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835 Summit Avenue, Jersey City, NJ 07307
$1,950,000
835 Summit Avenue, Jersey City, NJ 07307View this property at 835 Summit Avenue, Jersey City, NJ 07307
835 Summit AvenueJersey CityNJ07307
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Property Description
Attention All Investors!!! A Great Opportunity To Own A Brick, 16-Unit Residential Building in The Heights Section Of Jersey City, Situated On The Corner Of Summit Ave & Sanford Pl Across The Street To Pershing Fild Park. This Solid, 4-Story Building Is Conveniently Located Just Minutes To Nyc Bus Stop. The Building Consists Of 2 Studios, 1 Two-Brm, & 13 One-Bdrm Apts. Tenants Pay For Electric & Cooking Gas. The Heat, Cold & Hot Water Are Paid By The Owner. Currently All Units Are Rented and The Rents Are Below Market Value, Grossing $132,780 Annually. All Tenants Are Month To Month. Some Apartments Need Updating But Structurally The Building Is in Great Shape. The Roof Is Approx. 9 Years Old & The Boilers Are in Good Condition. Great Opportunity For Investors Seeking To Increase Their Rental Portfolio Or For A 1031 Exchange. Rent Roll & Income/Expenses Are Available Upon Request. Motivated Seller. Don't Miss This One, Won't Last Long! Text/Call La, Jay For More Details.
Full Property Details
Full Property Details for 835 Summit Ave
General
- Sold For: $1,950,000
- Taxes: $18,638
- Status: Closed
- Type: Commercial
- MLS ID: 21026084
- Added to Site: 1, 051 day(s) ago
Location
- County: HUDSON
Structural Information
- Architectural Style: 5-25
- Description/Design: 5+Family
- Roof: Flat
- Year Built: 1900-1939
Financial Considerations
- Tax Amount: $18,638
- Landlord Pays: Common Area, Heat, Lawn, O/See Rmrks, Snow, Water
Listed and Sold by RE/MAX Home Experts (973) 777-4663, Janusz Gajda (201) 952-2222
Get Pre-Approved Today
Schools
Schools serving 835 Summit Ave
School District:Jersey City Schools
Rating | Name | Grades | Distance |
---|---|---|---|
3385 John F Kennedy Blvd, Jersey City, NJ 07307 | PK-5 | 0.4 mi | |
Anthony J. Infante School - Ps 31
3055 Kennedy Boulevard, Jersey City, NJ 07306 | 1-2 | 0.6 mi | |
222 Laidlaw Ave, Jersey City, NJ 07306 | 6-8 | 0.4 mi | |
2 Palisade Ave, Jersey City, NJ 07306 | 9-12 | 0.9 mi | |
123 Coles St, Jersey City, NJ 07302 | 9-12 | 1.2 mi | |
299 Sip Ave, Jersey City, NJ 07306 | 9-12 | 1.2 mi | |
35 Colgate St, Jersey City, NJ 07302 | 9-12 | 1.5 mi | |
60 Crescent Ave, Jersey City, NJ 07304 | 9-12 | 1.9 mi | |
239 Bergen Ave, Jersey City, NJ 07305 | 9-12 | 2.7 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 835 Summit Ave
Date
Details
Price
Change
Source
8/31/2022
Sold
$1,950,000
-39.06%
MLS
10/14/2021
Price Reduced
$3,200,000
-12.33%
MLS
6/27/2021
Listed
$3,650,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
835 Summit Avenue, Jersey City, NJ 07307 (MLS# 21026084) is a Commercial property that was sold at $1,950,000 on August 31, 2022. Want to learn more about 835 Summit Avenue? Do you have questions about finding other Commercial real estate for sale in Jersey City? You can browse all Jersey City real estate or contact a Coldwell Banker agent to request more information.