Apartment Building with Updated
For Sale
Contact for pricing
151 Sip Avenue, Jersey City, NJ 07030
Multifamily property near PATH Train Station with on-site laundry, security, and separate utilities.
Property SizeContact for details
Days on Market143
Property Features for 151 Sip Avenue
General Information
Standard status
Active
Elevators
Yes
Property subtype
Multifamily, Land
Net Operating Income
$732,135
Site & Location
Public Transit
Yes
Utilities to Site
Yes
Units
Unit Mix
31 x 1BR, 10 x 2BR, 1 x studio, 1 x super's
Multifamily Units
42
Additional Details
Gross Income
$972,107
Amenities
security system
laundry in facility
Listing Agency:
Century 21 Semiao & Associates Lyndhurst
(201) 460-8000
Listed By:
Maggie Abdo-Manno CCIM · License #NJ 0457204
Source:
Crexi
Added: Apr 12
Changed: Aug 31
Last Checked: Aug 29 at 1:03PM
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 Century 21 Semiao & Associates Lyndhurst
Investment Insights
Based on property information with market context.
This multifamily property at 151 Sip Avenue includes a newly updated elevator, building security system, and an on-site laundry facility. Utility services are separate, and tenants pay heat, supporting a clearly defined operating setup. The property also reflects a 4% CPI increase.
Located in Journal Square, the building is within walking distance of the PATH Train Station, connecting the property to regional rail service and the surrounding Jersey City area. The combination of transit access, dedicated building systems, and resident laundry amenities provides a straightforward apartment-building configuration.
Located in Journal Square, the building is within walking distance of the PATH Train Station, connecting the property to regional rail service and the surrounding Jersey City area. The combination of transit access, dedicated building systems, and resident laundry amenities provides a straightforward apartment-building configuration.
Key Highlights
- Journal Square location within walking distance of the PATH Train Station
- Newly updated elevator
- Separate utility services; tenants pay heat
Property Analytics
Property Profile
Current Use
Lease Details
42
Residential units
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
4,771
Businesses Nearby
Explore this area
Business Placement
Demographics for 07030, NJ
60,456
Population
29,985
Households
2
Avg Household Size
32
Median Age
83%
College-Educated
97%
High-School Grad
1.2 sq mi
ZIP Area
50,380
Density / Sq Mi
$176,943
Median Household Income
$105,359
Median Earnings
$2,819
Median Rent
$872,100
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 - Multifamily property near PATH Train Station with on-site laundry, security, and separate utilities.
Where is this apartment building located?
The property is located at 151 Sip Avenue Jersey City, NJ.
What are key features of this property?
This property features: Journal Square location within walking distance of the PATH Train Station; Newly updated elevator; Separate utility services; tenants pay heat
