 |
| Land Assessment | $330,000 | Total Assessment | $927,600 |
Property Taxes
