Opportunity Knocks! Renovated 3 family building. Large units had been renovated originally , then re-renovated and upgraded over the years of single landlord ownership. All apartments are in excellent shape and ready to condo convert or rent. Well maintained building is professionally cleaned monthly. Ground floor Apt #1 is a 4 bedroom /2 bath with private backyard access. 2020 pre-covid & current rent: -1st floor Apt#1 is a 4BR/2bath w/private yard. $3500.OCCUPIED 2020 non-covid market rent was $4000 -2nd floor Apt#2 is a 3br/1bath. The 2020 market non-covid rent $3350-NOW VACANT -3rd floor apt #3 is a 3Br/1bath. The 2020 market non-covid rent :$3000 (was family member occupied)-NOW VACANT Potential for higher rents in future. All units now vacant, but active for re-rental on market. Building may be able to be delivered completely vacate. Large Lot provides a excellent opportunity for knockdown/new building development or condo conversion redevelopment. Cap Rate 5.8% Owner is Licensed RE.
Sold for $2,625,000 on 11/23/22
$2,625,000
610 Jefferson St, Hoboken, NJ 07030
10beds
1,000sqft
MultiFamily
Built in 1901
-- sqft lot
$2,621,700 Zestimate®
$2,625/sqft
$4,546 Estimated rent
What's special
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 10
- Bathrooms: 4
- Full bathrooms: 4
Heating
- Baseboard, Electric, Gas
Appliances
- Included: Microwave
Interior area
- Total interior livable area: 1,000 sqft
Property
Features
- Exterior features: Stucco, Wood, Brick
Lot
- Size: 2,500 sqft
Details
- Parcel number: 0500076000000029
Construction
Type & style
- Home type: MultiFamily
Condition
- Year built: 1901
Community & neighborhood
Location
- Region: Hoboken
Other
Other facts
- Heating: Baseboard, Electric, Gas, Hot Water
- HeatingYN: true
- CoolingYN: true
- Exclusions: personal items
- ConstructionMaterials: Block, Stucco, Brick, Wood
- Cooling: Window Unit(s)
- Inclusions: Microwave, Gas Stove, All appliances: Each apartment has : Ref, dishwasher. Building has coin op stack washer/dryer.
- MlsStatus: Active
- ListPriceLow: 1575000
- TaxAnnualAmount: 19911
- InsuranceExpense: 7662
- WaterSewerExpense: 1522