120 JEFFERSON ST, HOBOKEN, NJ

120 Jefferson St, Hoboken, NJ

5,000 SF

$2,800,000

Available

120 JEFFERSON ST, HOBOKEN, NJ

Property Details

KW Commercial is pleased to offer 120 Jefferson St for sale in this convenient section of Downtown Hoboken. This is an 8 unit residential building with value-add potential above many existing improvements. Enter ownership with recent improvements including a new rubber roof, “Butterfly” intercom system, and a new cast iron entry staircase. Landlord expenses are streamlined by separated hot water, gas, and electric utilities for each unit. Great opportunity to own an income generating property in a vibrant upscale community.

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Agent info

Jason Trembicki

Commercial Real Estate Broker

Asking Price

$2,800,000

Cap Rate

5.67%

Gross Income

$212,664

Net Income

$158,640

About the Neighborhood

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