289 NEW YORK AVE Jersey City, NJ 07307

$879,000
289 NEW YORK AVE, Jersey City, NJ 07307
Call 1-800-839-1363
170012038

Commercial Property for sale in Jersey City, NJ

for $879,000 with 8 full baths. The lot size is 25X100.

Property Information

  • $879,000
  • 8 Full Baths
  • Commercial
  • Taxes are $12,167
  • Investment
  • Active
  • 2 Floors
  • Lot size of 25X100
  • Jersey City, NJ
  • Washington Village Neighborhood
  • Hudson County
  • MLS/Web ID is 170012038
  • Just Listed

Description

Rare to the market - 8 unit building in one of the most sought after neighborhoods - JC Heights! This fantastic property consists of 7 studios and one 1-bed, 1-bath apartment. Majority of the units have been renovated. There is a local management company and super in place. Tenant pays for electricity, and the landlord pays for the heat and hot water. Coin operated washer/dryer and storage units can easily be installed in the basement. This property has great untapped profit potential. These apartments are excellent for the working professional as the bus stop on Palisade ave is right around the corner, and the Congress Street lightrail is a 10 minute stroll! New construction developments are making wave throughout the neighborhood. Restauranteurs such as Fox and Crow, The Cliff, Dark Side of the Moo are only a few amongst many dining places close to this property. Conveniently located one and a half block away from the Riverview Park, which has great NYC panoramic views to take in from the new gazebo, seasonal farmer/s market, and community events! Be a part of the JC renaissance, and make this your investment property today!

Interior 1

Heating Source

  • Gas

† Excluded Feature

Listed By

Listing Agent: Giuseppina "Josie" Lopiccolo
Broker: Weichert Realtors
Office: Jersey City Downtown

289 NEW YORK AVE, Jersey City, NJ, 07307 is a Commercial Property for sale at $879,000 with a lot size of 25X100. 289 NEW YORK AVE has 8 baths. The property's zip code is 07307 which is in Jersey City, NJ

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Market Pricing

Average % of sale price Median % of sale price
All listings in Jersey City $780,705 11 % below $599,000 32 % below
Commerical listings in Jersey City $1,274,523 45 % above $854,500 3 % below
Sold listings in Jersey City $183,500 79 % below $0 100 % below

Get the facts about Jersey City, NJ!

Population 263,969
Population Growth (since 2000) 10 %
Median Income $61,705
Median Age 35.73
Households w/ Children 27 %

Residential Dwellings

  • Owned 30878
  • Vacant 11364
  • Rented 73079

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