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72 Arlington Ave
Jersey City, NJ 07305
Multifamily Property For Sale
·
7 Units
INVESTMENT HIGHLIGHTS
- Value-Add opportunity
- Loft style + exposed brick
- Laundry in the basement
- All oversized three-bedroom apartments
- Building gut renovated with condo finishes
- Rooftop Terrace
EXECUTIVE SUMMARY
Patrick Forde
License # 2330333 (NJ)
Matthews Real Estate Investment Services, Inc
52 Park Avenue, Suite B5, Park Ridge NJ 07656
(866) 889-0550
License # 2330333 (NJ)
Matthews Real Estate Investment Services, Inc
52 Park Avenue, Suite B5, Park Ridge NJ 07656
(866) 889-0550
PROPERTY FACTS
| Price Per Unit | $314,286 | Property Subtype | Apartment |
| Sale Type | Investment | Building Class | B |
| Cap Rate | 7.29% | Building Size | 6,487 SF |
| No. Units | 7 | No. Stories | 3 |
| Property Type | Multifamily | Year Built | 2000 |
| Price Per Unit | $314,286 |
| Sale Type | Investment |
| Cap Rate | 7.29% |
| No. Units | 7 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Building Class | B |
| Building Size | 6,487 SF |
| No. Stories | 3 |
| Year Built | 2000 |
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 3+1 | 6 | - | 885 |
| 3+2 | 1 | - | 1,177 |
PROPERTY TAXES
| Parcel Number | 06-23702-0000-00001 | Improvements Assessment | $1,489,300 |
| Land Assessment | $245,000 | Total Assessment | $1,734,300 |
PROPERTY TAXES
Parcel Number
06-23702-0000-00001
Land Assessment
$245,000
Improvements Assessment
$1,489,300
Total Assessment
$1,734,300
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