Jersey City, NJ 07304 · Investment · For Sale · MLS 260019173
187 Pine St
$1,500,000
Investment
Use
6
Units
6
Parking spaces
6
Days Listed
About this property
This solid, detached six-unit brick building sits on an oversized 53 x 112 lot in a prime Bergen-Lafayette location. It's fully occupied, producing income from day one, and also offers the long-term investor the possibility of a future condo conversion. Five 3 bed, 1 bath apartments and one 2 bed, 1 bath apartment make up the unit mix. The building is clean and well maintained, and every unit is separately metered for gas and electric with its own heat and hot water. A private driveway provides off-street parking for multiple cars. Currently used only by the building manager, the spaces can be rented out as an immediate value add that increases income right away. Liberty State Park, its light rail station, and the many shops and restaurants that trendy Bergen-Lafayette has to offer are all a short walk away.
Property specifications
The details
Property TypeCI Investment
SubtypeInvestment
UseInvestment
OfferedFor Sale
LocationJersey City, NJ 07304
MLS #260019173
Space
Units6
Stories4
Site & exposure
Parking spaces6
Investment
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 187 Pine St?
The asking price is $1,500,000.
What is 187 Pine 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 187 Pine 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.
