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1155 Summit Ave
Jersey City, NJ 07307

$1,550,000 USD

Storefront Retail Residential For Sale • 5,400 SF

Property Details

Property Type Storefront Retail Residential
Total Building Size 5,400 SF
Lot Size 0.09 AC
Building Class C
Year Built 1950
Cap Rate 6.90 %
Tenancy Multiple

70 Transit Score

95 Walk Score

Financial Summary (Actual)

Net Operating Income: $107,016 USD (2023)

Cap Rate:	6.90 %
Total Expenses:	$51,384 USD

Amenities

Bus Line
Signage

Public Transportation

Commuter Rail	Drive	Walk	Distance
Hoboken (Bergen County/Port Jervis Line - NJ Transit Commuter Rail (NJ Transit), Hoboken-33rd Street - NJ Transit Commuter Rail (NJ Transit), Hoboken-World Trade Center - NJ Transit Commuter Rail (NJ Transit), Main/Port Jervis Line - NJ Transit Commuter Rail (NJ Transit), Montclair-Boonton Line - NJ Transit Commuter Rail (NJ Transit), Morris & Essex Gladstone Branch - NJ Transit Commuter Rail (NJ Transit), Morris & Essex Morristown Line - NJ Transit Commuter Rail (NJ Transit), North Jersey Coast Line - NJ Transit Commuter Rail (NJ Transit), Pascack Valley Line - NJ Transit Commuter Rail (NJ Transit), Raritan Valley Line - NJ Transit Commuter Rail (NJ Transit))	7 min	-	2.3 mi
Secaucus Junction (Bergen County/Port Jervis Line - NJ Transit Commuter Rail (NJ Transit), Main/Port Jervis Line - NJ Transit Commuter Rail (NJ Transit), Montclair-Boonton Line - NJ Transit Commuter Rail (NJ Transit), Morris & Essex Gladstone Branch - NJ Transit Commuter Rail (NJ Transit), Morris & Essex Morristown Line - NJ Transit Commuter Rail (NJ Transit), North Jersey Coast Line - NJ Transit Commuter Rail (NJ Transit), Northeast Corridor Line - NJ Transit Commuter Rail (NJ Transit), Pascack Valley Line - NJ Transit Commuter Rail (NJ Transit))	10 min	-	4.8 mi
Transit/Subway	Drive	Walk	Distance
9Th Street - Congress Center (Tonnelle Avenue-Hoboken Terminal - Hudson-Bergen Light Rail (Hudson-Bergen Light Rail), West Side Avenue-Tonnelle Avenue - Hudson-Bergen Light Rail (Hudson-Bergen Light Rail))	7 min	14 min	0.8 mi
Airport	Drive	Walk	Distance
Newark Liberty International	15 min	-	11.2 mi
Laguardia	31 min	-	13.3 mi
John F Kennedy International	39 min	-	21.3 mi

Parking Details

Parking Available:	Yes
Reserved:	No
Spaces Provided:	3
Type:	Surface
Included in Rent:	Yes

Luis Negron 201-744-5965 C21 Preferred

1155 Summit Ave Jersey City, NJ 07307