Property summary
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
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Comparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
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Zoning
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No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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