List Search

333 Newark Ave
Jersey City, NJ 07302 Historic Downtown Jersey City

$8,650,000 USD

Apartments For Sale  •  15,140 SF

Property Details

  • Property Type Apartments
  • Total Building Size 15,140 SF
  • Building Class B
  • Year Built 2022
  • Cap Rate 5.10 %
78 Transit Score
98 Walk Score

Highlights

Fully Stabalized Asset w/ Credit Commercial Tenancy
Prime Candidate for 1031 Exchange
Boutique Micro Units w/ Condo Quality Finishes
There are 18 residential units and 2 commercial units at this site.

Property Flyers

Financial Summary (Actual)

Net Operating Income: $432,346 USD (2022)
Cap Rate: 5.10 %
Total Expenses: $171,220 USD

Amenities

  • 24 Hour Access
  • Air Conditioning
  • Business Center
  • Washer/Dryer
  • Grill
  • Tile Floors
  • Hardwood Floors
  • Stainless Steel Appliances
  • Community-Wide WiFi
  • Conference Rooms
  • Elevator

Public Transportation

Commuter RailDriveWalkDistance
Grove Street (Journal Square-33rd Street - Port Authority Trans-Hudson (PATH), Newark Penn Station-World Trade Center - Port Authority Trans-Hudson (PATH)) 2 min 11 min 0.6 mi
Journal Square (Journal Square-33rd Street - Port Authority Trans-Hudson (PATH), Newark Penn Station-World Trade Center - Port Authority Trans-Hudson (PATH)) 3 min 18 min 0.9 mi
Transit/SubwayDriveWalkDistance
Harsimus Cove (22nd Street-Hoboken Terminal - Hudson-Bergen Light Rail (Hudson-Bergen Light Rail), West Side Avenue-Tonnelle Avenue - Hudson-Bergen Light Rail (Hudson-Bergen Light Rail)) 4 min 16 min 0.9 mi
Jersey Avenue (22nd Street-Hoboken Terminal - Hudson-Bergen Light Rail (Hudson-Bergen Light Rail), West Side Avenue-Tonnelle Avenue - Hudson-Bergen Light Rail (Hudson-Bergen Light Rail)) 3 min 17 min 0.9 mi
Marin Boulevard (22nd Street-Hoboken Terminal - Hudson-Bergen Light Rail (Hudson-Bergen Light Rail), West Side Avenue-Tonnelle Avenue - Hudson-Bergen Light Rail (Hudson-Bergen Light Rail)) 3 min 19 min 1.0 mi
Pavonia Newport (22nd Street-Hoboken Terminal - Hudson-Bergen Light Rail (Hudson-Bergen Light Rail), West Side Avenue-Tonnelle Avenue - Hudson-Bergen Light Rail (Hudson-Bergen Light Rail)) 4 min 20 min 1.0 mi
Harborside Financial Center (22nd Street-Hoboken Terminal - Hudson-Bergen Light Rail (Hudson-Bergen Light Rail), West Side Avenue-Tonnelle Avenue - Hudson-Bergen Light Rail (Hudson-Bergen Light Rail)) 4 min 20 min 1.1 mi
AirportDriveWalkDistance
Newark Liberty International 12 min - 9.0 mi
Laguardia 30 min - 13.6 mi
John F Kennedy International 39 min - 21.9 mi
Gregory Edgell 973-610-5145 GRID Real Estate
Gregory Edgell 973-610-5145 GRID Real Estate