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Daniel FleisherC - [email protected] Marine View PlazaHoboken, NJ 07030
LibertyRealty.comDaniel FleisherC - [email protected]
36 Cambridge Ave
36 Cambridge AveJersey City, NJ 07307
6 Units, Fully Rented$1,100,000
5.7% Cap Rate
LibertyRealty.comDaniel FleisherC - [email protected]
Investment SummaryProperty Address 36 Cambridge AveLot Size 40 X 50 (2000 sq ft)Building Size 40 X 40 (4800 sq ft)Stories ThreeBasement Full, unfinishedUnits 6 ResidentialTenant Pays Heat, Hot Water, Electric, GasLandlord Pays Water/Sewer, Hallway ElectricBlock, Lot 4405, 15Neighborhood Jersey City HeightsSub-neighborhood Riverview Arts DistrictGross Rental Income $83,472.12Expenses $20,035.00Net Income $63,437.12
6 Family building for sale in Jersey City! This 40 foot wide, six unit apartment building is located in the Riverview Arts District of Jersey City Heights, just one block east of Central Ave. Bus to NYC from Central Ave or a few blocks away to Palisade Ave, close to Riverview Fisk Park as well as many of the new restaurants and bars that have opened up in recent years. All six apartments have separate heat and private outdoor space. Great investment property to keep as a rental or sell as condos.
LibertyRealty.comDaniel FleisherC - [email protected]
Income and Expenses
Apartment Rent1L $1,587.001R $424.002L $1,481.012R $1,449.003L $1,483.003R $532.00
Monthly Total $6,956.01Yearly Total $83,472.12
Taxes $12,474.00Insurance $4,692.00Water/Sewer $2,369.00Common PSE&G $500.00
Total Expenses $20,035.00
Net Income $63,437.12
