Listing Agency: Matthews

Listed By: David Ferber · License #1974915

Source: Crexi

Added: Apr 24 Changed: Aug 30 Last Checked: Aug 30 at 8:49AM

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Investment Insights

Based on property information with market context.

This Jersey City apartment property contains six residential units and has undergone a comprehensive gut renovation. The building is located at 203 Garfield Ave, Jersey City, NJ 07305.

Key Highlights

• Six residential units
• Comprehensive gut renovation completed
• 203 Garfield Ave, Jersey City, NJ 07305

Property Analytics

Property Profile

Current Use

Apartment buildings

Suggested Use

Top Pick Law Firm Real Estate Agency Parking Lot & Garage Skin Care Clinic Acupuncture (Bike/Boat/Book/etc) Store

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

Lease Details

6

Residential units

Location Intelligence

Trade Area within ½ mile

993

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

4% 2022

4.6% 2023

5.3% 2024

5.6% 2025

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Frequently Asked Questions

What type of property is this?

Apartment building - Multi-unit residential property with comprehensive interior renovation completed.

Where is this apartment building located?

The property is located at 203 Garfield Ave Jersey City, NJ.

What are key features of this property?

This property features: Six residential units; Comprehensive gut renovation completed; 203 Garfield Ave, Jersey City, NJ 07305