Matthews™ is pleased to exclusively present for sale 201 Claremont Ave, a 17-unit multifamily investment opportunity located in the Bergen-Lafayette neighborhood of Jersey City. The property represents a compelling value-add opportunity with a 7.04% cap rate and approximately 33% upside through continued rent growth. The brick building features a strong mix of two- and three-bedroom apartments, with renovated units offering immediate cash flow and long-term appreciation potential. The tenants are responsible for cooking gas and electricity, while the landlord covers heat, hot water, common area electric, water, and sewer.
Value-Add Opportunity
Building Highlights
Convenient Transportation
License #: 01469842 (NJ)
(201) 218-9156david.ferber@matthews.com