Journal Square Mixed-Use - New Construction — Sale in Jersey City, NJ
- Price: Contact for price
- Listing type: For sale
- Asset type: Business
- Location: Jersey City, NJ 07306
Investment Figures
- Cap rate
- 6.18%
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 396 Summit Ave, Jersey City, Hudson County, New Jersey. Investment Highlights: • Property Consists of Five Units: Four Residential Apartments and One Commercial Unit • No Rent Control • All Separate Utilities Responsibility of Tenants
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. It has been on the market for 100 days. Compare it against other mixed use listings for sale in Jersey City, NJ — view the full market.
Contact
- Alan Cafiero · (201) 742-6118 · alan.cafiero@marcusmillichap.com
- Devin Perez · (201) 742-6154 · devin.perez@marcusmillichap.com
- Dean Matuszewicz · (201) 742-6144 · dean.matuszewicz@marcusmillichap.com
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