264 M.l.k. Dr Jersey City, NJ 07305
Three-unit building, strong NOI, high growth area.
Overview
- Added:
- Feb 13
- Days on market:
- 72
Highlights
- $825,000 asking price for a mixed-use property with a 6.86% cap rate and $56,615 NOI.
- Three-story building containing one ground-floor commercial unit and two 3-bedroom/1-bathroom residential units.
- Located in Jersey City's Greenville neighborhood, a high-density, urban infill area with strong demographics and significant population growth.
- Convenient access to major retail corridors, public transportation (including Hudson-Bergen Light Rail and PATH), and educational institutions.
- Each unit has separate utilities (tenant pays electricity and gas; landlord pays water and sewer).
Property Details for 264 M.l.k. Dr
- Property type
- Retail properties, Mixed-use properties
- Buildings
- 1
- Stories
- 3
- Lot Size (sq. ft)
- 2,178 SF
- Units
- 3
Location Insight
- City
- Jersey City
- County
- Hudson
- State
- New Jersey
- Latitude
- 40.7080275
- Longitude
- -74.0820234
Nearby Similar for Sale
FAQs
- What type of property is this?
- Retail property - Three-unit building, strong NOI, high growth area.
- Where is the retail property located?
- The property is located at 264 M.l.k. Dr Jersey City, NJ.
- What is the asking price?
- The asking price for this property is $825,000.
- What are key features of this property?
- This property features: $825,000 asking price for a mixed-use property with a 6.86% cap rate and $56,615 NOI.; Three-story building containing one ground-floor commercial unit and two 3-bedroom/1-bathroom residential units.; Located in Jersey City's Greenville neighborhood, a high-density, urban infill area with strong demographics and significant population growth.
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