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40 Beacon Ave
Jersey City, NJ 07306
Multifamily Property For Sale · 9 Units

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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!

PROPERTY FACTS

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

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
  • Listing ID: 37253359

  • Date on Market: 2025-08-13

  • Last Updated:

  • Address: 40 Beacon Ave, Jersey City, NJ 07306

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