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    453 Pavonia Ave

    Jc, Journal Square, NJ 07306
    • $1,689,000
    • STATUS: Active
    • ON SITE: 112 days
    • MLS #: 202022030
    UPDATED: 23 min ago
    $1,689,000
    • 0
      BEDS
    • N/A
      ACRES
    • 12
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Commercial

    School Ratings & Info

    Description

    GREAT INVESTMENT OPPORTUNITY WITH A 6.8% CAP RATE!!!! Perfect for seasoned investors or new investors looking to start a portfolio. Property has been converted to condos and the R line has been split into two units. The L line features three bed/2 bath layouts and the R line features two one bed/one bath layout per floor. Property features 6 gas meters, 6 boilers, and 6 hot water heaters. Property sits on Pavonia and Newark Ave. A few blocks away from the Journal Square Path Station and the Holland Tunnel to NYC. This property is a commuter's dream. In close proximity to local shops, restaurants and parks.

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    © 2021 Hudson County Multiple Listing Service. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Premier Group NJ at RE/MAX Central. The data relating to real estate for sale or lease on this web site comes in part from HCMLS. Real estate listings held by brokerage firms other than Premier Group NJ at RE/MAX Central are marked with the HCMLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Data last updated: 2021-01-21T10:25:53.243.
    www.premiergroupnj.com/homes/110552054
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    453 Pavonia Ave Jc, Journal Square, NJ 07306

    • Price: $1,689,000
    • Status: Active
    • Updated: 23 min ago
    • MLS #: 202022030
    0
    Beds
    12
    Baths
    0
    ½ Baths
    N/A
    Acres
    Neighborhood:
    Jc, Journal Square
    Area:
    Jc, Journal Square
    Property Description
    GREAT INVESTMENT OPPORTUNITY WITH A 6.8% CAP RATE!!!! Perfect for seasoned investors or new investors looking to start a portfolio. Property has been converted to condos and the R line has been split into two units. The L line features three bed/2 bath layouts and the R line features two one bed/one bath layout per floor. Property features 6 gas meters, 6 boilers, and 6 hot water heaters. Property sits on Pavonia and Newark Ave. A few blocks away from the Journal Square Path Station and the Holland Tunnel to NYC. This property is a commuter's dream. In close proximity to local shops, restaurants and parks.
    Exterior Features

    Covered Parking No Lot Size 25.24 X 132.75 Number Parking Spaces 0 Stories 3

    Interior Features

    One Bedrooms 6 Three Bedrooms 3

    Property Features

    Commercial Type Investment Easements No Elevators No Free Standing Yes Fuel Gas Green Card Yes Gross Income $140400 Handicap Access No Internet Yes Lead Paint Form Yes Mixed Use No Operating Expenses $23238 Rent Control No Taxes 20238

    Listing provided courtesy of Lighthouse Residential Llc:201-500-6850.


    © 2021 Hudson County Multiple Listing Service. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Premier Group NJ at RE/MAX Central. The data relating to real estate for sale or lease on this web site comes in part from HCMLS. Real estate listings held by brokerage firms other than Premier Group NJ at RE/MAX Central are marked with the HCMLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Data last updated: 2021-01-21T10:25:53.243.
     
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    Premier Group NJ at RE/MAX Central
    520 Highway 9 North
    Manalapan NJ, 07726