724-726 GRAND ST Jersey City, NJ $ 1,600,000
724-726 GRAND ST
$ 1,600,000
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724-726 GRAND ST

Jersey City, NJ, 07304
$ 1,600,000
Bedrooms-- Baths4.2

Monthly Estimate*

$ 6,737

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Commercial Property for sale in Jersey City, NJ

for $1,600,000 with 4 full baths, 2 half baths. The lot size is 40X80.

Beautiful mixed commercial residential property centrally located in the heart of Jersey City in a busy intersection. The property includes two commercial units on the ground level , 4 2-bedroom apartments and an office space adjacent to the building with a separate entry. All the apartment units are rented including the ground level commercial spaces (Papa Johns& Grand Smoke Shop). The utilities are separate. This is a great opportunity to own this investment with a gross income of $100, 000 per year and a potential CAP Rate of 6%. Property is being sold "as is".

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Commercial Active

Price

$ 1,600,000

Full Bath

4

Half Bath

2

Property Type

Commercial

Taxes

$ 22,255

Lot Size

40X80

Town/City

Jersey City

County/Region

Hudson

MLS | Web ID

210022831

Features
Interior
Heating Source Gas
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* Excluded Features
List By
Tedela "Ted" Meskel

Listing Agent

Weichert Realtors

Broker

Jersey City Exchange Place

Office

Affordability Calculator

$8,592
Per Month
78%
22%
0%
Monthly Principal & Interest
$6,737
Monthly Property Taxes
$1,855
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 2.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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724-726 GRAND ST, Jersey City, NJ, 07304 is a Commercial Property for sale at $1,600,000 with a lot size of 40X80. 724-726 GRAND ST has 4.2 baths. The property's zip code is 07304 which is in Jersey City, NJ