753 West Side Ave, Jersey City, NJ

  • $2,000,000
753 West Side Ave, Jersey City, NJ, USA
Commercial Sale Residential Sale Active NEW
753 West Side Ave, Jersey City, NJ
753 West Side Ave, Jersey City, NJ, USA
  • $2,000,000

Description

$2M

_ 3-Story Mixed-Use Building
_ 5 Units (4 Residential + 1 Commercial)
_ Total Size: 6,822 Sq Ft (2,274 Sq Ft x 3 Floors)
_ 1st Floor(Retail): Laundromat w/52 Machines
_ 2nd+3rd Floor(Residential): 4 Units (2 BD / 1 Bath)
_ Tax: $23,078 (2024)
_ Insurance: $10,500, Water: $2,500, PSEG: $3,000, Maintenance: $2,000
_ Property Income (Building): NOI $80,721
_ Retail Income (Laundromat): Gross Sales $360K, NOI $126K
_ Total Net Income: $207K
_ CAP: 9%
_ No Rent Control (Low Rent, High Upside Potential)

Details

Updated on February 4, 2025 at 12:54 pm
  • Price: $2,000,000
  • Property Size: 6,822 Sq Ft
  • Property Type: Apartment, Mixed, Retail
  • Property Status: Commercial Sale, Residential Sale
  • MLS#: None
  • Tax: $23,078 (2024)
  • Net Income: $207K
  • Address 753 West Side Ave, Jersey City
  • City Jersey City
  • Zip/Postal Code 07306

Schedule a Tour

Tour Type

Similar Listings

Compare listings

Compare
Andrew Suh
  • Andrew Suh