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203 Garfield Ave, Jersey City, NJ, 07305

203 Garfield Avenue
$1,354,000

Key Information

Cap Rate
7.35%
Units
6
Type
Apartments
NOI
$99,513
Leasable Area
4,500

Highlights

Fully Gut Renovated Opportunity

  • 6 Units
  • 7.35% Cap Rate
  • Fully Gut Renovated
  • All new electric, plumbing, roof, boilers & hot water heater

Building Highlights

  • 3 Parking Spots (that can charge for in the future)
  • New Boilers & Water Heaters within the Last Five Years
  • Laundry in Basement
  • Security Cameras throughout Building
  • All Separately Metered
  • Tenant pays for heat, hot water, cooking gas & electric
  • Landlord pays for common area electric, sewer & water
  • Less than 40 minutes to New York City

Convenient Transportation

  • The building is approximately a 4-minute walk to Ocean Ave at Winfield Ave bus stop which provides a total 35 minute trip to Manhattan via the PATH Train.

Photos

Location

Agents

Broker of Record

Patrick Forde

License # 2330333 (NJ)
Matthews Real Estate Investment Services, Inc
52 Park Avenue, Suite B5, Park Ridge NJ 07656