12-Unit Apartment
For Sale
Contact for pricing
200 Dwight Street, Jersey City, NJ 07305
Twelve residential units with a mix of one- and two-bedroom apartments totaling 10,317 square feet.
Property Size10,300 SF
Days on Market19
Property Features for 200 Dwight Street
General Information
Standard status
Active
Size
10,300 SF
Property subtype
Multifamily
Occupancy
97%
Additional Details
Multifamily Units
12
Amenities
12-Unit Brick Walk-Up Apartment Building with a Strong Unit Mix of Predominantly 2-Bedroom Layouts
54% Rent Upside Captured Through Capital Improvements and Lease-Up of Below-Market In-Place Rents
Value-Add Opportunity to Improve Unit Layouts — Reconfigure and Modernize Floor Plans to Maximize Livability and Rent Growth
Priced Below Comparable Market Pricing
Building Details
Building Size
10,300 SF
Units
12
Listing Agency:
Marcus & Millichap - New Jersey
(201) 742-6121
Listed By:
Jonathan Zamora · License #License(s): NJ: 1222363
(201) 742-6121
Source:
Marcusmillichap
Added: Jul 23
Changed: Aug 8
Last Checked: Aug 10 at 2:27AM
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 Marcus & Millichap - New Jersey
Investment Insights
Based on property information with market context.
200 Dwight Street is a 12-unit residential building comprising four 1-bedroom apartments and eight 2-bedroom apartments for a total of 10,317 square feet. The property’s current performance is approximately $91,209 in Net Operating Income.
In-place rents are below market, with 1-bedrooms averaging $1,293 per month compared to a $1,800 market rent, and 2-bedrooms averaging $1,323 per month compared to a $2,150 market rent. The offering materials estimate roughly 55% gross rent upside through unit renovations, tenant turnover, and operational improvements.
Upon stabilization, the projected Net Operating Income is $132,746. The property is located in the Southside neighborhood of Jersey City, New Jersey.
In-place rents are below market, with 1-bedrooms averaging $1,293 per month compared to a $1,800 market rent, and 2-bedrooms averaging $1,323 per month compared to a $2,150 market rent. The offering materials estimate roughly 55% gross rent upside through unit renovations, tenant turnover, and operational improvements.
Upon stabilization, the projected Net Operating Income is $132,746. The property is located in the Southside neighborhood of Jersey City, New Jersey.
Key Highlights
- 12‑unit residential building at 200 Dwight Street in Jersey City’s Southside neighborhood
- Unit mix: four 1‑bedroom and eight 2‑bedroom apartments
- Building totals 10,317 SF
Property Analytics
Current Use
Lease Details
12
Residential units
Location Intelligence
Trade Area within ½ mile
1,870
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
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 - Twelve residential units with a mix of one- and two-bedroom apartments totaling 10,317 square feet.
Where is this apartment building located?
The property is located at 200 Dwight Street Jersey City, NJ.
What are key features of this property?
This property features: 12‑unit residential building at 200 Dwight Street in Jersey City’s Southside neighborhood; Unit mix: four 1‑bedroom and eight 2‑bedroom apartments; Building totals 10,317 SF
