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33-35 Storms Ave
Jersey City, NJ 07306 McGinley Square

$2,915,000 USD

Apartments For Sale  •  8,586 SF

Property Details

• Property Type Apartments
• Total Building Size 7,950 SF
• Lot Size 0.11 AC
• Building Class C
• Year Built 1925
• Cap Rate 6.00 %
• Zoning R-1

70 Transit Score

100 Walk Score

Highlights

12-unit

Rent Control Exempt

16% Upside

6% Cap Rate

Separately metered units; tenants pay cooking gas and electric, landlord pays heat and water.

Cap Rate:

6.00 %

Amenities

• Air Conditioning

Public Transportation

Commuter Rail	Drive	Walk	Distance
Journal Square (Journal Square-33rd Street - Port Authority Trans-Hudson (PATH), Newark Penn Station-World Trade Center - Port Authority Trans-Hudson (PATH))	2 min	17 min	0.9 mi
Grove Street (Journal Square-33rd Street - Port Authority Trans-Hudson (PATH), Newark Penn Station-World Trade Center - Port Authority Trans-Hudson (PATH))	4 min	-	1.8 mi
Transit/Subway	Drive	Walk	Distance
Garfield Avenue (West Side Avenue-Tonnelle Avenue - Hudson-Bergen Light Rail (Hudson-Bergen Light Rail))	3 min	16 min	0.9 mi
Martin Luther King Drive (West Side Avenue-Tonnelle Avenue - Hudson-Bergen Light Rail (Hudson-Bergen Light Rail))	3 min	20 min	1.0 mi
Airport	Drive	Walk	Distance
Newark Liberty International	13 min	-	8.7 mi
LaGuardia	32 min	-	14.4 mi
John F Kennedy International	42 min	-	22.6 mi