68 Lexington Ave Jersey City, NJ 07304
Well-maintained three-family property with income potential in Jersey City.
Lot size:
0.06 AcresProperty Features for 68 Lexington Ave
General Information
- Lot size
- 0.06 Acres
Source: MODERN SPACES NJ LLC
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
Overview
Three-Family Property in Jersey City
Located in Jersey City, this three-family property at 68 Lexington Ave is a maintained asset that combines income production with commuter convenience. The property generates $69,000 in annual gross rent from three fully occupied units rented on a month-to-month basis. The property offers income and the flexibility to reposition for returns. The property represents a 6% cap rate at the $899,000 list price and the ability to reach a 7% with rent adjustments.
Location Intelligence
Current Use by Public Records
Triplexes
Location Insight
- Map
- Local Demand
- City
- Jersey City
- County
- Hudson
- State
- New Jersey
- Longitude
- -74.0799087
- Latitude
- 40.7184503
Nearby Similar for Sale
FAQs
What type of property is this?
Triplex - Well-maintained three-family property with income potential in Jersey City.
Where is this triplex located?
The property is located at 68 Lexington Ave Jersey City, NJ.
What is the asking price?
The asking price for this property is $899,000.
What are key features of this property?
This property features: - Premier commuter convenience in a dynamic, appreciating Jersey City corridor.; - Turnkey three-family property generating $69,000 in annual gross rent.; - Fully occupied, month-to-month units providing dependable income.