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Jersey City Multifamily Investment Property
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202 Hutton St, Jersey City, NJ 07307

Six-unit multifamily property in Jersey City Heights with income potential.

Property SizeContact for details
Days on Market198

Property Features for 202 Hutton St

General Information

Standard status Active
Property subtype Multifamily
Zoning R-2
Listing Agency: Keller Williams City Views
Listed By: Baruch Schwartz · License #NJ 0451343
Source: Crexi
Added: Jan 27 Changed: Aug 8 Last Checked: Jul 19 at 3:50AM

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 Keller Williams City Views

Investment Insights

Based on property information with market context.

This six-unit multifamily property is located in Jersey City Heights. The property generates over $147,000 in gross annual rent. Each unit features two bedrooms plus a den. The building has separate utilities. Situated just off Kennedy Boulevard, the property benefits from access to public transportation, parks, neighborhood retail options, and major commuter routes. The Heights is a residential neighborhood with renter demand due to its proximity to New York City, limited multifamily inventory, and neighborhood amenities. The asset offers in-place income with long-term upside potential.

Key Highlights

  • High Gross Annual Rent Roll: Generates over $147,000 annually
  • Desirable Location: Situated in the well‑established and desirable Jersey City Heights
  • Strong Renter Demand due to proximity to NYC and limited multifamily inventory

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Nursing Home Catering Service Locksmith (Bike/Boat/Book/etc) Store Clothing & Fashion Store Veterinary Clinic

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

4,179
Businesses Nearby

Demographics for 07307, NJ

44,247
Population
18,762
Households
2.4
Avg Household Size
35
Median Age
46%
College-Educated
87%
High-School Grad
1.9 sq mi
ZIP Area
23,288
Density / Sq Mi
$80,745
Median Household Income
$52,729
Median Earnings
$1,708
Median Rent
$574,000
Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Apartment building - Six-unit multifamily property in Jersey City Heights with income potential.
Where is this apartment building located?
The property is located at 202 Hutton St Jersey City, NJ.
What is the asking price?
The asking price for this property is $1,425,000.
What are key features of this property?
This property features: High Gross Annual Rent Roll: Generates over $147,000 annually; Desirable Location: Situated in the well‑established and desirable Jersey City Heights; Strong Renter Demand due to proximity to NYC and limited multifamily inventory
(201) 592-8900 Call to check price and availability
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