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    134 Cottage St

    Jc, Journal Square, NJ 07306
    • $3,250,000
    • STATUS: Active
    • ON SITE: 135 days
    • MLS #: 210010676
    $3,250,000
    • 0
      BEDS
    • N/A
      ACRES
    • 12
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Commercial

    School Ratings & Info

    Description

    Incredible investment in JSQ redevelopment and opportunity zone! This ground-up newly constructed in 2017, 8 unit building consists of 3 one bed & one bath, 1 two bed & one bath, and 4 two bed & two bath units. 6 of the 8 units have outdoor space. All units feature washer dryer closets and on-demand hot water heaters, nd are equipped with wall units that provide heat and A/C on demand. All utilities are separate, and rent control does not apply. Gross income $195,600, 2020 expenses were ~ $ 26,800. 4.6% Cap rate. Conveniently located near the Journal Square Path station connecting you directly to Manhattan. Journal Square is the center of Hudson County's revitalization and provides great opportunity for long term demand increase. A great alternative for a 1031 exchange client. Tax abatement ends June 30th. 2022.

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    © 2021 Hudson County Multiple Listing Service. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Hudson Dwellings | PRIME Real Estate Group. The data relating to real estate for sale or lease on this web site comes in part from HCMLS. Real estate listings held by brokerage firms other than Hudson Dwellings | PRIME Real Estate Group are marked with the HCMLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Data last updated: 2021-09-17T00:25:50.513.
    www.hudsondwellings.com/homes/116770970
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    134 Cottage St Jc, Journal Square, NJ 07306

    • Price: $3,250,000
    • Status: Active
    • MLS #: 210010676
    0
    Beds
    12
    Baths
    0
    ½ Baths
    N/A
    Acres
    Neighborhood:
    Jc, Journal Square
    Area:
    Jc, Journal Square
    Property Description
    Incredible investment in JSQ redevelopment and opportunity zone! This ground-up newly constructed in 2017, 8 unit building consists of 3 one bed & one bath, 1 two bed & one bath, and 4 two bed & two bath units. 6 of the 8 units have outdoor space. All units feature washer dryer closets and on-demand hot water heaters, nd are equipped with wall units that provide heat and A/C on demand. All utilities are separate, and rent control does not apply. Gross income $195,600, 2020 expenses were ~ $ 26,800. 4.6% Cap rate. Conveniently located near the Journal Square Path station connecting you directly to Manhattan. Journal Square is the center of Hudson County's revitalization and provides great opportunity for long term demand increase. A great alternative for a 1031 exchange client. Tax abatement ends June 30th. 2022.
    Exterior Features

    Construction New 2017 Lot Size 25 X 100 Stories 3

    Interior Features

    One Bedrooms 3 Two Bedrooms 5

    Property Features

    Approximate Building Age 4 Yrs Commercial Type Investment Gross Income 195600 Internet Yes Operating Expenses 16690 Taxes 10172

    Listing provided courtesy of Weichert Realtors:201-333-4443.


    © 2021 Hudson County Multiple Listing Service. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Hudson Dwellings | PRIME Real Estate Group. The data relating to real estate for sale or lease on this web site comes in part from HCMLS. Real estate listings held by brokerage firms other than Hudson Dwellings | PRIME Real Estate Group are marked with the HCMLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Data last updated: 2021-09-17T00:25:50.513.
     
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