137 MONTICELLO AVE Jersey City, NJ $ 1,375,000
137 MONTICELLO AVE
$ 1,375,000
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137 MONTICELLO AVE

Jersey City, NJ, 07304
$ 1,375,000
Bedrooms-- Baths0.0

Monthly Estimate*

$ 5,790

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Commercial Property for sale in Jersey City, NJ

for $1,375,000.

GRID Real Estate, LLC, ('GRID'), has been exclusively engaged by Stolar Capitral 3., (the 'Owner'), to sell 137 Monticello Avenue, Jersey City, NJ 07304 the 'Property'. The building is approximately ~7, 579 square feet on two (2) floors over one (1) retail space. The property sits detached on a ~2, 500 square foot lot. The retail space has exclusive access to a ~2, 230 square foot basement. The second and third floors have a total GLA of ~3, 155 square feet. The asset sits in the heart of Jersey City's McGinely Square on Monticello Avenue. The Lichtenthal's Building has been historically repositioned back to its original charm, boasting a 2, 000SF retail which has a 10 year lease ready to execute to regional day care as well as a four brand new residential two bedroom apartments upstairs. The only thing original on this building is the exterior and facade. All structural components were replaced, while adding new sprinkler system, fire and security, windows, floors et al. Since completion in 2016 the building has had 100% occupancy and most recently a local child day care has a a 10 year lease ready to execute with new ownership.

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Commercial Active

Price

$ 1,375,000

Property Type

Commercial

Town/City

Jersey City

County/Region

Hudson

MLS | Web ID

202023410

List By
Grid Real Estate Llc

Broker

(201) 254-8734

Phone

Affordability Calculator

$5,790
Per Month
100%
0%
0%
Monthly Principal & Interest
$5,790
Monthly Property Taxes
--
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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137 MONTICELLO AVE, Jersey City, NJ, 07304 is a Commercial Property for sale at $1,375,000. 137 MONTICELLO AVE has 0.0 baths. The property's zip code is 07304 which is in Jersey City, NJ