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2767 John F Kennedy Blvd Jersey City, NJ 07306

Sponsored
For Sale
$1,200,000

High-Yield Rooming House, PATH Access

Description

Added:
Dec 11, 2024
Days on Market:
391
This exceptional Jersey City investment opportunity presents a two-story commercial building with a third-floor apartment, situated at 2767 John F Kennedy Boulevard, 07306. The property, totaling 0.057 acres, is zoned for commercial use and currently operates as a licensed rooming house. The building features two offices on the first floor, generating a portion of the current income stream. The second floor comprises five furnished rooms, two of which share a common area, contributing to the substantial monthly rental income. A one-bedroom apartment occupies the entire third floor. All current rental units are month-to-month, offering immediate flexibility for the new owner. The property boasts a current monthly rental income of $4,080 (excluding one office), presenting a strong potential for increased revenue through lease agreements and market-rate adjustments. Conveniently located with easy access to the PATH train and local bus routes, this property offers exceptional accessibility and high tenant demand. The building's current configuration, combined with its prime location and existing income stream, makes it an attractive investment opportunity in the thriving Jersey City market. The asking price is $1,200,000. The property has no existing leases. This is a licensed rooming house in New Jersey.

Property Features for 2767 John F Kennedy Blvd

General Information

Property type
Multifamily properties

Building Details

Stories
2

Property Profile Location Intelligence

Current Use by Public Records

Commercial real estate

Suggested Use

Law Firm Restaurant Realty agency Spa & Massage Hair Salon Dental Office Clothing Store Nail Salon Food Market Skin Care Clinic

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
Jersey City
County
Hudson
State
New Jersey
Longitude
-74.0711359
Latitude
40.7329808

FAQs

What type of property is this?
Multifamily property - High-Yield Rooming House, PATH Access
Where is this multifamily property located?
The property is located at 2767 John F Kennedy Blvd Jersey City, NJ.
What is the asking price?
The asking price for this property is $1,200,000.
More about this property
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