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409 Ocean Ave, Jersey City, Greenville, NJ 07305
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$4,000,000
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Home Details for 409 Ocean Ave
Price
$4,000,000
Type
Commercial/Industrial
County
Hudson
Tax
$55,644
MLS®️ Listing#
250014106
On exitrealty.com
127 days
Listing Courtesy: EXP REALTY LLC - 866-201-6210
Property Description
"THE OCEAN" is a "CLASS A" mixed use 17 unit brick building, located in the vibrant section of Greenville Jersey City!!! This 3 story walkup has gone through a complete renovation and conversion from warehouse to residential. The property offers a strong mix of 12-two bedroom, with 4-one bedroom units. Plus an approx 1400 sqf retail space being leased to a local daycare. All units feature hardwood floors, granite countertops, central AC, washed dryer hookups in the units with many more upgrades. All utilities such as heat, gas, hot water and electric are separate and paid by the tenants. Currently generating strong rental income of an approx. 7.5% cap rate with room for upside. The property has never been registered yet since the rehabilitation. Conveniently located a few blocks to the LIGHT RAIL, buses, highways, shopping, Bayside and Liberty Parks and so on!! Inquire for more info today!!!
The data relating to real estate for sale or rent on this website comes in part from the IDX program of the HCMLS. Real estate listings held by brokerage firms other than EXIT Realty are marked with the HCIDX mark and the information about them includes the name of the listing broker. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed. Copyright ©2025 HCMLS. All Rights Reserved.
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