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80 Paterson St 6 Unit Apartment Building $1,832,992 CAD ($305,499 CAD/Unit) 6% Cap Rate Jersey City, NJ 07307
INVESTMENT HIGHLIGHTS
- 6% going-in CAP Rate
- Units lightly renovated
EXECUTIVE SUMMARY
Prime 6-Family Investment Opportunity in Jersey City Heights – 6% CAP!
Discover exceptional cash flow and long-term upside with this lightly renovated 6-family property in the heart of Jersey City Heights. This well-maintained building offers a strong 6% cap rate with a mix of updated units and reliable tenants, making it ideal for both seasoned investors and those entering the multifamily market.
The property has been thoughtfully improved to reduce maintenance while preserving future value-add potential through further renovations or rent growth.
Situated in a highly desirable neighborhood known for its vibrant community feel, proximity to transportation, and easy access to Hoboken, Journal Square, and NYC, this building offers the perfect balance of stability and upside.
Highlights:
6 residential units with strong in-place income
Light renovations throughout – minimal deferred maintenance
Attractive 6% cap rate with room for rent increases with capital improvement
Prime Jersey City Heights location
Ideal turnkey investment with long-term appreciation potential
P&L and Rent Roll available in the "Documents" section on LoopNet.
Call Jim Pompa today for additional info, 917-560-3902
Discover exceptional cash flow and long-term upside with this lightly renovated 6-family property in the heart of Jersey City Heights. This well-maintained building offers a strong 6% cap rate with a mix of updated units and reliable tenants, making it ideal for both seasoned investors and those entering the multifamily market.
The property has been thoughtfully improved to reduce maintenance while preserving future value-add potential through further renovations or rent growth.
Situated in a highly desirable neighborhood known for its vibrant community feel, proximity to transportation, and easy access to Hoboken, Journal Square, and NYC, this building offers the perfect balance of stability and upside.
Highlights:
6 residential units with strong in-place income
Light renovations throughout – minimal deferred maintenance
Attractive 6% cap rate with room for rent increases with capital improvement
Prime Jersey City Heights location
Ideal turnkey investment with long-term appreciation potential
P&L and Rent Roll available in the "Documents" section on LoopNet.
Call Jim Pompa today for additional info, 917-560-3902
FINANCIAL SUMMARY (ACTUAL - 2025) Click Here to Access |
ANNUAL (CAD) | ANNUAL PER SF (CAD) |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
$99,999
|
$9.99
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
FINANCIAL SUMMARY (ACTUAL - 2025) Click Here to Access
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Operating Expenses (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Total Expenses (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
PROPERTY FACTS
| Price | $1,832,992 CAD | Apartment Style | Low-Rise |
| Price Per Unit | $305,499 CAD | Building Class | C |
| Sale Type | Investment | Lot Size | 0.06 AC |
| Cap Rate | 6% | Building Size | 2,103 SF |
| No. Units | 6 | No. Stories | 3 |
| Property Type | Multifamily | Year Built | 1900 |
| Property Subtype | Apartment |
| Price | $1,832,992 CAD |
| Price Per Unit | $305,499 CAD |
| Sale Type | Investment |
| Cap Rate | 6% |
| No. Units | 6 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.06 AC |
| Building Size | 2,103 SF |
| No. Stories | 3 |
| Year Built | 1900 |
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| Studios | 6 | - | - |
1 1
Walk Score®
Walker's Paradise (95)
Bike Score®
Very Bikeable (75)
PROPERTY TAXES
| Parcel Number | 06-01405-0000-00018 | Total Assessment | $1,027,905 CAD |
| Land Assessment | $377,598 CAD | Annual Taxes | -$1 CAD ($0.00 CAD/SF) |
| Improvements Assessment | $650,307 CAD | Tax Year | 2025 |
PROPERTY TAXES
Parcel Number
06-01405-0000-00018
Land Assessment
$377,598 CAD
Improvements Assessment
$650,307 CAD
Total Assessment
$1,027,905 CAD
Annual Taxes
-$1 CAD ($0.00 CAD/SF)
Tax Year
2025
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Pompa Group
80 Paterson St
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