Jersey City, NJ 07307 · Investment · For Sale · MLS 260004574
180 Thorne St
$1,299,000
Investment
Use
5
Units
3
Parking spaces
130
Days Listed
About this property
Turn-key investment opportunity! Legal 5-family corner property with strong income-producing potential. The building consists of four (4) 1-bedroom, 1-bathroom units and one (1) spacious 3-bedroom, 1-bathroom unit, offering a desirable mix that appeals to a variety of tenants. All utilities are separately metered, helping reduce owner expenses and simplify property management. The property is equipped with gas baseboard heating in all units. Additional features include a garage and parking for up to 3 vehicles. Situated on a desirable corner lot with convenient access to transportation, shopping, and local amenities. Ideal for investors seeking consistent cash flow, low operating expenses, and long-term appreciation potential. A great opportunity to add a solid multi-family asset to your investment portfolio.
Property specifications
The details
Property TypeCI Investment
SubtypeInvestment
UseInvestment
OfferedFor Sale
LocationJersey City, NJ 07307
MLS #260004574
Space
Units5
Stories3
Site & exposure
Parking spaces3
Investment
Annual taxes$15,831
Est. operating expense$4,240
Rent controlYes
Zoning & permitted use
Zoning and permitted-use codes are not published in the MLS IDX feed, so this page does not state one. Before you sign a lease or a contract, permitted use has to be confirmed with the Jersey City zoning office. Andrew Diaz can pull the full broker file and work that question through with you.
Location
Questions about this property
What is the asking price for 180 Thorne St?
The asking price is $1,299,000.
What is 180 Thorne St zoned for?
Zoning is not published in the MLS IDX feed, so this page does not state one. The listing describes the property as Investment, but permitted use must be confirmed with the Jersey City zoning office before you sign anything. Andrew Diaz can pull the full file and work that question through with you.
How do I tour 180 Thorne St?
Call or text Andrew Diaz at (551) 235-3473. He can arrange a walkthrough, pull the full broker file, and represent you through the purchase.
