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162 Mallory Ave 2,025 SF 100% Leased Office Building Jersey City, NJ 07304 $1,324,728 CAD ($654.19 CAD/SF) 5% Cap Rate
INVESTMENT HIGHLIGHTS
- This Prime Investment Opportunity in Jersey City is a well-maintained brick commercial corner property with a lot size of 22.5X90.
- Upstairs, the 2nd flr Residential Unit boasts 3 bedrooms, 2 full baths, living and dining rooms, eat-in kitchen, plus an additional room
- 1st flr Commercial Space features a spacious area, 2 half baths, and 3 entrances—one on Mallory Ave and two emergency exits on Williams Ave
- It also includes a rare 3-CAR GARAGE, accessible from the 1st flr unit and outside for added privacy + a full basement featuring dual exits
PROPERTY FACTS
Sale Type
Investment
Property Type
Office
Property Subtype
Office/Residential
Building Size
2,025 SF
Building Class
C
Year Built
1977
Price
$1,324,728 CAD
Price Per SF
$654.19 CAD
Cap Rate
5%
NOI
$66,236 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
1,013 SF
Building FAR
0.98
Lot Size
0.05 AC
Parking
3 Spaces (1.48 Spaces per 1,000 SF Leased)
AMENITIES
- Signage
- Storage Space
Walk Score®
Very Walkable (81)
Transit Score®
Excellent Transit (71)
PROPERTY TAXES
| Parcel Number | 06-20501-0000-00093 | Improvements Assessment | $796,931 CAD |
| Land Assessment | $142,663 CAD | Total Assessment | $939,594 CAD |
PROPERTY TAXES
Parcel Number
06-20501-0000-00093
Land Assessment
$142,663 CAD
Improvements Assessment
$796,931 CAD
Total Assessment
$939,594 CAD
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162 Mallory Ave
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