152-154 DANFORTH AVE Jersey City, NJ 07305

$924,000
152-154 DANFORTH AVE, Jersey City, NJ 07305

Commercial Property for sale in Jersey City, NJ

for $924,000 with 4 full baths, 2 half baths. The lot size is 50X100.

Property Information

  • $924,000
  • 4 Full Baths, 2 Half Baths
  • Commercial
  • Taxes are $17,600
  • Investment
  • Active
  • 3 Floors
  • Lot size of 50X100
  • Jersey City, NJ
  • Greenville Neighborhood
  • Hudson County
  • MLS/Web ID is 180001909

Description

2 mixed use properties combined and sold as a package deal. Each building has 2 2-bedroom units and 1 commercial space. Commerical spaces combined and used as a high end boutique with additiional space on 2nd floor. #154 has finished basement. #152 unfinished with half bath. Apartments on 2nd floor have shared access to large open deck. Landlord pays heat and hot water for entire building, other utilities are seperated. Current rent slightly below market value. With rent at market value + garage spaces + retail space, CAP rate is 8.4%. All tenants have month to month leases. Parking for 3 cars. Business is also available for sale and has to be negotiated seperately.

Interior 1

Heating Source

  • Gas

Exterior 1

Parking

  • 1-20 Parking Spaces

Miscellaneous 1

Location

  • Freestanding

† Excluded Feature

Listed By

Listing Agent: Janice Hall
Broker: Weichert Realtors
Office: Jersey City Downtown
Phone: (201) 232-8577

152-154 DANFORTH AVE, Jersey City, NJ, 07305 is a Commercial Property for sale at $924,000 with a lot size of 50X100. 152-154 DANFORTH AVE has 4.2 baths. The property's zip code is 07305 which is in Jersey City, NJ

Market Pricing

Average % of sale price Median % of sale price
All listings in Jersey City $826,651 11 % below $589,888 36 % below
Commerical listings in Jersey City $1,363,814 48 % above $924,000 0 % below
Sold listings in Jersey City $183,500 80 % 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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