134 COTTAGE ST Jersey City, NJ $ 3,250,000
134 COTTAGE ST
$ 3,250,000
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134 COTTAGE ST

Jersey City, NJ, 07306
$ 3,250,000
Bedrooms-- Baths12.0

Monthly Estimate*

$ 13,685

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Commercial Property for sale in Jersey City, NJ

for $3,250,000 with 12 full baths. The lot size is 25 X 100.

Incredible investment in JSQ redevelopment and opportunity zone! This ground-up newly constructed in 2017, 8 unit building consists of 3 one bed & one bath, 1 two bed & one bath, and 4 two bed & two bath units. 6 of the 8 units have outdoor space. All units feature washer dryer closets and on-demand hot water heaters, nd are equipped with wall units that provide heat and A/C on demand. All utilities are separate, and rent control does not apply. Gross income $195, 600, 2020 expenses were ~ $ 26, 800. 4.6% Cap rate. Conveniently located near the Journal Square Path station connecting you directly to Manhattan. Journal Square is the center of Hudson County's revitalization and provides great opportunity for long term demand increase. A great alternative for a 1031 exchange client. Tax abatement ends June 30th. 2022.

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Commercial Active

Price

$ 3,250,000

Full Bath

12

Property Type

Commercial

Taxes

$ 10,172

Lot Size

25 X 100

Town/City

Jersey City

County/Region

Hudson

MLS | Web ID

210010676

List By
Nader Rezai

Listing Agent

Weichert Realtors

Broker

Jersey City Downtown

Office

(201) 551-1211

Phone

Affordability Calculator

$14,532
Per Month
94%
6%
0%
Monthly Principal & Interest
$13,685
Monthly Property Taxes
$848
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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134 COTTAGE ST, Jersey City, NJ, 07306 is a Commercial Property for sale at $3,250,000 with a lot size of 25 X 100. 134 COTTAGE ST has 12.0 baths. The property's zip code is 07306 which is in Jersey City, NJ