Log In/Sign Up
Your email has been sent.
150 Monticello Ave 5 Unit Apartment Building $1,637,390 CAD ($327,478 CAD/Unit) 4.84% Cap Rate Jersey City, NJ 07304
Executive Summary
Acquire a mint-condition 5-unit mixed-use property located on highly trafficked Monticello Avenue, just minutes from Journal Square, offering tremendous upside in rental income. The property features two income-producing commercial spaces and three residential apartments, separate utilities, no rent control, and has been fully renovated within the past 10 years. Well-maintained and centrally located, it provides convenient access to shopping, dining, schools, and public transportation to New York City, making it a prime, turn-key investment opportunity with strong long-term growth potential.
Property Facts
| Price | $1,637,390 CAD | Apartment Style | Mid-Rise |
| Price Per Unit | $327,478 CAD | Building Class | C |
| Sale Type | Investment | Lot Size | 0.05 AC |
| Cap Rate | 4.84% | Building Size | 3,946 SF |
| No. Units | 5 | No. Stories | 3 |
| Property Type | Multifamily | Year Built | 1885 |
| Property Subtype | Apartment | Opportunity Zone |
Yes
|
| Price | $1,637,390 CAD |
| Price Per Unit | $327,478 CAD |
| Sale Type | Investment |
| Cap Rate | 4.84% |
| No. Units | 5 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Mid-Rise |
| Building Class | C |
| Lot Size | 0.05 AC |
| Building Size | 3,946 SF |
| No. Stories | 3 |
| Year Built | 1885 |
| Opportunity Zone |
Yes |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 4 | - | - |
1 1
Walk Score®
Walker's Paradise (95)
Transit Score®
Excellent Transit (72)
Property Taxes
| Parcel Number | 06-16903-0000-00002 | Improvements Assessment | $703,576 CAD |
| Land Assessment | $104,481 CAD | Total Assessment | $808,057 CAD |
Property Taxes
Parcel Number
06-16903-0000-00002
Land Assessment
$104,481 CAD
Improvements Assessment
$703,576 CAD
Total Assessment
$808,057 CAD
1 of 17
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
1 of 1
Presented by
150 Monticello Ave
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.
Your message has been sent!
Activate your LoopNet account now to track properties, get real-time alerts, save time on future inquiries, and more.