Matthews™ is pleased to exclusively present for sale 590 Bergen Ave, Jersey City, NJ, a 26-unit multifamily investment opportunity located in the prime McGinley Square neighborhood. The offering presents a compelling value-add opportunity with approximately 28% upside and a 6.55% cap rate. The asset features renovated units, separately metered apartments, on-site laundry and 14 parking spots. Tenants are responsible for heat, hot water, cooking gas and electric; the landlord covers water/sewer and common area electric.
Value-Add Opportunity
Building Highlights
Convenient Transportation
License #: 01469842 (NJ)
(201) 218-9156david.ferber@matthews.com