Listed by Michael Vera-Silva Realty One Group Paramount
$1,399,999
Est. payment /mo
Price Dropped by $100K
200 Lembeck Jersey City, NJ 07305
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UPDATED:
01/03/2025 04:22 AM
Key Details
Property Type Multi-Family
Sub Type 5+Family
Listing Status Active
Purchase Type For Sale
MLS Listing ID 24037110
Style 5+Family
Property Description
This rare, fully occupied 7-unit multifamily property in the heart of Jersey City is a turnkey investment generating strong and consistent cash flow. Featuring a mix of spacious 1- and 2-bedroom apartments, the building is 100% occupied by stable, long-term tenants on month-to-month leases, providing reliable income with potential for rent increases. Ideally located in a high-demand rental area, it's close to PATH trains, less than a mile from Danforth Light Rail, and near major bus lines, making it highly attractive to commuters and locals alike. This well-maintained property, with recent updates and the potential to add on-site laundry, offers unmatched convenience with easy access to public transportation, major highways, and NYC just minutes away. Don't miss this chance to invest in one of Jersey City's most sought-after neighborhoods!
Location
State NJ
County Hudson