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73 Sussex St

4 Unit Block of Flats £2,883,328 (£720,832/Unit) Jersey City, NJ 07302

Investment Highlights

  • Four-family in the Paulus Hook Section of Downtown Neighborhood in Jersey City.
  • Customize Your New Home With Tremendous Flexibility Based on Your Needs, Now or in the Future.
  • Unit 1 Also Features an Extra Room That You Can Make Use of as a Den, Office, or Nursery Unit 2 Has a Private Deck and Shares the Backyard With Unit 1
  • Paulus Hook 25 Foot Wide Brownstone, Lot Size : 25X100
  • We Can Also Connect You With the Architect and a Builder if You Choose to Renovate.
  • Conveniently Located Near the Exchange and Grove Path Stations, Multiple Citi-bike Locations, Light Rail, and Ferry, You Can Also Find Parking Availa

Executive Summary

Paulus Hook 25 foot wide brownstone! Best block, best section of the block, huge natural footprint, and parking available. You can customize your new home with tremendous flexibility based on your needs, now or in the future. We have floor plans of the current footprint and layout upon request (we can also connect you with the architect and a builder if you choose to renovate). Welcome to this four-family in the Paulus Hook Section of Downtown neighborhood in Jersey City. This well maintained building offers many historical details like rich moldings, stained glass windows throughout the inside of this home, shutter doors, and hardwood floors. Unit 1,2, and 4 features two bedrooms, and one full bath, while unit 3 has one bed, one full bath, a patio off the kitchen, and additionally, a room that can be utilized as a nursery/ office. Unit 1 also features an extra room that you can make use of as a den, office, or nursery, whatever your heart desires. The units have plenty of living space with good storage and generously proportioned rooms. Unit 2 has a private deck and shares the backyard with Unit 1, perfect for those balmy summer evenings. You can also find parking available for purchase at the lot on the corner of Washington and Sussex. All units are currently generating rental income and are ready for their new owner/investor. Conveniently located near the Exchange and Grove Path Stations, multiple Citi-Bike locations, Light Rail, and ferry.

Financial Summary (Actual - 2023) Click Here to Access

Annual Annual Per SF
Gross Rental Income $99,999 $9.99
Other Income - -
Vacancy Loss - -
Effective Gross Income $99,999 $9.99
Taxes $99,999 $9.99
Operating Expenses $99,999 $9.99
Total Expenses $99,999 $9.99
Net Operating Income $99,999 $9.99

Financial Summary (Actual - 2023) Click Here to Access

Gross Rental Income
Annual $99,999
Annual Per SF $9.99
Other Income
Annual -
Annual Per SF -
Vacancy Loss
Annual -
Annual Per SF -
Effective Gross Income
Annual $99,999
Annual Per SF $9.99
Taxes
Annual $99,999
Annual Per SF $9.99
Operating Expenses
Annual $99,999
Annual Per SF $9.99
Total Expenses
Annual $99,999
Annual Per SF $9.99
Net Operating Income
Annual $99,999
Annual Per SF $9.99

Property Facts

Price £2,883,328
Price Per Unit £720,832
Sale Type Investment
No. Units 4
Property Type Residential
Property Subtype Apartment
Apartment Style Mid Rise
Lot Size 0.06 AC
Building Size 2,772 SF
Average Occupancy 100%
Number of Floors 4
Year Built 1970

Unit Mix Information

Description No. Units Avg. Rent.Mo SF
2+1 3 - -
1+1 1 - -
Walk Score ®
Walker's Paradise (95)
Transit Score ®
Excellent Transit (82)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®
  • Listing ID: 31780915

  • Date on Market: 13/05/2024

  • Last Updated:

  • Address: 73 Sussex St, Jersey City, NJ 07302

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