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1153-1155 Summit Ave

Jersey City, Heights, NJ 07307
  • $1,550,000
  • STATUS: Active
  • ON SITE: 167 Days
  • ID#: 240012176
UPDATED: 74 min ago
$1,550,000
  • 0
    BEDS
  • N/A
    ACRES
  • 5
    BATHS
  • 2
    1/2 BATHS
Neighborhood:
Type:
Commercial
County:

School Ratings & Info

Description

Century 21 Preferred Realty and its Listing Agent Luis A Negron Jr is pleased to present this exclusive opportunity to purchase a strategically located investment property at 1153-1155 Summit Avenue on the corner of Summit Avenue and Poplar Street in Jersey City NJ (The-Heights) 07307. The investment property is comprised of 2 buildings, The First property is a 3 story mixed used building consisting of 1 Commercial (Deli/Convenient Store) and 2 Residential Apartments (3BR & 2BR). The second property is a 2 story building with 2 Residential Apartments (3BR Each). The property is 100% occupied and centrally located in the heights. 1153-1155 Summit Avenue is 1 short block from JF Kennedy Blvd with bus lines that service both the NY Port Authority and the JSQ Path Station as well as a 15 minute walk to the Congress Street Light Rail Station and with its close proximity to Route 3, 139, Pulaski Skyway, NJ Turnpike, GW Bridge, Holland & Lincoln Tunnels makes this property any Investors Dream. The property can be subdivided converting this 4 Residential and 1 Commercial into two Separate properties 1153 Summit Avenue (3 Apartments & 1 Commercial) 1155 Summit Avenue (3 Apartments) for a total of 7 units. Once the property is developed the Projected Yearly Gross Income Is Approximately between $240,000.00 and $258,000.00. Seperate Utilites. Owners pay W/S only.

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© 2024 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 Daunno Realty Services, LLC. 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 Daunno Realty Services, LLC 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: 2024-12-08T23:26:29.627.
www.daunnorealty.com/homes/151973593
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1153-1155 Summit Ave Jersey City, Heights, NJ 07307

  • Price: $1,550,000
  • Status: Active
  • On Site: 167 Days
  • Updated: 74 min ago
  • ID#: 240012176
0
Beds
5
Baths
2
½ Baths
N/A
Acres
Neighborhood:
Jersey City, Heights
County:
Hudson
Area:
Jersey City, Heights
Property Description
Century 21 Preferred Realty and its Listing Agent Luis A Negron Jr is pleased to present this exclusive opportunity to purchase a strategically located investment property at 1153-1155 Summit Avenue on the corner of Summit Avenue and Poplar Street in Jersey City NJ (The-Heights) 07307. The investment property is comprised of 2 buildings, The First property is a 3 story mixed used building consisting of 1 Commercial (Deli/Convenient Store) and 2 Residential Apartments (3BR & 2BR). The second property is a 2 story building with 2 Residential Apartments (3BR Each). The property is 100% occupied and centrally located in the heights. 1153-1155 Summit Avenue is 1 short block from JF Kennedy Blvd with bus lines that service both the NY Port Authority and the JSQ Path Station as well as a 15 minute walk to the Congress Street Light Rail Station and with its close proximity to Route 3, 139, Pulaski Skyway, NJ Turnpike, GW Bridge, Holland & Lincoln Tunnels makes this property any Investors Dream. The property can be subdivided converting this 4 Residential and 1 Commercial into two Separate properties 1153 Summit Avenue (3 Apartments & 1 Commercial) 1155 Summit Avenue (3 Apartments) for a total of 7 units. Once the property is developed the Projected Yearly Gross Income Is Approximately between $240,000.00 and $258,000.00. Seperate Utilites. Owners pay W/S only.
Exterior Features

Construction WoodCem Covered Parking No Lot Size 50x75 Number Parking Spaces 3 Stories 3

Interior Features

Four Plus Bedrooms 0 One Bedrooms 0 Three Bedrooms 3 Two Bedrooms 1

Property Features

Approximate Building Age 70 Commercial Type Investment Elevators No Flood None Fuel Gas Green Card Yes Gross Income 158500 Handicap Access No Internet Yes Lead Paint Form Yes Mixed Use Yes Operating Expenses 51384 Rent Control No Studios 0 Taxes 17260

Listing provided courtesy of CENTURY 21 PREFERRED REALTY INC:201-792-7601.


© 2024 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 Daunno Realty Services, LLC. 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 Daunno Realty Services, LLC 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: 2024-12-08T23:26:29.627.
 
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Daunno Realty Services, LLC
206 Westfield Avenue
Clark NJ, 07066