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Southside Jersey City Portfolio
Jersey City, NJ Greenville

Price Upon Request

Multifamily For Sale  •  55,604 SF

4 Properties View all

Property Details

• Property Type Multifamily

80 Transit Score

100 Walk Score

Highlights

Rare Opportunity to Acquire a 73-Unit Multifamily Portfolio with 5 Retail Suites in Jersey City

Attractive Basis at $141,564 Per Unit Below Replacement Cost in a Supply-Constrained Market

Estimated Rent Upside of 34% Through Renovation, Turnover, and Operational Improvements

In-Place Rents Below Market Providing Immediate Mark-to-Market Opportunity | Flexible Exit with Ability to Operate as a Portfolio or Sell Individually

Additional Income Potential Through Reconfiguration of Select Unit Layouts

Located in a Transforming Corridor Supported by Bayfront, Canal Crossing, and Caven Point Studios

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))	7 min	-	2.9 mi
Grove Street (Journal Square-33rd Street - Port Authority Trans-Hudson (PATH), Newark Penn Station-World Trade Center - Port Authority Trans-Hudson (PATH))	8 min	-	4.0 mi
Transit/Subway	Drive	Walk	Distance
Richard Street (22nd Street-Hoboken Terminal - Hudson-Bergen Light Rail (Hudson-Bergen Light Rail))	2 min	15 min	0.7 mi
Martin Luther King Drive (West Side Avenue-Tonnelle Avenue - Hudson-Bergen Light Rail (Hudson-Bergen Light Rail))	4 min	17 min	0.9 mi
Danforth Avenue (22nd Street-Hoboken Terminal - Hudson-Bergen Light Rail (Hudson-Bergen Light Rail))	3 min	18 min	0.9 mi
Airport	Drive	Walk	Distance
Newark Liberty International	12 min	-	6.9 mi
LaGuardia	35 min	-	16.8 mi
John F Kennedy International	44 min	-	25.0 mi