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| Description |
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BEST AND FINAL BY MONDAY, SEP 22 @ 12PM. Your Best Journal Square Investment Deal is finally here!! Welcome to 91 Romaine Ave, a seven-unit multifamily commercial property with an upside. Property is fully occupied with stable rents, on a 3,337 SQFT oversized lot in R3 Zone. Four(2, 5, 6, 7) of the 7 units have been recently renovated. Each unit comes with its own water boiler and PSEG meters. Landlord pays for water, sewer, common electric, trash removal and pest control. Buy and hold now, do capital improvements and raise the rents or condo convert and sell later.. While collecting rents and letting the property appreciate at 8% - 10% yearly rate, in the fastest redeveloping neighborhood of Jersey City, Prime Journal Square sub-market. Minutes to Journal Square Path Train, direct trains to NYC Downtown at World Trade Center and Midtown at 33rd Street Station.
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| Location |
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| Details |
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Architectural Type - MultiLevel
Basement - Partial Finish
Exterior Features - Brick
Cooling - A/C Wall, Hot Water
Heating - A/C Wall, Hot Water
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