Technical
Financial
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Property profile

100 Sackett St Jersey City, NJ 07304

OFF-MARKET
Apartment buildings
Property ID
US59-0794127
Built 2024
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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 Apartment buildings
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

Location

100 Sackett St Jersey City, NJ 07304
Jersey City metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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