Matthews™ is pleased to exclusively present for sale 113–115 Wales Ave, Jersey City, NJ, a newly constructed six-unit multifamily investment opportunity located in the highly desirable Journal Square neighborhood. Built in 2015, the asset is 100% free market and currently operating at a 6.27% cap rate. The property features a strong unit mix of two- and three-bedroom apartments, each offering large layouts averaging ±1,333 square feet. Units include in-unit washer/dryers, stainless steel appliances, granite countertops, oversized closets, and central HVAC, along with private outdoor space for each unit. The property also offers four garage parking spaces in addition to two dedicated parking spaces per unit. Tenants are responsible for heat, hot water, cooking gas, and electric, while ownership covers water and sewer.
New Construction Opportunity
Building Highlights
Convenient Transportation
License #: 01469842 (NJ)
(201) 218-9156david.ferber@matthews.com