48-Unit Multifamily Investment
For Sale
Contact for pricing
150 Belmont Ave, Jersey City, NJ 07304
48 units with significant upside potential in Jersey City.
Property SizeContact for details
Days on Market136
Property Features for 150 Belmont Ave
General Information
Standard status
Active
Property subtype
Multifamily
Zoning
R-3
Listing Agency:
Matthews
Listed By:
David Ferber · License #1974915
Source:
Crexi
Added: Mar 27
Changed: Aug 8
Last Checked: Aug 8 at 2:53PM
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 Matthews
Investment Insights
Based on property information with market context.
This multifamily property features 48 units and presents a significant investment opportunity. The property offers a 44% upside and a 9.37% pro forma cap rate.
Key Highlights
- 9.37% Pro Forma Cap Rate
- Substantial 44% Upside
- 48 Units
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
3,176
Businesses Nearby
Explore this area
Business Placement
Demographics for 07304, NJ
48,681
Population
21,211
Households
2.3
Avg Household Size
35
Median Age
40%
College-Educated
90%
High-School Grad
2.1 sq mi
ZIP Area
23,181
Density / Sq Mi
$68,432
Median Household Income
$47,673
Median Earnings
$1,572
Median Rent
$489,400
Median Home Value
Market
Vacancy Rate% for Multifamily in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Apartment building - 48 units with significant upside potential in Jersey City.
Where is this apartment building located?
The property is located at 150 Belmont Ave Jersey City, NJ.
What are key features of this property?
This property features: 9.37% Pro Forma Cap Rate; Substantial 44% Upside; 48 Units
