Great opportunity for all Investors!! 3 Family on a 25 x 100 lot only 4 blocks away from the Grove Street Path. 2 units have 2 beds and 1 bath, 3rd unit has plans approved to renovate into a 3 bed 2 bath and includes facade renovation. Total current sqft: 2,288 and Total proposed sqft after renovation: 2,574. Current rent roll: $34,200 Annual Gross, Potential minimum rent roll after 3rd unit renovation: $74,400 Annual Gross. Approx. cost of renovation: $60,000-$70,000. Cap Rate after renovations: 7 3/4%.
Off market
Street View
$1,409,300
369 2nd St, Jersey City, NJ 07302
7beds
4baths
--sqft
MultiFamily
Built in ----
-- sqft lot
$1,409,300 Zestimate®
$--/sqft
$3,350 Estimated rent
Owner options
What's special
Sell for more on Zillow
Get a Zillow Showcase℠ listing at no additional cost and you could sell for .
$1,409,300
2% more+$28,186
With Zillow Showcase(estimated)$1,437,486