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37 Harmon St 4 Unit Apartment Building $1,674,240 CAD ($418,560 CAD/Unit) 7.40% Cap Rate Jersey City, NJ 07304



EXECUTIVE SUMMARY
Capture this amazing opportunity to own a 4 family income producing investment property in the desirable Bergen-Lafayette neighborhood of Jersey City, NJ. Be the owner occupant and collect $6900 in consistent rents while living in the 4th floor unit that by the way has a private roof top deck with unobstructed NYC city views. Or be the ultimate investor and rent out all 4 units and grab $9200 in monthly rents. Newly constructed approximately 9 years ago, this Beautiful 4-story brick building is located in Jersey City's most desirable neighborhood, just minutes from the Light rail, downtown Jersey City, parks, and so much more! Separately metered utilities for heat, gas, and electric require minimal owner responsibility. All four units feature 2 bedrooms with an open floor plan, 1 full bath, living/dining room, kitchen, laundry room, central air, tankless hot water heater, stainless steel appliances, and hardwood oak floors throughout. While the 1st floor unit boasts a private yard, the upper floor units include expansive 8 x 12 backyard decks. Not only does rare opportunity have a current DCA card, it's available for purchase now. Book your viewing today.
PROPERTY FACTS
| Price | $1,674,240 CAD | Apartment Style | Mid-Rise |
| Price Per Unit | $418,560 CAD | Building Class | C |
| Sale Type | Investment | Lot Size | 0.04 AC |
| Cap Rate | 7.40% | Building Size | 3,579 SF |
| No. Units | 4 | Average Occupancy | 100% |
| Property Type | Multifamily | No. Stories | 4 |
| Property Subtype | Apartment | Year Built/Renovated | 1895/2016 |
| Price | $1,674,240 CAD |
| Price Per Unit | $418,560 CAD |
| Sale Type | Investment |
| Cap Rate | 7.40% |
| No. Units | 4 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Mid-Rise |
| Building Class | C |
| Lot Size | 0.04 AC |
| Building Size | 3,579 SF |
| Average Occupancy | 100% |
| No. Stories | 4 |
| Year Built/Renovated | 1895/2016 |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Cable Ready
- Washer/Dryer
- Heating
- Hardwood Floors
- High Speed Internet Access
- Refrigerator
- Sprinkler System
- Stainless Steel Appliances
- Range
- Deck
SITE AMENITIES
- 24 Hour Access
- Bicycle Storage
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 2+1 | 4 | - | 876 |
1 1
Walk Score®
Very Walkable (88)
Transit Score®
Excellent Transit (73)
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37 Harmon St
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