Property
Jersey City, NJ 07304 541 Newark Ave
$1,999,000
25 more
Presented By: PROMINENT PROPERTIES SOTHEBY'S INTERNATIONAL REALTY - 201-333-7717
Beds • 6
Baths • 6
Home Details
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 + 3 apartments + bonus unit! - 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! Unit 2L - 2 bed/2bath Unit 2R- 2bed/2 bath Unit 3R - 2bed/ 2 bath Unit 3L- 2 bed / 2bath Unit 5- ( single family) 3 bed 1 bath Commercial - bike store Don’t miss out on this thriving investment!
Presented By: PROMINENT PROPERTIES SOTHEBY'S INTERNATIONAL REALTY - 201-333-7717
Interior Features for 541 Newark Ave
Bedrooms
Floor 2 Bedrooms4
Floor 3 Bedrooms2
Bathrooms
Floor 2 Full Baths4
Floor 3 Full Baths2
Half Baths
Total Full Baths6
Kitchen
Floor 2 Kitchens2
Floor 3 Kitchens2
Total Kitchens4
Other Interior Features
Floor 1 Rent1750
Floor 2 Rent4500
Floor 3 Rent4700
BasementNone
Heating/CoolingA/C Central, Baseboard
Other Rooms
Fl1 Rooms0
Fl2 Rooms10
Fl3 Rooms6
Fl4 Rooms0
Floor 2 Dining Room2
Floor 2 Living Rooms2
Floor 3 Living Rooms2
Total Dining Rooms2
Total Living Rooms4
Total Other Rooms
General for 541 Newark Ave
Associated Document Count1
Bathrooms6
Block09601
CityJC, Journal Square
Class3-4 FAMILY
CountyHudson
DOM21
Insurance Expense8800
Other Expense3865
Sale/RentFor Sale
SectionJournal Square
StatusACTIVE
Status Detail0
Tax Year2022
Taxes$15,156
Type4 Family
Utility Expense2547
Water Sewer Expense4236
Exterior for 541 Newark Ave
Building StyleMulti-Level
Exterior FinishOther-See Remarks
Inclusionswasher and dryer room.
Lot0111
Parking availableNone
Additional Details
Price History
Derrick Sims
Associate