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Multifamily For Sale • 72,683 SF
| 122 apartment units across 7 properties ranging from 12 to 33 units in Jersey City, NJ. |
| In-place rents average approximately 36% below market across the portfolio, giving investors a compelling, actionable mark-to-market, value-add play. |
| Diverse unit mix of 16 studios, 41 one-bedrooms, 63 two-bedrooms and 2 three-bedrooms. |
| Pre-war walk-ups, plus a mid-century trophy in The Heights. Most buildings have separate utilities and streamlined layouts for ease of management. |
| Portfolio is offered as a package or as individual assets, ideal for institutions, private buyers, and 1031 exchanges. |
| Jersey City’s vacancy (2.8%) and rent growth (+2.4% YoY) substantially outperform the national average, supported by strong population and job growth. |
| 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)) | 4 min | - | 1.3 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 | - | 2.2 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 | 13 min | 0.7 mi |
| Garfield Avenue (West Side Avenue-Tonnelle Avenue - Hudson-Bergen Light Rail (Hudson-Bergen Light Rail)) | 3 min | 17 min | 0.9 mi |
| Airport | Drive | Walk | Distance |
| Newark Liberty International | 13 min | - | 7.3 mi |
| LaGuardia | 33 min | - | 14.6 mi |
| John F Kennedy International | 43 min | - | 22.8 mi |
Gerald Filardi
Berkadia
Gerald Filardi
Berkadia
