Jersey City, NJ 07305,200 Lembeck Ave
Jersey City, NJ 07305,200 Lembeck Ave
Jersey City, NJ 07305,200 Lembeck Ave
Jersey City, NJ 07305,200 Lembeck Ave
Jersey City, NJ 07305,200 Lembeck Ave
Jersey City, NJ 07305,200 Lembeck Ave
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$ 1,399,999
Est. payment | /mo

4,284 SqFt


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$ 1,399,999
Est. payment | /mo
Save

4,284 SqFt

Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 4,284 sqft

Price per Sqft $326

MLS Listing ID 3935664

Year Built 1926

Annual Tax Amount $14,762

Tax Year 2023

Lot Size 3,049 Sqft

Property Description

Investor's dream! This rare fully occupied 7-unit multifamily property in the heart of Jersey City is a turnkey investment generating strong, steady cash flow. Ideally located in a high-demand rental area, this well-maintained building offers easy access to public transportation and major highways. Just minutes from NYC, this property appeals to a broad tenant base of commuters and locals alike.Property Highlights:- Units: 7 total units, with a mix of spacious 1- and 2-bedroom apartments- Occupancy: 100% occupancy with stable, long-term tenants on all month-to-month leases.-Rental Income: Consistent cash flow with room for potential rent increases- Location: Prime Jersey City location, close to PATH trains, less than 1 mile to Danforth light rail, and bus lines- Condition: Well-maintained with some updates.- Amenities: Potential to add On-site laundry.

Location

State NJ

County Hudson

Zoning R-1

Rooms

Basement Finished, Storage, Walkout

Interior

Heating Gas-Natural

Cooling Wall A/C Unit(s), Window A/C(s)

Equipment See Remarks

Heat Source Gas-Natural

Exterior

Exterior Feature Wood

Utilities Available Gas-Natural

Roof Type Asphalt Shingle

Building

Story 3

Sewer Public Sewer

Water Public Water

Others

Ownership Fee Simple

Garden State MLS(GSMLS)
Listed by REALTY ONE GROUP PARAMOUNT
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237 Lorraine Ave, Montclair, NJ, 07043, USA

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200 Lembeck Ave