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74 Cambridge Ave 4,250 SF 100% Leased Retail Building Jersey City, NJ 07307 $1,599,000 ($376.24/SF) 6.59% Cap Rate
EXECUTIVE SUMMARY
Turn-Key Mixed-Use | 4 Residential Units + Active Commercial Space + Private Parking
Investment-Ready & Freshly Renovated
Delivered Vacant + Immediate Upside
Freshly updated and delivered with all four residential units unoccupied, this building is ready for immediate lease-up and accelerated income growth. Perfect for value-add investors or those seeking to occupy and earn.
Property Features
4 Fully Renovated Residential Units – Delivered vacant and ready to lease
1 Ground-Floor Commercial Space – Active tenant provides day-one cash flow
4 Off-Street Parking Spaces – A rare amenity in Jersey City
Modern Finishes – Clean, updated interiors throughout
Location Highlights
Walk Score: 98 – Steps to parks, groceries, dining & daily essentials
Prime Jersey City Heights – Fast-growing, safe, and highly walkable
Commuter-Friendly – Quick access to Hoboken, NYC, PATH, light rail & major bus lines
Why Invest Here?
? Multiple Income Streams
? Delivered Vacant for Strategic Leasing
? Immediate Cash Flow from Commercial Tenant
? Desirable Neighborhood with Strong Tenant Demand
Investment-Ready & Freshly Renovated
Delivered Vacant + Immediate Upside
Freshly updated and delivered with all four residential units unoccupied, this building is ready for immediate lease-up and accelerated income growth. Perfect for value-add investors or those seeking to occupy and earn.
Property Features
4 Fully Renovated Residential Units – Delivered vacant and ready to lease
1 Ground-Floor Commercial Space – Active tenant provides day-one cash flow
4 Off-Street Parking Spaces – A rare amenity in Jersey City
Modern Finishes – Clean, updated interiors throughout
Location Highlights
Walk Score: 98 – Steps to parks, groceries, dining & daily essentials
Prime Jersey City Heights – Fast-growing, safe, and highly walkable
Commuter-Friendly – Quick access to Hoboken, NYC, PATH, light rail & major bus lines
Why Invest Here?
? Multiple Income Streams
? Delivered Vacant for Strategic Leasing
? Immediate Cash Flow from Commercial Tenant
? Desirable Neighborhood with Strong Tenant Demand
PROPERTY FACTS
Sale Type
Investment
Sale Condition
1031 Exchange
Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
4,250 SF
Building Class
C
Year Built
1870
Price
$1,599,000
Price Per SF
$376.24
Cap Rate
6.59%
NOI
$105,451
Percent Leased
100%
Tenancy
Multiple
Building Height
3 Stories
Building FAR
1.95
Lot Size
0.05 AC
Zoning
Commercial
Parking
4 Spaces (0.94 Spaces per 1,000 SF Leased)
Frontage
23’ on Cambridge Ave
AMENITIES
- Bus Line
- Signage
Walk Score®
Walker's Paradise (98)
Transit Score®
Excellent Transit (71)
Bike Score®
Very Bikeable (75)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 06-03802-0000-00001 | Improvements Assessment | $759,800 |
| Land Assessment | $179,500 | Total Assessment | $939,300 |
PROPERTY TAXES
Parcel Number
06-03802-0000-00001
Land Assessment
$179,500
Improvements Assessment
$759,800
Total Assessment
$939,300
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Presented by
Coldwell Banker Realty
74 Cambridge Ave
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