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590 Bergen Ave
Jersey City, NJ 07304 McGinley Square

$5,481,000 USD

Apartments For Sale  •  21,267 SF

Property Details

• Property Type Apartments
• Total Building Size 16,750 SF
• Building Class C
• Year Built 1966

80 Transit Score

100 Walk Score

Highlights

Value-Add Opportunity: 26 Units, 28% Upside, 6.55% Cap Rate

Building Highlights: Brick Building, 14 Parking Spots, Renovated Units, Laundry in Basement

Tenants pay for heat, cooking gas & electric; Landlord pay for water/sewer, common area electric, heat, & hot water

Convenient Transportation: The building is approximately a 5-minute walk to the JFK Blvd at Kensington Ave bus stop

Amenities

• 24 Hour Access
• Air Conditioning
• Tenant Controlled HVAC
• Heating
• Smoke Free
• Kitchen
• Oven
• Sprinkler System
• Range
• Tub/Shower
• Walk-Up
• Smoke Detector

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))	3 min	20 min	1.0 mi
Grove Street (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
Transit/Subway	Drive	Walk	Distance
Martin Luther King Drive (West Side Avenue-Tonnelle Avenue - Hudson-Bergen Light Rail (Hudson-Bergen Light Rail))	3 min	15 min	0.8 mi
Garfield Avenue (West Side Avenue-Tonnelle Avenue - Hudson-Bergen Light Rail (Hudson-Bergen Light Rail))	3 min	18 min	1.0 mi
Airport	Drive	Walk	Distance
Newark Liberty International	12 min	-	7.1 mi
LaGuardia	33 min	-	14.7 mi

Parking Details

Parking Available:	Yes
Reserved:	No
Spaces Provided:	14
Type:	Surface
Included in Rent:	Yes