$3,250,000 134 Cottage St Jersey City, NJ

MLS: 202025368   Type: Investment   County: Hudson   City: Jersey City   Area: Journal Square   Zip: 07306     Stories: 3   Taxes: $6,776

Mortgage $15,258 /mo

Beds

Baths

Half Baths

Sqr Footage

Lot Size

Built

13

12

0

0

0

0

Incredible investment in JSQ redevelopment and opportunity Zone. This ground-up 2017, newly constructed 8 unit building consists of 3 one bed & one bath, 1 two bed & one bath, and four 2 bed & 2 bath units. 6 of the 8 units have outdoor space. All units have in-unit washer dryer closets and on-demand hot water heaters in-unit utility closets, equipped with wall units that provide heat and A/C on demand. All utilities are separate, and rent control does not apply. Gross income $210,000, 2019 expenses were ~ $ 18,000, providing a 5.9% cap rate. A great alternative for a 1031 exchange client.

Elementary School

Middle School

High School

Click Here
Distance: N/A Miles
Click Here
Distance: N/A Miles
Click Here
Distance: N/A Miles

Price History

11/4/2020 Listed $325,000,000
11/5/2020 99% - $3,250,000

Class CI INVESTMENT - SALE ONLY
Listing Area JC, Journal Square
Status ACTIVE
Status Active
Stories 3
Taxes 6776
Type Investment

Exterior Features

Lot Dimensions 25 X 100

Property Schools



Direct Link:

https://www.searchpropertiesbysouthern.com/property/102-202025368-134-Cottage-St-Jersey-City-NJ-07306

Gallery (15 photos)

Ask Your Agent a Question

Property vs Zip Code Avg (07306)

Price 3.25M Avg 1.64M

Taxes $6,776 Avg $12,284

Visits 114 Avg 81

Days on Site 81 Avg 83

Walkscore® 96 Avg 93

Data Provided by Walkscore ® not using MLS data

Ask How to Finance this Property

Download Our Mobile App

Download Millions Mapped

Listing Provided Courtesy Of: WEICHERT REALTORS - 201-333-4443




Back to Search

Chat is Now Online! Ask Away!

Find Your Home's Value Instantly

Saved Properties

This is a list of your favorite properties. We will email you if a property is reduced or leaves the market.

Click 'Save' to add a property to this list.

Register / Login

New & returning visitors please enter your information to login.

By clicking 'register' you are agreeing to our terms of use & giving us expressed written consent to contact you.

Questions? Comments? Complaints?

This message will go directly to the head of our team.

Location & Address

Pure Properties
200 Hudson St. Suite 1000
Jersey City, NJ
973-845-4260