Cap Rate
6.01%
Tot. SF
6,000
473 Monmouth Street, Jersey City, NJ, 07302
Value-Add Opportunity
• 8 Units
• 58% Upside
• 6.01% Cap Rate
• Less than 30-minutess to Manhattan
Building Highlights
• All 2 Bedroom Units
• Brick Building
• Boilers & hot water heaters recently replaced
• Separately Metered
• Tenants pay for heat, hot water, & electric
• Landlord pays for common area electric and water/ sewer
• Prime location in Downtown Jersey City
Convenient Transportation
• The building is approximately a 5-minute walk to the Newark Ave at Monmouth St bus stop which provides a 14-minute trip to Manhattan via the PATH Train.
