33 Townhouse-Style Two-Story Buildings
The subject property is comprised to 33 townhouse-style buildings originally built in the early 1990's. The units are a combination of two and three-bedroom units spread among three parcels.
Property is currently exempt from real estate taxes. In lieu of real estate taxes, it is subject to an annual service charge for municipal services received based on an agreed-upon formula. The term of the abatement expires in January 2022.
Property is located in Ocean / Bayview Redevelopment Area.
390-406 Ocean Avenue: 15 x 3BR
507-523 Ocean Avenue: 4 x 2BR and 4 x 3BR
525-539 Ocean Avenue: 10 x 3BR
Package Sale: $3,200,000
Individual Sale:
390-406 Ocean Avenue: $1,450,000507-523 & 525-539 Ocean Avenue: $1,750,000
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What is the asking price for 390-406 Ocean Avenue 507-523 Ocean A in Jersey City?
The asking price for 390-406 Ocean Avenue 507-523 Ocean A is $3,200,000
What is the building size of this Multifamily property in Jersey City, NJ?
The size of the building/unit at 390-406 Ocean Avenue 507-523 Ocean A in Jersey City is 33,000 square feet
How much land does the Jersey City, NJ property at 390-406 Ocean Avenue 507-523 Ocean A include?
390-406 Ocean Avenue 507-523 Ocean A in Jersey City includes 1.560 acres of land
What is the population within 1 mile of 390-406 Ocean Avenue 507-523 Ocean A in Jersey City?
The population within 1 mile of 390-406 Ocean Avenue 507-523 Ocean A Jersey City, NJ 07305 is 60,004 people.
Who do I contact for questions about 390-406 Ocean Avenue 507-523 Ocean A?
You should contact the listing agent,
Justyna Kuczaj, for any details regarding this commercial listing.
