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296-302 Paterson Plank Road Portfolio 4 Multifamily Properties Offered at $8,273,578 CAD in Jersey City, NJ
INVESTMENT HIGHLIGHTS
- Located on the most exclusive block in The Heights
- Properties are positioned right in between both Lincoln Tunnel & Holland Tunnel along with the 9th Street Light Rail train station right across the st
EXECUTIVE SUMMARY
Welcome to this once in a lifetime investment opportunity!!! This phenomenal Real Estate portfolio is located on the most exclusive block in The Heights! Perched on top of the cliffs overlooking all of Hoboken and New York City, sit these impeccable properties . It's positioned right in between both Lincoln Tunnel & Holland Tunnel along with the 9th Street Light Rail train station right across the street. The possibilities are endless for what can be done with this Gem. It can be held to generate residual income or possibly knocked down to create ultra luxurious rentals, townhomes, or condos on this massive lot. The majority of the units are being rented substantially below market as well so there's room for amazing growth! This is a fantastic location in the Riverview Arts District of The Heights. The vibrant Washington St Park is also located half a block away as well. These properties epitomize what Real Estate is all about: Location, Location, Location! This will not last, schedule a private tour today!
TAXES & OPERATING EXPENSES (ACTUAL - 2022) Click Here to Access |
ANNUAL (CAD) |
|---|---|
| Gross Rental Income |
-
|
| Other Income |
-
|
| Vacancy Loss |
-
|
| Effective Gross Income |
-
|
| Net Operating Income |
$99,999
|
TAXES & OPERATING EXPENSES (ACTUAL - 2022) Click Here to Access
| Gross Rental Income (CAD) | |
|---|---|
| Annual | - |
| Other Income (CAD) | |
|---|---|
| Annual | - |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | - |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | - |
| Net Operating Income (CAD) | |
|---|---|
| Annual | $99,999 |
PROPERTY FACTS
| Price | $8,273,578 CAD | Status | Active |
| Price / SF | $718.88 CAD / SF | Number of Properties | 4 |
| Sale Condition | Bulk/Portfolio Sale | Individually For Sale | 0 |
| Cap Rate | 4.54% | Total Building Size | 11,509 SF |
| Sale Type | Investment | Total Land Area | 0.32 AC |
| Price | $8,273,578 CAD |
| Price / SF | $718.88 CAD / SF |
| Sale Condition | Bulk/Portfolio Sale |
| Cap Rate | 4.54% |
| Sale Type | Investment |
| Status | Active |
| Number of Properties | 4 |
| Individually For Sale | 0 |
| Total Building Size | 11,509 SF |
| Total Land Area | 0.32 AC |
PROPERTIES
| PROPERTY NAME / ADDRESS | PROPERTY TYPE | SIZE | YEAR BUILT | INDIVIDUAL PRICE |
|---|---|---|---|---|
| 296 Paterson Plank Rd, Jersey City, NJ 07307 | Multifamily | 3,283 SF | 1895 | - |
| 300 Paterson Plank Rd, Jersey City, NJ 07307 | Multifamily | 2,830 SF | 1880 | - |
| 298 Paterson Plank Rd, Jersey City, NJ 07307 | Multifamily | 2,758 SF | 1880 | - |
| 302 Paterson Plank Rd, Jersey City, NJ 07307 | Multifamily | 2,638 SF | 1880 | - |
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Access Homes Realty
296-302 Paterson Plank Road Portfolio
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