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186-188 Kensington ave
Jersey City, NJ 07306
Kensington Edge · Multifamily Property For Sale
·
12 Units
Investment Highlights
- $300+/month Rent Upside
- Exceptional Unit Mix 4 One-Bed / 8 Two-Bed
- ~35 Min to NYC via Bus/Train (One World Trade)
- 2022 Year Built
- 2 Min Walk to Nearby Bus Stop to NYC
Executive Summary
186-188 Kensington Ave is a newly constructed, five-story mid-rise residential building in Jersey City’s Journal Square neighborhood. Completed in 2022, the property features 12 contemporary units, including 4 one-bedroom and 8 two-bedroom apartments, with modern finishes such as Samsung appliances, quartz countertops, hardwood flooring, and European-style cabinetry, and in-unit laundry in select units. The building also offers garage parking, central air conditioning, tankless hot water systems, and secured key fob access, providing a comfortable and convenient living experience.
Conveniently located, the property is just a 2-minute walk to a nearby bus stop and offers an approximately 35-minute commute to New York City via train. Residents enjoy proximity to Lincoln Park, neighborhood cafés and restaurants, and popular shopping destinations including Hudson Mall and Hudson Commons. Major employers nearby include Saint Peter’s University, Jersey City Medical Center, Christ Hospital, and Kuehne + Nagel. With strong connectivity, access to retail and amenities, and $300+ per month in rent upside, this property presents a compelling investment opportunity in a thriving urban market.
For additional information, please visit: https://kensington.hudsonatlantic.com
Conveniently located, the property is just a 2-minute walk to a nearby bus stop and offers an approximately 35-minute commute to New York City via train. Residents enjoy proximity to Lincoln Park, neighborhood cafés and restaurants, and popular shopping destinations including Hudson Mall and Hudson Commons. Major employers nearby include Saint Peter’s University, Jersey City Medical Center, Christ Hospital, and Kuehne + Nagel. With strong connectivity, access to retail and amenities, and $300+ per month in rent upside, this property presents a compelling investment opportunity in a thriving urban market.
For additional information, please visit: https://kensington.hudsonatlantic.com
Property Facts
| Price Per Unit | $491,920 CAD | Apartment Style | Mid-Rise |
| Sale Type | Investment | Building Size | 4,800 SF |
| No. Units | 12 | No. Stories | 5 |
| Property Type | Multifamily | Year Built | 2022 |
| Price Per Unit | $491,920 CAD |
| Sale Type | Investment |
| No. Units | 12 |
| Property Type | Multifamily |
| Apartment Style | Mid-Rise |
| Building Size | 4,800 SF |
| No. Stories | 5 |
| Year Built | 2022 |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 4 | - | 531 |
| 2+2 | 8 | - | 952 |
Property Taxes
| Parcel Number | 06-16202-0000-00021 | Improvements Assessment | $3,104,607 CAD |
| Land Assessment | $1,153,925 CAD | Total Assessment | $4,258,532 CAD |
Property Taxes
Parcel Number
06-16202-0000-00021
Land Assessment
$1,153,925 CAD
Improvements Assessment
$3,104,607 CAD
Total Assessment
$4,258,532 CAD
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