540 Jackson Ave | Elizabeth, NJ 07201
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- LoopNet Team
540 Jackson Ave
Elizabeth, NJ 07201
1040 Julia St · Multifamily Property For Sale
·
5 Units
INVESTMENT HIGHLIGHTS
- Close proximity to Newark Airport increases the potential return if converted to Airbnb, etc...
- Turnkey & 100% occupied. No additional work needed!
- Commercial unit is on last 6 years of extremely low lease. Market rent for this location is between $4500 - $7500.
PROPERTY FACTS
AMENITIES
SITE AMENITIES
- Laundry Facilities
- Picnic Area
- Security System
- Gas Range
- Smoke Free
- Trash Pickup - Curbside
- Grocery Service
- On-Site ATM
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| Studios | 5 | $4,000 | 1,800 - 2,000 |
| 3+1 | 10 | $2,500 | 900 - 950 |
PROPERTY TAXES
| Parcel Number | 04-00008-0000-01056 | Improvements Assessment | $867,000 |
| Land Assessment | $203,800 | Total Assessment | $1,070,800 |
PROPERTY TAXES
Parcel Number
04-00008-0000-01056
Land Assessment
$203,800
Improvements Assessment
$867,000
Total Assessment
$1,070,800
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