Five-Unit Apartment
For Sale
Contact for pricing
117 STERLING AVE, Jersey City, NJ 07305
All apartments are occupied, with a mix of two-bedroom and three-bedroom layouts.
Property SizeContact for details
Days on Market17
Property Features for 117 STERLING AVE
General Information
Standard status
Active
Property subtype
Multifamily
Occupancy
100%
Net Operating Income
$72,771
Units
Unit Mix
4 x 2BR, 1 x 3BR
Multifamily Units
5
Additional Details
Gross Income
$106,092
Listing Agency:
Prominent Properties Sotheby's International Realty
Listed By:
Basilio Rivera · License #1008875
(201) 333-7717
Source:
Crexi
Added: Sep 9
Changed: Sep 19
Last Checked: Sep 24 at 9:42AM
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 Sotheby's International Realty
Investment Insights
Based on property information with market context.
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
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
Current Use
Lease Details
5
Residential units
100%
Occupancy
Location Intelligence
Trade Area within ½ mile
1,451
Businesses Nearby
Explore this area
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Multifamily in Northeast region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
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
