1074 Summit Ave Immeuble residentiel 6 lots 2 097 862 € (349 644 €/Lot) Taux de capitalisation 6,05 % Jersey City, NJ 07307



INFORMATIONS PRINCIPALES SUR L'INVESTISSEMENT
- 5 out of 8 units fully renovated with market rate tenants.
- There is a rare 8-car surface parking lot.
- There are long-term Commercial tenants in the building.
- This property has 6 residential units and 2 commercial units.
- Located in a convenient area for commuters, close to the Hudson-Bergen Light Rail Elevator and numerous bus routes to NYC.
RÉSUMÉ ANALYTIQUE
Significant updates have been made to the property's infrastructure, ensuring a turnkey investment. The structural renovations include reframed and reinforced existing framing at the commercial level, a new electrical service with a line extended from the street, and updated gas and sewer lines. A new steel cellar door and a newly installed skylight enhance functionality and aesthetics. New NJ Green Card in 2024.
Exterior improvements feature new shop windows and doors for commercial spaces, a restored cast iron column entrance, and new siding on the ground level paired with a fresh repaint of upper levels. The cornice has been meticulously rebuilt, incorporating original elements where possible. The staircase railings and banisters have been refinished, while the parking lot is newly repaved and striped. Fob key front door access with video surveillance ensures enhanced security.
Inside, three of the residential units and the two storefronts have been completely gut renovated. These residential units feature all-new framing and sheetrock, new kitchens and bathrooms, as well as central heating and cooling for year-round comfort. The commercial interiors have been transformed with open layouts, each featuring an ADA-compliant bathroom and new HVAC systems. Restored original high ceilings and shop windows highlight the blend of historical character and contemporary style.
With the potential for an increased rent roll upon renovating the other three units when they become available, 1076 Summit Avenue presents a rare chance for savvy investors to acquire a well-positioned asset with significant upside potential in a thriving market. Don’t miss this opportunity to capitalize on the revitalization of one of Jersey City’s most desirable neighborhoods.
Exterior improvements feature new shop windows and doors for commercial spaces, a restored cast iron column entrance, and new siding on the ground level paired with a fresh repaint of upper levels. The cornice has been meticulously rebuilt, incorporating original elements where possible. The staircase railings and banisters have been refinished, while the parking lot is newly repaved and striped. Fob key front door access with video surveillance ensures enhanced security.
Inside, three of the residential units and the two storefronts have been completely gut renovated. These residential units feature all-new framing and sheetrock, new kitchens and bathrooms, as well as central heating and cooling for year-round comfort. The commercial interiors have been transformed with open layouts, each featuring an ADA-compliant bathroom and new HVAC systems. Restored original high ceilings and shop windows highlight the blend of historical character and contemporary style.
With the potential for an increased rent roll upon renovating the other three units when they become available, 1076 Summit Avenue presents a rare chance for savvy investors to acquire a well-positioned asset with significant upside potential in a thriving market. Don’t miss this opportunity to capitalize on the revitalization of one of Jersey City’s most desirable neighborhoods.
DATA ROOM Cliquez ici pour accéder à
BILAN FINANCIER (RÉEL - 2024) |
ANNUEL | ANNUEL PAR m² |
---|---|---|
Revenu de location brut |
156 744 €
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394,94 €
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Autres revenus |
-
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-
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Perte due à la vacance |
-
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-
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Revenu brut effectif |
156 744 €
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394,94 €
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Taxes |
14 366 €
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36,20 €
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Frais d’exploitation |
15 413 €
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38,83 €
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Total des frais |
29 779 €
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75,03 €
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Résultat net d’exploitation |
126 964 €
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319,90 €
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INFORMATIONS SUR L’IMMEUBLE
CARACTÉRISTIQUES
CARACTÉRISTIQUES DU LOT
- Climatisation
- Lave-vaisselle
- Plafond voûté
LOT INFORMATIONS SUR LA COMBINAISON
DESCRIPTION | NB DE LOTS | MOY. LOYER/MOIS | m² |
---|---|---|---|
1+1 | 4 | 1 820 € | 42 - 56 |
2+1 | 2 | 2 312 € | 70 |
1 of 2
Walk Score®
Idéal pour les promeneurs (95)
Bike Score®
Très praticable en vélo (73)
TAXES FONCIÈRES
Numéro de parcelle | 06-01503-0000-00001 | Évaluation totale | 657 873 € |
Évaluation du terrain | 211 616 € | Impôts annuels | 14 366 € (36,20 €/m²) |
Évaluation des aménagements | 446 258 € | Année d’imposition | 2024 |