1180 Summit Ave | Jersey City, NJ 07307
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1180 Summit Ave
Jersey City, NJ 07307
Jersey City Heights Mixed-Use · Retail Property For Sale
Investment Highlights
- All Brick Building Consisting of Four Residential Apartments and Two Retail
- All Units Have Separately Metered Utilities
- No Rent Control - All Market Rate Apartments
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
5,300 SF
Building Class
C
Year Built
1950
Price
$3,303,835 CAD
Price Per SF
$623 CAD
Cap Rate
6.64%
NOI
$219,333 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
3 Stories
Slab To Slab
12’
Building FAR
2.43
Lot Size
0.05 AC
Frontage
31 ft on Summit Ave
Amenities
- Bus Line
- Signage
PROPERTY TAXES
| Parcel Number | 06-00504-0000-00053 | Improvements Assessment | $950,839 CAD |
| Land Assessment | $213,187 CAD | Total Assessment | $1,164,026 CAD |
PROPERTY TAXES
Parcel Number
06-00504-0000-00053
Land Assessment
$213,187 CAD
Improvements Assessment
$950,839 CAD
Total Assessment
$1,164,026 CAD
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