151 Sip Avenue
Jersey City, New Jersey

Jersey City, New Jersey

Listed By CENTURY 21 Semiao & Associates

The Commercial Property for Sale located at Jersey City, New Jersey is currently for sale. Jersey City, New Jersey is listed for $12,750,000. This property has 42 bedrooms, 42 bathrooms features. If the property located at Jersey City, New Jersey isn't what you're looking for, visit https://global.century21uk.com to see other Commercial Properties for Sale in Jersey City .

Date Updated : Mar 17, 2025

MLS#: 151sip

$12,750,000 USD

  • Total rooms
    84
  • Minimum sellable space
    877m²  (9,435ft²)
The details

Property features

Construction details

  • Year built: 1920

Area

  • Property size: 877m²  (9,435ft²)
  • Bedrooms: 42
  • Bathrooms: 42
  • Total rooms: 84

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.

Location

Jersey City, New Jersey
Courtesy of Maggie Abdo-Manno CCIM CENTURY 21 Semiao & Associates
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