120 Jefferson St
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120 Jefferson St
8 Unit Block of Flats £2,236,243 (£279,530/Unit) 5.67% Net Initial Yield Hoboken, NJ 07030
Investment Highlights
- (8) One Bedroom Apartments
- Under Market Rents (75% of Building)
- Butterfly Security Access System
- Value Add Property
- New Roof
- New Cast Iron Entry Staircase
Executive Summary
KW Commercial is pleased to offer 120 Jefferson St for sale in this convenient section of Downtown Hoboken. This is an 8 unit residential building with value-add potential above many existing improvements. Enter ownership with recent improvements including a new rubber roof, "Butterfly" intercom system, and a new cast iron entry staircase. Landlord expenses are streamlined by separated hot water, gas, and electric utilities for each unit. Great opportunity to own an income generating property in a vibrant upscale community.
Inquire for additional details
Inquire for additional details
Property Facts
| Price | £2,236,243 | Apartment Style | Mid Rise |
| Price Per Unit | £279,530 | Building Class | C |
| Sale Type | Investment | Lot Size | 0.06 AC |
| Net Initial Yield | 5.67% | Building Size | 4,676 SF |
| No. Units | 8 | Average Occupancy | 88% |
| Property Type | Residential | Number of Floors | 4 |
| Property Subtype | Apartment | Year Built | 1920 |
| Price | £2,236,243 |
| Price Per Unit | £279,530 |
| Sale Type | Investment |
| Net Initial Yield | 5.67% |
| No. Units | 8 |
| Property Type | Residential |
| Property Subtype | Apartment |
| Apartment Style | Mid Rise |
| Building Class | C |
| Lot Size | 0.06 AC |
| Building Size | 4,676 SF |
| Average Occupancy | 88% |
| Number of Floors | 4 |
| Year Built | 1920 |
Unit Mix Information
| Description | No. Units | Avg. Rent.Mo | SF |
|---|---|---|---|
| 1+1 | 8 | - | 520 - 650 |
Walk Score ®
Walker's Paradise (98)
Transit Score ®
Excellent Transit (83)
Bike Score ®
Very Bikeable (78)
PROPERTY TAXES
| Parcel Number | 05-00029-0000-00024 | Improvements Assessment | £362,576 |
| Land Assessment | £454,216 | Total Assessment | £816,792 |
PROPERTY TAXES
Parcel Number
05-00029-0000-00024
Land Assessment
£454,216
Improvements Assessment
£362,576
Total Assessment
£816,792
zoning
| Zoning Code | R-3 (R-3 District) |
| R-3 (R-3 District) |
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120 Jefferson St
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