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542 Newark Ave
Jersey City, NJ 07306
Journal Square - Mixed Use · Retail Property For Sale
Investment Highlights
- Property Consists Of 5 Units: 4 Residential Apartments And 1 Commercial Unit
- All Separate Utilities Responsibility Of Tenants
- No Rent Control
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
5,500 SF
Building Class
C
Year Built
1982
Price
$3,164,200 CAD
Price Per SF
$575.31 CAD
Cap Rate
6.15%
NOI
$194,670 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
3 Stories
Building FAR
2.10
Lot Size
0.06 AC
Zoning
C-2
Frontage
24’ on Newark Ave
Property Taxes
| Parcel Number | 06-08206-0000-00026 | Improvements Assessment | $1,772,634 CAD |
| Land Assessment | $250,609 CAD | Total Assessment | $2,023,243 CAD |
Property Taxes
Parcel Number
06-08206-0000-00026
Land Assessment
$250,609 CAD
Improvements Assessment
$1,772,634 CAD
Total Assessment
$2,023,243 CAD
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