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Property profile & analytics
OFF-MARKET
Commercial real estate

100 Sackett St Jersey City, NJ 07304

Built 2024
Property ID
US59-0794127
Property summary
AI-generated overview

This exceptional 17-unit apartment building, completed in 2024, presents a compelling investment opportunity in the vibrant Jersey City, NJ market. Located at 100-104 Sackett Street, 07304, this property boasts a strong financial profile, with a Net Operating Income (NOI) of $341,148 and a 5.94% capitalization rate. The asking price is $5,746,000, translating to an attractive price per unit of $338,000. Each of the 17 residential units features modern amenities including in-unit washer/dryers. Residents enjoy convenient access to a rooftop deck and a 12-car parking garage within the elevator building. All units are 100% free market, offering significant upside potential for rental income. This new construction property in Hudson County provides a rare opportunity to acquire a high-quality multifamily asset in a thriving urban location. The building's modern design and desirable amenities are sure to attract high-quality tenants, ensuring long-term stability and strong returns. This is an ideal investment for those seeking a well-positioned, high-performing multifamily property in a rapidly growing market.

Property profile
Verified
Property type Commercial real estate
Year built 2024
UPID US59-0794127
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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