Downtown Jersey City Mixed-Use — Sale in Jersey City, NJ

  • Price: Contact for price
  • Listing type: For sale
  • Asset type: Business
  • Location: Jersey City, NJ 07302

Investment Figures

Cap rate
6.04%

Derived from the asking price and operating figures published for this listing. Informational only — not an appraisal, valuation or financial advice. Verify independently before relying on any figure.

Description

Marcus & Millichap is pleased to exclusively present 350-352 Grove Street, Jersey City, Hudson County, New Jersey. Investment Highlights: • Mixed-Use Property Consisting of One Retail Unit and 12 Residential Apartments with Separate Utilities • Significant Capital Improvements Recently made to the Exterior and Interior of the Building • Retail Space Gut Renovated by Tenant Showing Long Term Commitment to the Location

Market Context

This mixed use in Jersey City, NJ is listed for sale. It is offered at an approximate 6.0% capitalization rate, a key benchmark for income-producing mixed use assets. It has been on the market for 99 days. Compare it against other mixed use listings for sale in Jersey City, NJ — view the full market.

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