541 Newark Ave, Jersey City NJ, 07306

Active

541 Newark Ave

Jersey City NJ, 07306

$1,999,000

$281.55 per sqft

Active

7,100 sqft

Commercial

Built in 1950

Mixed-Use Property in Journal Square, Jersey City! Unlock a lucrative opportunity in this beautifully renovated property featuring: - Prime Location:High foot traffic & great access to public transport! - Mixed-Use: Commercial space + 4 apartments + single family - Financial Benefits:Below market rents with no rent control and a potential cap rate of 6.2%! - Modern Upgrades:High-end finishes & energy-efficient appliances!

3921531

MLSⓇ ID

September 1, 2024

Listed

October 1, 2024

Updated

Map

541 Newark Ave
Jersey City NJ, 07306

Interior Features

Total Stories: 3
Interior Features: Vinyl
Floor Description: Vinyl
Fireplace: No
Cooling: No
Heating: Yes
Heating Description: Natural Gas

Exterior/Building Features

Lot Size: 0.06 Acres
Lot Features: Irregular Lot
Sewer: Public Sewer

Other Property Details

Taxes: $15,167
Tax Frequency: Annually
Garage: No
View: No
County: Hudson
Water Source: Public
Pool: No
Zoning: C2

Courtesy of PROMINENT PROPERTIES SIR with AMANDA DE ARAGAO PEREIRA,
Listing Contact: 2013337717

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