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

70 Sherman Ave
Jersey City, NJ 07307
70 Sherman · Multifamily Property For Sale · 3 Units

Investment Highlights

  • Great turnkey asset investment
  • Each unit presents a great opportunity for rental income, with separately metered utilities
  • Easy access to NYC, whether by bus to Port Authority or a short walk to the 2nd Street Light Rail Station
  • Total of 6 bedrooms and 5 full baths
  • Located in a prime area of Jersey City Heights

Property Facts

No. Units 3
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low-Rise
Building Class C
Lot Size 0.06 AC
Building Size 2,500 SF
Average Occupancy 100%
No. Stories 3
Year Built 1870
Zoning R2

Amenities

  • Smoke Detector

Unit Amenities

  • Air Conditioning
  • Dishwasher
  • Microwave
  • Washer/Dryer
  • Washer/Dryer Hookup
  • Ceiling Fans
  • Eat-in Kitchen
  • Kitchen
  • Refrigerator
  • Oven
  • Sprinkler System
  • Stainless Steel Appliances
  • Tub/Shower
  • Yard
  • Deck
  • Dining Room
  • Garden
  • Island Kitchen
  • Patio
  • Vinyl Flooring

Site Amenities

  • 24 Hour Access
  • Controlled Access

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
3+3 1 $3,700 1,300 - 1,320
2+1 2 $2,700 600 - 650
3+1 3 $1,800 500

Property Taxes

Property Taxes

Parcel Number
06-04502-0000-00012
Land Assessment
$250,000
Improvements Assessment
$534,000
Total Assessment
$784,000
  • Listing ID: 31526862

  • Date on Market: 4/16/2024

  • Last Updated:

  • Address: 70 Sherman Ave, Jersey City, NJ 07307

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