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
£1,843,450
Price Per SF
£348
Net Initial Yield
6.64%
NOI
£122,382
Percent Leased
100%
Tenancy
Multiple
Number of Floors
3
Slab to Slab
12 ft
Building FAR
2.43
Lot Size
0.05 AC
Frontage
31 ft on Summit Ave
Amenities
- Bus Route
- Signage
PROPERTY TAXES
| Parcel Number | 06-00504-0000-00053 | Improvements Assessment | £537,646 |
| Land Assessment | £120,546 | Total Assessment | £658,192 |
PROPERTY TAXES
Parcel Number
06-00504-0000-00053
Land Assessment
£120,546
Improvements Assessment
£537,646
Total Assessment
£658,192
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