100 Sackett StJersey City, NJ 07304

For Sale
$5,746,000

17 Units, New Construction, High NOI

Overview

Added:
Dec 11, 2024
Days on market:
92
This exceptional 17-unit apartment building, completed in 2024, presents a compelling investment opportunity in the vibrant Jersey City, NJ market. Located at 100-104 Sackett Street, 07304, this property boasts a strong financial profile, with a Net Operating Income (NOI) of $341,148 and a 5.94% capitalization rate. The asking price is $5,746,000, translating to an attractive price per unit of $338,000. Each of the 17 residential units features modern amenities including in-unit washer/dryers. Residents enjoy convenient access to a rooftop deck and a 12-car parking garage within the elevator building. All units are 100% free market, offering significant upside potential for rental income. This new construction property in Hudson County provides a rare opportunity to acquire a high-quality multifamily asset in a thriving urban location. The building's modern design and desirable amenities are sure to attract high-quality tenants, ensuring long-term stability and strong returns. This is an ideal investment for those seeking a well-positioned, high-performing multifamily property in a rapidly growing market.

Highlights

  • Brand New Construction (2024 Delivery)
  • 17 Residential Units
  • $338,000 Per Unit Price
  • In-Unit Washer/Dryer
  • Rooftop Deck
  • 12-Space Parking Garage

Property Details for 100 Sackett St

Property type
Multifamily properties, Apartment buildings
Year Built
2024
Units
17

Location Insight

City
Jersey City
County
Hudson
State
New Jersey
Latitude
40.717733087393
Longitude
-74.075341631598
100 Sackett St, Jersey City, New Jersey

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100 Sackett St
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