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- LoopNet Team
298 Claremont Ave
Jersey City, NJ 07305
Multifamily Property For Sale · 2 Units
PROPERTY FACTS
| No. Units | 2 | Building Size | 3,000 SF |
| Property Type | Multifamily | Average Occupancy | 100% |
| Property Subtype | Apartment | No. Stories | 2 |
| Building Class | C | Year Built | 1930 |
| Lot Size | 0.05 AC |
| No. Units | 2 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Building Class | C |
| Lot Size | 0.05 AC |
| Building Size | 3,000 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built | 1930 |
Unit Amenities
- Heating
- Hardwood Floors
- Yard
- Garden
About 298 Claremont Ave , Jersey City, NJ 07305
Prime location, turn-key investment opportunity for an established developer or new player to the market. This Exclusive Investment Opportunity provides an investor with the option to either personally occupy one of the units and maintain the 2nd unit for income purposes or renovate the entire property, increase the rent roll or sell. The property is currently being used as a pure income producer with rent roll of $2,600 and will be delivered with existing month-to-month tenants. There is a finished basement with bedroom, bathroom and living space that could be added to 1st floor unit to create a larger apt. or could apply to have rezoned as 3-family.
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 3+1 | 1 | - | - |
| 4+2 | 1 | - | - |
