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$1,145,000
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Property Description
Investors dream opportunity to own a desirable and impressive income-producing 4 Unit Mixed Use property in Jersey City's Journal Square area. Solid Brownstone building with first floor retail and three apartments above. Each apartment is approximately 1300 sq ft with 4 generous bedrooms and 1 bath as well as laundry hookups. Located on prime West Side Avenue on a 28x100 lot. All separate utilities. Current rent is below market with significant upside potential. This is a fantastic investment, with steady positive cash flow with over 5% CAP return As Is. And easily projected 7-8% CAP return. The location is near various restaurants, shops, grocery stores, top charter schools, Saint Peter's University, NJCU, Houses of Worship (Churches, Mosques and Synagogues), and essential businesses. A short distance from beautiful Lincoln Park. A commuter's dream with a bus stop in front of the building to the PATH at Journal Square and easy access to NJ Turnpike and Route 440. Don't miss out on this amazing opportunity, schedule your private tour today!
Full Property Details
Full Property Details for 592 West Side Ave
General
- Sold For: $1,145,000
- Status: Closed
- Type: Commercial
- Source: Liberty_Board_Hudson_County_Hudson_MLS
- MLS ID: 230005756
- Added to Site: 1, 047 day(s) ago
Rooms
Bathrooms
- Total Bathrooms: 4
- Full Bathrooms: 3
- Half Bathrooms: 1
Location
- Area: JC, West Bergen
- County: Hudson
- Location Details: Harrison Ave & Communipaw Ave
Heating & Cooling
- Heating Fuel: Gas
Structural Information
- Construction: Brick
- Stories in Building: 4
- # of Stores: 4
Unit Information
- 4 Bedroom Units: 3
Lot Features
- Lot Size: 28x100
- Lot Dimensions: 28 x 100
- Lot Description: 00070
Financial Considerations
- For Sale/Rent/Lease: For Sale
Disclosures and Reports
- Exclusions: All personal property
- Lead Paint Discl.: Yes
- Section: West Bergen
- Block: 18301
Liberty Realty Llc (201) 610-1010
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Schools
Schools serving 592 West Side Ave
School District:Jersey City School District
| Name | Grades | Distance |
|---|---|---|
Chaplain Charles Watters School 220 Virginia Avenue, Jersey City, NJ 07304 | PK-5 | 0.4 mi |
Lincoln High School 60 Crescent Avenue, Jersey City, NJ 07304 | 9-12 | 0.6 mi |
Henry Snyder High School 239 Bergen Avenue, Jersey City, NJ 07305 | 9-12 | 0.8 mi |
James J. Ferris High School 35 Colgate Street, Jersey City, NJ 07302 | 9-12 | 1.4 mi |
William L. Dickinson High School 2 Palisade Avenue, Jersey City, NJ 07306 | 9-12 | 1.5 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 592 West Side Ave
Date
Details
Price
Change
Source
7/05/2023
Sold
$1,145,000
-0.43%
MLS
4/11/2023
Listed
$1,150,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
592 West Side Ave, Jersey City, NJ 07304 (MLS# 230005756) is a Commercial property that was sold at $1,145,000 on July 05, 2023. Want to learn more about 592 West Side Ave? Do you have questions about finding other Commercial real estate for sale in West Bergen? You can browse all West Bergen real estate or contact a Coldwell Banker agent to request more information.

