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66 Wallis Ave 12 Unit Apartment Building For Sale Jersey City, NJ 07306
Investment Highlights
- 4-story brick construction building, containing 12 residential units.
- The property is surrounded by continued development and revitalization.
- Most of the units have undergone major renovations recently.
Executive Summary
Fernwood Realty Group is proud to exclusively present 66 Wallis Ave in Jersey City NJ. 66 Wallis is a 4-story brick construction building, containing 12 residential units. The unit mix consists of 10 one-bedroom and 2 two-bedroom units. Most of the units have undergone major renovations recently, including new floors, kitchens, bathrooms, fixtures and more. Well situated in the Marion section of Jersey City, just steps from Broadway, the property is surrounded by continued development and revitalization. Some notable developments include West Side Square, The Factory at West Side Square,161 Van Wagenen, 166 Van Wagenen and 110 Tonnelle which alone total close to 1500 luxury units in the pipeline for the immediate area. Also included are thousands of sq feet of new retail space and pedestrian plazas, along with the potential for a new PATH station at West Side Ave & Broadway. The property offers excellent accessibility with proximity to the Journal Square PATH Station (1 mile), Route 1&9 (.01 miles) and the Holland Tunnel (2.6 miles), making it a prime option for commuters to Downtown Jersey City, Hoboken, and Manhattan and all other local destinations.
Property Facts
| Sale Type | Investment | Building Class | C |
| No. Units | 12 | Lot Size | 0.09 AC |
| Property Type | Multifamily | Building Size | 6,792 SF |
| Property Subtype | Apartment | No. Stories | 3 |
| Apartment Style | Low-Rise | Year Built | 1910 |
| Zoning | R-1 | ||
| Sale Type | Investment |
| No. Units | 12 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.09 AC |
| Building Size | 6,792 SF |
| No. Stories | 3 |
| Year Built | 1910 |
| Zoning | R-1 |
Amenities
Unit Amenities
- Air Conditioning
- Kitchen
- Refrigerator
- Oven
- Range
- Tub/Shower
Site Amenities
- 24 Hour Access
- Tenant Controlled HVAC
- Recycling
- Smoke Free
- Smoke Detector
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| Studios | 12 | - | - |
1 1
Walk Score®
Very Walkable (85)
Transit Score®
Excellent Transit (71)
Property Taxes
| Parcel Number | 06-10301-0000-00029 | Improvements Assessment | $684,934 CAD |
| Land Assessment | $382,035 CAD | Total Assessment | $1,066,969 CAD |
Property Taxes
Parcel Number
06-10301-0000-00029
Land Assessment
$382,035 CAD
Improvements Assessment
$684,934 CAD
Total Assessment
$1,066,969 CAD
(732) 929-6300
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Contacts
-
Solomon Halberstam -
Mordy Oratz -
Jesus Guerrero -
Issac Moseson -
Fernwood Realty Group LLC
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66 Wallis Ave
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