Jersey City, NJ 07307 · Investment · For Sale · MLS 260007078
198 Griffith St
$1,435,000
Investment
Use
6
Units
98
Days Listed
About this property
Solid modern and renovated 6 Unit residential investment property centrally located in Jersey City Heights one of Jersey City's most sought-after neighborhoods, and in walking distance to stores, shops, restaurants & transportation. Where solid 6 unit class A investments are hard to come by. This property checks all the boxes investors are looking for. Strong Cash Flow of $134,666.64, Updated and Modern Units, high demand units that cater to both single occupant or family occupant tenants that will provide minimum vacancy throughout the ownership. Four units were gut renovated approximately 12 to 15 years ago and 2 units were renovated within the last 3 years. All 6 units have modern appliances, granite or quartz countertops
Property specifications
The details
Property TypeCI Investment
SubtypeInvestment
UseInvestment
OfferedFor Sale
LocationJersey City, NJ 07307
MLS #260007078
Space
Units6
Stories3
ConstructionFrame
Building systems
SprinklersNone
Investment
Annual taxes$18,253
Est. gross income$134,666
Est. operating expense$36,764
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 198 Griffith St?
The asking price is $1,435,000.
What is 198 Griffith 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 198 Griffith 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.
