151 Sip Avenue, Jersey City, NJ
Multi-family for Sale - $12,750,000 - 9,435 Sq. Ft.
Agent Info
| Maggie Abdo-manno |
Property Info
| CIMLS# | 1172045 |
| Location 151 Sip Avenue Jersey City NJ 07030 | |
| Updated | March 17th, 2025 |
| Type | Multi-family |
| Price | $12,750,000 |
| Building | 9,435 Sq. Ft. |
Property Description
42 units for sale in the heart of Journal Square. Walking distance to Path Train Station. 31 units 1 bedroom, 10 units 2 bedroom. 1 studio and 1 super's. Building is a great investment opportunity with value add. Actual gross income $972,107 with a 4% CPI increase, $9,600 yearly laundry income, NOI 732,135, annual expenses $249,573 . All separate utilities. Tenant pays heat. Newly updated elevator. Security system. Laundry in facility.