$ 1,550,000
1153-1155 SUMMIT AVE Jc Heights, NJ 07307
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$ 1,550,000
Est. payment | /mo
6 Baths
$ 1,550,000
Est. payment | /mo
6 Baths
Key Details
Property Type Commercial
Sub Type Investment
Listing Status Active
Purchase Type For Sale
MLS Listing ID 240012176
Full Baths 5
Half Baths 2
Annual Tax Amount $17,260
Lot Dimensions 50x75
Property Description
Century 21 Preferred Realty and its Listing Agent Luis A Negron Jr is pleased to present this exclusive opportunity to purchase a strategically located investment property at 1153-1155 Summit Avenue on the corner of Summit Avenue and Poplar Street in Jersey City NJ (The-Heights) 07307. The investment property is comprised of 2 buildings, The First property is a 3 story mixed used building consisting of 1 Commercial (Deli/Convenient Store) and 2 Residential Apartments (3BR & 2BR). The second property is a 2 story building with 2 Residential Apartments (3BR Each). The property is 100% occupied and centrally located in the heights. 1153-1155 Summit Avenue is 1 short block from JF Kennedy Blvd with bus lines that service both the NY Port Authority and the JSQ Path Station as well as a 15 minute walk to the Congress Street Light Rail Station and with its close proximity to Route 3, 139, Pulaski Skyway, NJ Turnpike, GW Bridge, Holland & Lincoln Tunnels makes this property any Investors Dream. The property can be subdivided converting this 4 Residential and 1 Commercial into two Separate properties 1153 Summit Avenue (3 Apartments & 1 Commercial) 1155 Summit Avenue (3 Apartments) for a total of 7 units. Once the property is developed the Projected Yearly Gross Income Is Approximately between $240,000.00 and $258,000.00. Seperate Utilites. Owners pay W/S only.
Location
State NJ
County Hudson
Area Jc Heights
Exterior
Garage Spaces 3.0
Listed by CENTURY 21 PREFERRED REALTY INC