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156 Saint Pauls Ave

Jersey City, NJ 07306
  • $825,000
  • STATUS: Active Under Contract
  • ON SITE: 64 Days
  • MLS #: 3836520
Under Contract
UPDATED: 67 min ago
$825,000
  • 5
    BEDS
  • 0.06
    ACRES
  • 3
    BATHS
  • 0
    1/2 BATHS
Type:
Multi-Family
Built:
1900
County:
Area:

School Ratings & Info

Description

Excellent Opportunity to own a 3 family income producing, 100% leased property, in prime Jersey City Heights location, at the right price! 156 St Pauls Ave has endless potential for an owner occupant or cash flow investor looking for multiple streams of income while building equity year over year. The property offers very comfortable layouts. Each of the three bright and airy apartments feature oversized Bedrooms and an additional Den space. Fitted with massive eat-in kitchens, spacious living rooms and one full bathroom. All utilities are separate. For an extended living space, the property has an unfinished walkout basement ready for your customization. 3 separate meters, Low taxes. Property has tons of upside potential with Pro-Forma rent increases by 20%. Conveniently located between Central and Summit Avenue. Bordering Journal Square, with easy commuting to wherever you need to be in NYC or NJ via Journal Square Path, 2nd street light rail and multiple bus lines. Close to shopping, schools, parks, restaurants. Book your appointment today before it's gone!

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Garden State MLS logo © 2023 Garden State Multiple Listing Service, LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or The Michele Klug Team | Keller Williams Towne Square Realty. Notice: The dissemination of listings on this website does not constitute the consent required by N.J.A.C. 11:5.6.1 (n) for the advertisement of listings exclusively for sale by another broker. Any such consent must be obtained in writing from the listing broker.The data relating to real estate for sale or lease on this web site comes in part from GSMLS. Real estate listings held by brokerage firms other than The Michele Klug Team | Keller Williams Towne Square Realty are marked with the GSMLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Data last updated 2023-06-07T23:46:44.11.
www.micheleklug.com/homes/138271652
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156 Saint Pauls Ave Jersey City, NJ 07306

  • Price: $825,000
  • Status: Active Under Contract
  • On Site: 64 Days
  • Updated: 67 min ago
  • MLS #: 3836520
5
Beds
3
Baths
0
½ Baths
0.06
Acres
1900
Built
County:
Hudson
Area:
Jersey City
Property Description
Excellent Opportunity to own a 3 family income producing, 100% leased property, in prime Jersey City Heights location, at the right price! 156 St Pauls Ave has endless potential for an owner occupant or cash flow investor looking for multiple streams of income while building equity year over year. The property offers very comfortable layouts. Each of the three bright and airy apartments feature oversized Bedrooms and an additional Den space. Fitted with massive eat-in kitchens, spacious living rooms and one full bathroom. All utilities are separate. For an extended living space, the property has an unfinished walkout basement ready for your customization. 3 separate meters, Low taxes. Property has tons of upside potential with Pro-Forma rent increases by 20%. Conveniently located between Central and Summit Avenue. Bordering Journal Square, with easy commuting to wherever you need to be in NYC or NJ via Journal Square Path, 2nd street light rail and multiple bus lines. Close to shopping, schools, parks, restaurants. Book your appointment today before it's gone!
Exterior Features

Approximate Lot Size 2500 Exterior Description Vinyl Siding Number Of Parking Spaces 0 Parking Driveway Description Off-Street Parking Roof Description Asphalt Shingle

Interior Features

Basement Yes Basement Description FullWalkout Cooling Window A/C(S) Heating 1 Unit Interior Features Smoke Detector Total Number Of Rooms 15 Unit1 Appliances Equipment Kitchen Exhaust FanMicrowave OvenRange/Oven - GasRefrigeratorSmoke Detector Unit1 Baths 1.0 Unit1 Bedrooms 1 Unit1 Fireplaces 0 Unit1 Handicap Modified No Unit1 Levels 1 Unit1 Room Description BedroomsDenKitchenLiving Room Unit1 Rooms 5 Unit1 Security Deposit 1550 Unit1 Sq Ft 838 Unit2 Appliances Equipment Kitchen Exhaust FanMicrowave OvenRange/Oven - GasRefrigeratorSmoke Detector Unit2 Baths 1.0 Unit2 Bedrooms 1 Unit2 Fireplaces 0 Unit2 Levels 2 Unit2 Room Description BedroomsDenKitchenLiving Room Unit2 Rooms 5 Unit2 Sq Ft 783 Unit3 Baths 1.0 Unit3 Bedrooms 1 Unit3 Fireplaces 0 Unit3 Levels 3 Unit3 Room Description BedroomsDenKitchenLiving Room Unit3 Rooms 5 Unit3 Sq Ft 783

Property Features

Assessment Total 460000 Building Assessment 220000 Easement No Expenses Include Hot & Cold WaterInsuranceTaxes Fha Age Restricted No Fuel Type Gas-Natural Gross Operating Income 54000 Land Assessment 240000 Net Operating Income 32800 Tax Amount 9743 Tax Rate Amount 2.118 Tax Rate Year 2022 Tax Year 2022 Total Operating Expense 21200 Unit Style 3-Three Story Unit1 Owner Tenant Pays Owner Pays ElectricOwner Pays GasOwner Pays HeatOwner Pays Water Unit1 Rent 1550 Unit2 Handicap Modified No Unit2 Owner Tenant Pays Owner Pays HeatOwner Pays WaterTenant Pays ElectricTenant Pays Gas Unit2 Rent 1500 Unit2 Security Deposit 1500 Unit3 Handicap Modified No Unit3 Owner Tenant Pays Owner Pays HeatOwner Pays WaterTenant Pays ElectricTenant Pays Gas Unit3 Rent 1400 Unit3 Security Deposit 1400 Utilities Gas-Natural Water Public Water Water Heater Gas Zoning R1

Listing information © 2023 Garden State Multiple Listing Service,LLC.
Listing provided courtesy of Exp Realty, Llc: 212-844-9393.


Garden State MLS logo © 2023 Garden State Multiple Listing Service, LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or The Michele Klug Team | Keller Williams Towne Square Realty. Notice: The dissemination of listings on this website does not constitute the consent required by N.J.A.C. 11:5.6.1 (n) for the advertisement of listings exclusively for sale by another broker. Any such consent must be obtained in writing from the listing broker.The data relating to real estate for sale or lease on this web site comes in part from GSMLS. Real estate listings held by brokerage firms other than The Michele Klug Team | Keller Williams Towne Square Realty are marked with the GSMLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Data last updated 2023-06-07T23:46:44.11.
 
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