Cap Rate
6.27%
$ per SF
$278
113-115 Wales Ave, Jersey City, NJ, 07306
113-115 Wales Ave$2,228,000
Key Information
Tot. SF
8,000
Units
6
Year Built
2015
Type
Apartments
NOI
$139,771
Highlights
- New Construction Opportunity
- 6 Units
- 2 Buildings
- 100% Free Market
- 6.27% Cap Rate
- New Construction (2015)
- Building Highlights
- 4 Garage Parking Spaces + 2 Dedicated Parking Spaces
- Large apartments averaging ±1,333 SF
- Strong unit mix of 2- and 3-bedroom apartments
- In-Unit Washer/Dryer, Stainless Steel Appliances, Granite Countertops, & Oversized Closets
- Central HVAC
- Tenant pays for heat, hot water, cooking gas, & electric
- Landlord is responsible for water & sewer
- Prime Location in Journal Square, Jersey City
- Convenient Transportation
- The building is approximately a 17-minute walk to the Journal Square Station which provides a 12-minute ride directly to Midtown Manhattan via the PATH.
Photos
Location
Agents
D
David Ferber, CPALicense # 01469842 (NJ)
K
Kendra AntoineLicense # 2440903 (NJ)
Broker of Record
Patrick Forde
License # 2330333, 122887 (NJ)Matthews Real Estate Investment Services, Inc 300 Frank W Burr Blvd, Suite 440 Teaneck, NJ 07666