Journal Square 5 Apts/1 Retail — Sale in Jersey City, NJ

  • Price: Contact for price
  • Listing type: For sale
  • Asset type: Business
  • Location: Jersey City, NJ 07306

Photos

Journal Square 5 Apts/1 Retail — Sale in Jersey City, NJ, photo 1 of 2
Journal Square 5 Apts/1 Retail — Sale in Jersey City, NJ, photo 2 of 2

Investment Figures

Cap rate
6.25%

Derived from the asking price and operating figures published for this listing. Informational only — not an appraisal, valuation or financial advice. Verify independently before relying on any figure.

Description

Marcus & Millichap is pleased to exclusively present 541 Newark Avenue, Jersey City, Hudson County, New Jersey. Investment Highlights: • 6 Unit Asset -5 Residential Apartments and 1 Commercial Unit • Minimal Landlord Responsibility -All Separate Utilities • Located In Journal Square -One Block Away From City Hall

Market Context

This mixed use in Jersey City, NJ is listed for sale. It is offered at an approximate 6.2% capitalization rate, a key benchmark for income-producing mixed use assets. Compare it against other mixed use listings for sale in Jersey City, NJ — view the full market.

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