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3176 John F. Kennedy Blvd 8 Unit Apartment Building $3,395,000 CAD ($424,375 CAD/Unit) Jersey City, NJ 07306



Investment Highlights
- Impeccably maintained, income-producing 8-unit investment property in desirable JC Heights, corner of Kennedy Blvd & Spruce St.
- Each unit is equipped with its own dedicated water heater, along with updated electric and plumbing systems.
- Premier opportunity to acquire a substantial multi-family property w/ trong income potential, enduring long-term value.
- Each residence offers bright, open-concept living and dining areas
- Access to local shopping, dining, Pershing Field Park, and a variety of public transportation options, making it highly attractive to tenant.
- Perfectly suited for condominium conversion.
Executive Summary
Welcome to 3176 Kennedy Boulevard, an impeccably maintained, income-producing 8-unit investment property in the highly desirable Jersey City Heights neighborhood. This exceptional asset offers a functional, multi-level design that caters to both seasoned investors and those entering the market. The property is thoughtfully configured into eight distinct residences to maximize occupancy and returns, featuring 7 spacious three-bedroom units and 1 well-proportioned one-bedroom unit. Each residence offers bright, open-concept living and dining areas enhanced by tall windows that flood the interiors with natural light. Kitchens are efficiently designed with ample cabinetry and a full suite of reliable appliances, while the bedrooms provide comfort and generous closet space. Each unit is equipped with its own dedicated water heater, along with updated electric and plumbing systems, ensuring convenience and long-term reliability. Ideally located at the corner of Kennedy Boulevard and Spruce Street, the property offers immediate access to local shopping, dining, Pershing Field Park, and a variety of public transportation options, making it highly attractive to tenants. 3176 Kennedy Boulevard represents a premier opportunity to acquire a substantial multi-family property with strong income potential, enduring long-term value, and is also perfectly suited for condominium conversion.
Financial Summary (Actual - 2025) Click Here to Access |
Annual (CAD) | Annual Per SF (CAD) |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
$99,999
|
$9.99
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
Financial Summary (Actual - 2025) Click Here to Access
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Operating Expenses (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Total Expenses (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
| Price | $3,395,000 CAD | Building Class | C |
| Price Per Unit | $424,375 CAD | Lot Size | 0.06 AC |
| Sale Type | Investment | Building Size | 6,750 SF |
| No. Units | 8 | Average Occupancy | 100% |
| Property Type | Multifamily | No. Stories | 3 |
| Property Subtype | Apartment | Year Built | 1920 |
| Apartment Style | Low-Rise | ||
| Zoning | R-1, Jersey City | ||
| Price | $3,395,000 CAD |
| Price Per Unit | $424,375 CAD |
| Sale Type | Investment |
| No. Units | 8 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.06 AC |
| Building Size | 6,750 SF |
| Average Occupancy | 100% |
| No. Stories | 3 |
| Year Built | 1920 |
| Zoning | R-1, Jersey City |
Amenities
Unit Amenities
- Air Conditioning
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 1 | - | - |
| 3+1 | 7 | - | - |
1 1
Exceptionally walkable
90/100
Moderately drivable
60/100
Strong public transit
80/100
Fairly bikeable
50/100
Property Taxes
| Parcel Number | 06-05402-0000-00020 | Total Assessment | $1,986,501 CAD |
| Land Assessment | $489,420 CAD | Annual Taxes | -$1 CAD ($0.00 CAD/SF) |
| Improvements Assessment | $1,497,081 CAD | Tax Year | 2025 |
Property Taxes
Parcel Number
06-05402-0000-00020
Land Assessment
$489,420 CAD
Improvements Assessment
$1,497,081 CAD
Total Assessment
$1,986,501 CAD
Annual Taxes
-$1 CAD ($0.00 CAD/SF)
Tax Year
2025
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Serhant New Jersey LLC
3176 John F. Kennedy Blvd
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