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132 Griffith Street

Jersey City NJ 07307

6
3
Duplex
Currently for sale - view listing

Overview

Rare opportunity featuring 2 side by side 3-family buildings comprised of a corner lot and adjacent building on a combined 40’ x 77’ lot in the heart of Jersey City Heights, one of the area’s most desirable and rapidly appreciating neighborhoods. Apartments are all 2 bed/1bath. Building also offers 2 car parking adding additional income.***No Rent Control – $140,376 -Current Gross ***$222,000- Potential Gross. Investors may choose to reposition the asset and capture upside through lease turnover and targeted CapEx. With a projected 6.38% cap rate achievable through renovation and rent growth, the property offers both immediate income and long-term appreciation, all in a thriving location just minutes from Hoboken, Downtown Jersey City, Weehawken, and New York City. Contact for detailed income and expenses AND pricing on the complete three-building package.

Features

6 bedrooms
3 bathrooms
Duplex

Happy sellers in Jersey City

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We have insufficient information to provide an overview of customer satisfaction for Jersey City. Viewing the agent profiles, reviews and sales for Jersey City can provide insights for this location.

Local market activity for 6 bedroom duplexes in Jersey City

In the last 12 months, 22 six-bedroom duplexes similar to 132 Griffith Street, have been sold.

This represents a 5% increase in six-bedroom duplexes sales when compared to the previous 12 months.

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Sales:
(619) 566-0008
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