281 Forrest StreetJersey City, NJ, 07304
$ 749,900Bedrooms7 Baths4.0
for $749,900 with 7 bedrooms and 4 full baths.
Solid investment opportunity with 7.57% cap rate! Renovated legal 3 family brick townhouse, finished basement, parking and huge backyard on a 169-ft long oversized lot. Located right off the new light rail station and City Hall Annex in the booming Bergen Lafayette section of Jersey City. 1st & 2nd floor units gut renovated in 2015. 3rd floor unit newly renovated in 2021. All featuring: hardwood floor throughout, granite countertop, stainless steel appliances, tiled bathrooms, central air HVAC system, washer & dryer and hot water heater on each floor. Great opportunity for owner occupied or investors. Separate utility for each unit with minimal owner responsibility. 5-year green card recently issued. CAP RATE 7.57%. Opportunity zone with huge tax benefits. Income and expense upon request.
Heating Source Gas
Room Features Laundry In Unit
Lot Description Regular
Separate Utilities Electric Meters Gas Heat
Location Near Park Near Public Transportation Near School Other Shopping Mall / Center
List By Erealty Advisors, Inc.
- Monthly Principal & Interest
- Monthly Property Taxes
- Monthly Home Insurance
Default based on a 30-year fixed rate of 3.49% 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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Multi-family listings in Jersey City, NJ
Average List Price $1,012,098
Percent of Sale Price 35%
About Jersey City, NJ
$ 68,187 Median Income
37.13 Median Age
27% Households with Children