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163 Clerk St
Jersey City, NJ 07305 Bergen-Lafayette

$829,000 USD

Apartments Condo For Sale  •  2,400 SF

Property Details

  • Property Type Apartments
  • Total Building Size 2,400 SF
  • Lot Size 0.04 AC
  • Building Class B
  • Year Built 2020
  • Cap Rate 8.97 %
74 Transit Score
76 Walk Score

1 Unit Available

Name Condo Use Size Price Details
Unkwn Floor - Unit 2 Flex 2,400 SF $829,000 USD
  • Unit Size: 2,400 SF
  • Condo Use: Flex
  • Price: $829,000 USD
  • Sale Type: Investment
  • Price/SF: $345.42 USD
Description
This renovated 2-family home in the heart of Jersey City is a fantastic opportunity for those seeking a modern and convenient urban lifestyle. With two newly remodeled apartments, both featuring modern kitchens with stainless-steel appliances, quartz countertops, and plenty of cabinet space, this property offers plenty of living space. Apartment One, a ground-level duplex, features 3 bedrooms and 1.5 bathrooms, while Apartment two Duplex has 4 bedrooms and 1.5 bathroom. Apartment 2 can be delivered vacant. This gem is Located on the border of Bergen Lafayette section of Jersey City with quick access to Randolph Light Rail Station, providing quick commute to NJ Path, Downtown Jersey City, Hoboken and Manhattan Via the Hudson - Bergen Light Rail. NJ Turnpike exit 14 B is also within a few blocks. Additionally, the property is conveniently located near restaurants, shops, and parks, adding to its appeal. Overall, this renovated 2-family home in Jersey City appears to be a rare gem that offers a prime location and modern amenities. If you're interested in urban living, this property is definitely worth considering.

Sale Notes
Annual gross income $74,400. Unit 1 pays $2900/mo and has 7 months lease left. Unit 2 pays $3300/mo and is month to month.

Description

This renovated 2-family home in the heart of Jersey City is a fantastic opportunity for those seeking a modern and convenient urban lifestyle. With two newly remodeled apartments, both featuring modern kitchens with stainless-steel appliances, quartz countertops, and plenty of cabinet space, this property offers plenty of living space. Apartment One, a ground-level duplex, features 3 bedrooms and 1.5 bathrooms, while Apartment two Duplex has 4 bedrooms and 1.5 bathroom. Apartment 2 can be delivered vacant. This gem is Located on the border of Bergen Lafayette section of Jersey City with quick access to Randolph Light Rail Station, providing quick commute to NJ Path, Downtown Jersey City, Hoboken and Manhattan Via the Hudson - Bergen Light Rail. NJ Turnpike exit 14 B is also within a few blocks. Additionally, the property is conveniently located near restaurants, shops, and parks, adding to its appeal. Overall, this renovated 2-family home in Jersey City appears to be a rare gem that offers a prime location and modern amenities. If you're interested in urban living, this property is definitely worth considering.

Financial Summary

Cap Rate: 8.97 %
Total Expenses: $0 USD

Public Transportation

Commuter RailDriveWalkDistance
Journal Square (Journal Square-33rd Street - Port Authority Trans-Hudson (PATH), Newark Penn Station-World Trade Center - Port Authority Trans-Hudson (PATH)) 5 min - 2.3 mi
Grove Street (Journal Square-33rd Street - Port Authority Trans-Hudson (PATH), Newark Penn Station-World Trade Center - Port Authority Trans-Hudson (PATH)) 6 min - 2.6 mi
Transit/SubwayDriveWalkDistance
Martin Luther King Drive (West Side Avenue-Tonnelle Avenue - Hudson-Bergen Light Rail (Hudson-Bergen Light Rail)) 1 min 6 min 0.3 mi
Garfield Avenue (West Side Avenue-Tonnelle Avenue - Hudson-Bergen Light Rail (Hudson-Bergen Light Rail)) 2 min 8 min 0.5 mi
Richard Street (22nd Street-Hoboken Terminal - Hudson-Bergen Light Rail (Hudson-Bergen Light Rail)) 2 min 17 min 0.9 mi
West Side Avenue (West Side Avenue-Tonnelle Avenue - Hudson-Bergen Light Rail (Hudson-Bergen Light Rail)) 3 min 18 min 0.9 mi
AirportDriveWalkDistance
Newark Liberty International 11 min - 7.8 mi
Laguardia 34 min - 16.5 mi
Natalie J. Esfandiari 917-561-0600 The NJ Group
Natalie J. Esfandiari 917-561-0600 The NJ Group