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535 NEWARK AVE Jc Journal Square, NJ 07306
3 Baths
UPDATED:
Key Details
Property Type Commercial
Sub Type Investment
Listing Status Active
Purchase Type For Sale
MLS Listing ID 250019119
Full Baths 3
Annual Tax Amount $14,403
Lot Dimensions 25/98
Property Sub-Type Investment
Property Description
Well situated for success! As the new Hudson County courthouse is slowly re-positioning the area for higher foot traffic, this could bring in the income you have been searching for. Currently with 2 residential apartments with a long-term cannabis tenant, the cap rates could add to a performing portfolio. Also suited for vertical development due to Jersey City's friendly zoning ambitions. Possible combination of sales with adjacent lots.
Location
State NJ
County Hudson
Area Jc Journal Square
Listed by SESSION REAL ESTATE LLC
