** PRICE REDUCTION ** INVESTMENT OPPORTUNITY! ~8% Cap Rate based on projected Net Operating Income and ~6% Cap Rate based on actual NOI. Great investment property or perfect for an owner occupant. 2-Family home on a 25X110 lot in the Greenville section of Jersey City. Spacious and paved low maintenance backyard with shed for work or storage. Approx. 1 block from the MLK Blvd. NJ Light Rail Station for convenient transportation to downtown Jersey City or transfer to the PATH for access into NYC. 1 block to shopping and eateries on MLK Blvd. The property currently does not have a curb cut for parking; however, an interested buyer should reach out to the city to see if one is possible as there is ample room for parking. The property has 1 boiler, 1 hot water heater, 3 gas meters (2 units & common area), and 3 electric meters (2 units & common area). The tenants pay cooking gas and electric, the owner pays heat and hot water. Income/Expense Statement is available upon request.
Off market
$417,600
92 Orient Ave, Jersey City, NJ 07305
2beds
850sqft
MultiFamily
Built in 1965
-- sqft lot
$417,600 Zestimate®
$491/sqft
$2,396 Estimated rent
What's special
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 2
- Full bathrooms: 2
Heating
- Other, Gas
Appliances
- Included: Refrigerator
Features
- Basement: Crawl Space
- Has fireplace: No
Interior area
- Total interior livable area: 850 sqft
Property
Features
- Exterior features: Other, Vinyl
Lot
- Size: 2,766 sqft
Details
- Parcel number: 0622502000000048
Construction
Type & style
- Home type: MultiFamily
Materials
- Frame
- Roof: Other
Condition
- Year built: 1965
Community & neighborhood
Location
- Region: Jersey City
Other
Other facts
- Type: 2 Family
- EXTERIOR FINISH: Aluminum/Vinyl
- Lead Paint Form Y/N: Yes
- HEATING/COOLING: Gas
- BUILDING STYLE: Contemporary
- BASEMENT: Crawl Space
- PARKING AVAILABLE: Other-See Remarks
- Section: Greenville
- Taxes: 3519
Services availability
Get a cash offer in 3 minutes
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Estimated market value
$417,600
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$417,600