235 Webster ave, Jersey City, NJ 07307 | 235 Webster Ave
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235 Webster ave, Jersey City, NJ 07307 235 Webster Ave
4 Unit Apartment Building $1,794,125 CAD ($448,531 CAD/Unit) 5.68% Cap Rate Jersey City, NJ 07307
Executive Summary
OPEN HOUSE. SUNDAY, DEC. 15 FROM 1-3PM Prime 4-Unit Investment Opportunity in Jersey City Heights! Located near Palisade Ave and the popular Riverview-Fisk Park, this well-maintained 2-story building offers four spacious 1-bedroom + den apartments, each with separate utilities. Fully occupied with strong rental income, the property also features three valuable parking spots (2 outdoor, 1 garage), a large backyard with ample potential, and a walkout basement providing convenient storage space. While there is no washer/dryer onsite, a laundromat is just two blocks away. Situated in a vibrant neighborhood, residents enjoy proximity to parks, shopping, cafes, restaurants, and seamless transit options to NYC and Hoboken. This is an exceptional chance to invest in a sought-after area of Jersey City Heights!
Building sq ft 2,700. Basement sq ft. 1120. Garage sq ft 230.
Building sq ft 2,700. Basement sq ft. 1120. Garage sq ft 230.
Financial Summary (Actual - 2023) |
Annual (CAD) | Annual Per SF (CAD) |
|---|---|---|
| Gross Rental Income |
$130,160
|
$48.17
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$130,160
|
$48.17
|
| Taxes |
-
|
-
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$28,206
|
$10.44
|
| Net Operating Income |
$101,955
|
$37.73
|
Financial Summary (Actual - 2023)
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $130,160 |
| Annual Per SF | $48.17 |
| Other Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $130,160 |
| Annual Per SF | $48.17 |
| Taxes (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Operating Expenses (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses (CAD) | |
|---|---|
| Annual | $28,206 |
| Annual Per SF | $10.44 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | $101,955 |
| Annual Per SF | $37.73 |
Property Facts
Unit Amenities
- Air Conditioning
- Heating
- Kitchen
- Refrigerator
- Oven
- Range
- Tub/Shower
Site Amenities
- Controlled Access
- Tenant Controlled HVAC
- Recycling
- Smoke Free
- Smoke Detector
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 1 | $2,800 CAD | - |
| 1+1 | 2 | $2,516 CAD | - |
| 1+1 | 3 | $2,731 CAD | - |
| 1+1 | 4 | $2,300 CAD | - |
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Walk Score®
Walker's Paradise (96)
Transit Score®
Excellent Transit (74)
Bike Score®
Very Bikeable (79)
zoning
| Zoning Code | R-2 |
| R-2 |
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235 Webster ave, Jersey City, NJ 07307 | 235 Webster Ave
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