12 RANDOLPH AVE Jersey City, NJ 07305

$1,050,000
12 RANDOLPH AVE, Jersey City, NJ 07305
180018780

Commercial Property for sale in Jersey City, NJ

for $1,050,000 with 7 full baths.

Property Information

  • $1,050,000
  • 7 Full Baths
  • Commercial
  • Taxes are $9,776
  • Investment
  • Active
  • 3 Floors
  • Jersey City, NJ
  • Greenville Neighborhood
  • Hudson County
  • MLS/Web ID is 180018780
  • Price Reduced

Description

6 unit building with 5 garages sitting on a 42.43X116.78 lot in one of the up and coming areas in Jersey City NJ. 20 minutes to NYC, 7 minutes to downtown Jersey City and Journal Square Easy access to NJ Turnpike, Holland Tunnel and Port authority. This property features two 2bedrooms 1bathroom apartments, three - 1bedroom 1bath apartments, One- 3bedroom 1 bath apartment and a bonus unit in the basement. 4 out of 5 garages are being rented for $100 each can rent for $150-200 each. New roof, furnace, and boilers. There is 1 furnace, heat included in rent. Property is in great condition all units are spacious, have closets and have been updated. Hardwood floors under carpet in all units. 2 of 6 have been completed gut renovated, (Not railroad style with current income and expenses property cap rate is 5.58%. Under documents are income and expense sheet. Set your appointment today, the property will sell quick. 100% occupied. Tenants are month to month.

Interior 1

Heating Source

  • Gas

Exterior 1

Parking

  • 1-20 Parking Spaces

† Excluded Feature

Listed By

Broker: KELLER WILLIAMS CITY LIFE JC REALTY
Phone: (201) 433-1111

12 RANDOLPH AVE, Jersey City, NJ, 07305 is a Commercial Property for sale at $1,050,000. 12 RANDOLPH AVE has 7 baths. The property's zip code is 07305 which is in Jersey City, NJ

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Pricing History

Date Price Price Change Description
11/7/2018 $1,050,000 -4.55 % Price Change
11/7/2018 $1,100,000 10.00 % Price Change
10/2/2018 $1,000,000 -9.09 % Price Change
10/2/2018 $1,100,000 10.00 % Price Change
10/1/2018 $1,000,000 Listed Price

Market Pricing

Average % of sale price Median % of sale price
All listings in Jersey City $763,676 27 % below $633,500 40 % below
Commerical listings in Jersey City $1,109,203 6 % above $1,050,000 0 % below
Sold listings in Jersey City $183,500 83 % 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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