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282 Baldwin Ave 6 Unit Apartment Building $2,928,219 CAD ($488,036 CAD/Unit) 5.99% Cap Rate Jersey City, NJ 07306
Executive Summary
Renovated six family in the heart of Jersey City’s thriving JSQ neighborhood, is presenting a solid investment opportunity of strong in-place income, with additional potential of a condominium conversion. This brick three story walk-up features 6 spacious 2 bedroom 2 bath apartments with in-unit washer & dryer. Ideally positioned just minutes from the Journal Square Transportation Center, providing direct access to Manhattan, Hoboken, and Downtown Jersey City, along with nearby shopping, dining, and everyday conveniences. A rare opportunity for investors seeking a turnkey asset with multiple exit strategies at a prime location.
Property Facts
| Price | $2,928,219 CAD | Apartment Style | Low-Rise |
| Price Per Unit | $488,036 CAD | Building Class | C |
| Sale Type | Investment | Lot Size | 5.79 AC |
| Cap Rate | 5.99% | Building Size | 4,000 SF |
| No. Units | 6 | Average Occupancy | 100% |
| Property Type | Multifamily | No. Stories | 3 |
| Property Subtype | Apartment | Year Built | 1900 |
| Zoning | R-3 | ||
| Price | $2,928,219 CAD |
| Price Per Unit | $488,036 CAD |
| Sale Type | Investment |
| Cap Rate | 5.99% |
| No. Units | 6 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 5.79 AC |
| Building Size | 4,000 SF |
| Average Occupancy | 100% |
| No. Stories | 3 |
| Year Built | 1900 |
| Zoning | R-3 |
Exceptionally walkable
100/100
Fairly drivable
50/100
Exceptional public transit
90/100
Moderately bikeable
60/100
Property Taxes
| Parcel Number | 06-09601-0000-00043 | Improvements Assessment | $1,877,128 CAD |
| Land Assessment | $460,149 CAD | Total Assessment | $2,337,276 CAD |
Property Taxes
Parcel Number
06-09601-0000-00043
Land Assessment
$460,149 CAD
Improvements Assessment
$1,877,128 CAD
Total Assessment
$2,337,276 CAD
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282 Baldwin Ave
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