Five-Unit Apartment
117 STERLING AVE, Jersey City, NJ 07305
For Sale
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All apartments are occupied, with a mix of two-bedroom and three-bedroom layouts.
Property SizeContact for details
Days on Market62
Property Features for 117 STERLING AVE
General Information
Standard status
Property subtype
Occupancy
Net Operating Income
Site & Location
Neighborhood
Units
Unit Mix
Multifamily Units
Additional Details
Gross Income
Listing Agency:
Prominent Properties Commercial
Listed By:
Basilio Rivera · License NJ #1008875
(201) 333-7717
Source:
Crexi
Added: Sep 9
Changed: Nov 6
Last Checked: Nov 8 at 6:32AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Prominent Properties Commercial
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Investment Insights
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Located at 117 Sterling Avenue in Jersey City’s Greenville neighborhood, this legal five-family property contains 5 occupied apartments: 4 two-bedroom units and 1 three-bedroom unit. Three apartments have been renovated, while the remaining two are occupied and unrenovated.
The property also includes a vacant basement studio that is not independently rentable as a unit. It may be incorporated into the adjoining three-bedroom apartment as bonus space or considered for an in-house superintendent’s unit. Two on-site storage sheds are available, and the superintendent unit is currently below its registered rent. A steam boiler and hot water heater were replaced in 2025. Seller financing for a portion of the purchase price may be considered for a qualified buyer.
The property also includes a vacant basement studio that is not independently rentable as a unit. It may be incorporated into the adjoining three-bedroom apartment as bonus space or considered for an in-house superintendent’s unit. Two on-site storage sheds are available, and the superintendent unit is currently below its registered rent. A steam boiler and hot water heater were replaced in 2025. Seller financing for a portion of the purchase price may be considered for a qualified buyer.
Key Highlights
- 5‑unit legal multifamily property in Jersey City’s Greenville neighborhood
- Unit mix includes 4 two‑bedroom apartments and 1 three‑bedroom apartment
- All 5 apartments are currently occupied
Property Analytics
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Lease Details
5
Residential units
100%
Occupancy
Location Intelligence
Trade Area within ½ mile
1,451
Businesses Nearby
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Business Placement
Demographics for 07305, NJ
67,947
Population
28,297
Households
2.4
Avg Household Size
36
Median Age
35%
College-Educated
88%
High-School Grad
5.7 sq mi
ZIP Area
11,921
Density / Sq Mi
$77,126
Median Household Income
$47,822
Median Earnings
$1,610
Median Rent
$418,200
Median Home Value
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Market
Properties on Market for Apartment buildings in Jersey City
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Apartment building - All apartments are occupied, with a mix of two-bedroom and three-bedroom layouts.
Where is this apartment building located?
The property is located at 117 STERLING AVE Jersey City, NJ.
What is the asking price?
The asking price for this property is $999,000.
What are key features of this property?
This property features: 5‑unit legal multifamily property in Jersey City’s Greenville neighborhood; Unit mix includes 4 two‑bedroom apartments and 1 three‑bedroom apartment; All 5 apartments are currently occupied
