ESTATE AUCTION (1 of 4 Jersey City, NJ Properties) 8-Story Building w/ Cell Antennas in Heart of Journal Square Prime Redevelopment Opportunity Directly Across from Port Authority Transportation Hub 50 Journal Square (a/k/a John F. Kennedy Blvd), Jersey City, NJ 07306 8-Story Commercial Building Directly Across from Port Authority Transportation Hub (10-Story Tower, Retail Plaza, Bus Station, PATH Station & Two-Level Parking Facility) Adjacent to The Landmark Loew's Jersey Theatre (Proposed $30-$40 Million Renovation) Heart of Redevelopment District Billboard Advertising Potential on Building Facade 1 Mile from the Holland Tunnel First Floor & Part of Basement Occupied by Tavern on Month-to-Month Basis, Monthly Gross Rental Income is $7,384.84 ($88,618.08 Annually) Rooftop Antennas Generate $7,907.46 in Monthly Gross Rental Income ($94,889.52 Annually) Real Estate & Cellular Income Offered for Sale in Bulk & Independently -Cellular Antenna Suggested Opening Bid: $800,000 -Building (Fee Simple) Suggested Opening Bid: $2,800,000 -Bulk Suggested Opening Bid: $3,600,000 (The Blau & Berg Company, Licensed NJ Real Estate Brokers)
Estate Auction 1.9+ Acre Mixed-Use Complex: Office, Industrial & Residential 4 Blocks from New Jersey City University - Prime Income/Redevelopment Opportunity Details: Three Assemblages/Offerings off John F. Kennedy Boulevard in Jersey City, NJ 07305 Available in Bulk or Individually Only Four Blocks from New Jersey City University Half Block to West Side Avenue Lightrail Station Each Offering is Available Independently or in Bulk $2,650,000 Suggested Opening Bulk Bid #1) Two Commercial Buildings of 42,000+ Sq Ft on 1.7+ Acre Assemblage 49-51 Morton Place & 202, 204, 206, 208 & 210 Orient Avenue 31,200 Sq Ft Building - 3 Stories 21,200 Sq Ft Occupied by Senior Day Care Center Rent: $18,294.55/Month $2,100,000 Suggested Opening Bid #2) 3,220 Sq Ft 2-Story Building on 5,200 Sq Ft Lot 43-45 Morton Place First & Second Floors: 1,840 Sq Ft & 1,380 Sq Ft Occupied by Church Rent: $2,750/Month + Taxes $275,000 Suggested Opening Bid #3) 3-Family & 1-Family Homes with Vacant Lot (Sold Together/in Bulk Only) 38, 40-42 & 46 Morton Place Rent: $4,535/Month $275,000 Suggested Opening Bid (The Blau & Berg Company, Licensed NJ Brokers)
4400-4800 SF Two NEW Custom Homes. On 3/4 Acres
8 Unit Condo Building. New kitchens and bathrooms. Fully Occupied. Taxes around $3000 per unit. This building is fully rented and generating $254K Gross income:$254k Taxes: $32k (approx) Water/sewer: $2.5k (approx) Hallway lighting: $.5k Insurance $3.5k (approx) Net operating Income: $215k
Great Property on trinity street across from the newton municipal building. 11 leasable spaces ! 7 professional offices, 2 apartments, and 2 garages. History of being fully leased. Contact us for detailed Cash Flow Statement
3 bedrooms, 1 bath single family home in the heart of Towaco's Town Center. This property is zoned commercially as well as residential. The ground floor can be used for retail or residential, while the second story is used for just residential.
6 units... Seashore colonial style Remodeled , separate utilities including separate hot water. Building has lead free certificate.
Corner, 3-story brick building. 1st floor features large retail store space with big windows and possible second retail or office at rear with separate entrance. Upper floors have two studio and two 3-bedroom residential apartment spaces. Basement. Needs repairs to complete.
PORTFOLIO SALE 2 VACANT BUILDINGS 852-856 S 16TH STREET NEWARK, NJ: $1,100,000 62-64 ELIZABETH AVENUE NEWARK, NJ: $1,400,000 PLUS A VACANT LOT 25x100 INCLUDED IN SALE 9 Vanderpool Street Newark Total apartments: 33 Retail: 3 space Bedrooms: 1, 2,& 3 Utilities: Separate gas and electric Completion Value :Cape Rate 9 % Projected Income for both properties $400,000 ARV
Mixed used , Brick, 3 stories well maintanance building, one gas heating system, finished hight ceiling basement, 8 apts one bedrooms, 2 apts 2 bedrooms .and 5,000 sf retails store owner ocuppaid, all apts are rented except one that is under construction. Lot Size 50x120 taxes $35,690. Never oil, only gas furnish, municipal parking lot in the rear of the building. 7% cap rate