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40 Beacon Ave
Jersey City, NJ 07306
Multifamily Property For Sale
·
9 Units
EXECUTIVE SUMMARY
Attention INVESTORS!! Welcome to this turnkey investment property located in the booming Heights section of Jersey City. An extremely rare chance to own this fully leased, 9 unit building (2 studios, 6 one bedrooms and 1 two bedroom) in this vibrant area. Recent renovations include modern lighting, updated intercom system and virtual doorman for security and convenience. This property conveniently includes a parking lot and an app operated washer/dryer room. With a vast potential for growth, this property is sure to be a profitable long-term
investment! Schedule your private tour today!
investment! Schedule your private tour today!
PROPERTY FACTS
| Price Per Unit | $298,326 CAD | Building Class | C |
| Sale Type | Investment | Lot Size | 0.07 AC |
| Cap Rate | 8.62% | Building Size | 4,500 SF |
| No. Units | 9 | Average Occupancy | 100% |
| Property Type | Multifamily | No. Stories | 4 |
| Property Subtype | Apartment | Year Built/Renovated | 1910/2025 |
| Apartment Style | Mid-Rise | Parking Ratio | 1/1,000 SF |
| Zoning | MF - Multi family residential location | ||
| Price Per Unit | $298,326 CAD |
| Sale Type | Investment |
| Cap Rate | 8.62% |
| No. Units | 9 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Mid-Rise |
| Building Class | C |
| Lot Size | 0.07 AC |
| Building Size | 4,500 SF |
| Average Occupancy | 100% |
| No. Stories | 4 |
| Year Built/Renovated | 1910/2025 |
| Parking Ratio | 1/1,000 SF |
| Zoning | MF - Multi family residential location |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Heating
- Security System
- Kitchen
- Stainless Steel Appliances
- Tub/Shower
- Walk-In Closets
- Intercom
SITE AMENITIES
- 24 Hour Access
- Laundry Facilities
- Security System
- Gas Range
- Storage Space
- Public Transportation
- Walk-Up
- Smoke Detector
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| Studios | 3 | - | - |
| 1+1 | 5 | - | - |
| 2+1 | 1 | - | - |
PROPERTY TAXES
| Parcel Number | 06-05903-0000-00035 | Improvements Assessment | $1,630,100 CAD |
| Land Assessment | $557,640 CAD | Total Assessment | $2,187,740 CAD |
PROPERTY TAXES
Parcel Number
06-05903-0000-00035
Land Assessment
$557,640 CAD
Improvements Assessment
$1,630,100 CAD
Total Assessment
$2,187,740 CAD
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