535 NEWARK AVE new Save Request In-Person Tour Request Virtual Tour
Jc Journal Square,NJ 07306
Key Details
Property Type Commercial
Sub Type Investment
Listing Status Active
Purchase Type For Sale
MLS Listing ID 250019119
Full Baths 3
Annual Tax Amount $14,403
Lot Dimensions 25/98
Property Sub-Type Investment
Property Description
Well situated for success! As the new Hudson County courthouse is slowly re-positioning the area for higher foot traffic, this could bring in the income you have been searching for. Currently with 2 residential apartments with a long-term cannabis tenant, the cap rates could add to a performing portfolio. Also suited for vertical development due to Jersey City's friendly zoning ambitions. Possible combination of sales with adjacent lots.
Location
State NJ
County Hudson
Area Jc Journal Square