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135-137 Griffith St 2,500 SF 100% Leased Retail Building Jersey City, NJ 07307 $2,259,458 CAD ($903.78 CAD/SF) 6.59% Cap Rate
Executive Summary
Own a rare 7-unit multi-family in the heart of Jersey City Heights, close to transportation to NYC and the shops and dining on Central Avenue. The property features a mix of 1- and 2-bedroom apartments with strong rental income and upside potential through updated rents or repositioning. It has been fully renovated in past years and offers separate utilities.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
2,500 SF
Building Class
C
Year Built
1907
Price
$2,259,458 CAD
Price Per SF
$903.78 CAD
Cap Rate
6.59%
NOI
$148,898 CAD
Percent Leased
100%
Building Height
3 Stories
Building FAR
1.00
Lot Size
0.06 AC
Frontage
31’ on Griffith St
Walk Score®
Walker's Paradise (98)
Transit Score®
Excellent Transit (71)
Bike Score®
Very Bikeable (75)
Nearby Major Retailers
Property Taxes
| Parcel Number | 06-03801-0000-00004 | Improvements Assessment | $728,422 CAD |
| Land Assessment | $485,615 CAD | Total Assessment | $1,214,037 CAD |
Property Taxes
Parcel Number
06-03801-0000-00004
Land Assessment
$485,615 CAD
Improvements Assessment
$728,422 CAD
Total Assessment
$1,214,037 CAD
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135-137 Griffith St
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