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Property profile & analytics
OFF-MARKET
Commercial real estate

412 2Nd St Jersey City, NJ 07302

1 SF Built 1898
Property ID
US59-1253830
Property summary
AI-generated overview

This exceptional three-unit apartment building, located in the heart of Downtown Jersey City at 412 2nd St, presents a compelling investment opportunity or ideal owner-occupied scenario. Built in 1898 and extensively renovated in 2024, this three-story building offers a blend of historic charm and modern updates. The property boasts a total of three units, currently operating at 33% occupancy. The asking price is $1,495,000. Unit one features a private backyard with a paved patio, providing a tranquil outdoor space. This unit also includes a kitchen equipped with sleek granite countertops and stainless steel appliances, including a refrigerator, gas range, and dishwasher. Units two and three are well-appointed one-bedroom units. The building's prime location in Downtown Jersey City ensures strong rental demand and potential for significant income generation. This property offers a rare combination of historical character, modern amenities, and a highly desirable location, making it an attractive investment for both seasoned investors and first-time buyers. The property is privately owned and comprises one building. The address is 412 2nd St, Jersey City, NJ 07302, within Hudson County.

Property profile
Verified
Property type Commercial real estate
Year built 1898
Total area 1 SF
UPID US59-1253830
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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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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