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Archived about 6 years ago

$599,000

4 bd 2 ba 0 sqft

XXX Bleeker Street, Jersey City, NJ 07307

Residential Duplex Occupied Needs Repairs Off MLS

Current Rent **

$3,000

Projected Rent **

N/A

Estimated Cap Rate *

Pro Only

Estimated Cash on Cash ROI *

Pro Only

Unit 1 Details
  • Current Rent: $1,500
  • Bedroom: 2 bd
  • Bathroom: 1 ba
  • Square Footage: 0 sqft
  • Occupied: Yes
  • Needs Repairs: Yes
  • Off MLS: Yes
Unit 2 Details
  • Current Rent: $1,500
  • Bedroom: 2 bd
  • Bathroom: 1 ba
  • Square Footage: 0 sqft
  • Occupied: Yes
  • Needs Repairs: Yes
  • Off MLS: Yes

Jersey City Heights - Off Market - 2 Family

JC Heights / Bleeker Street 2 Family property being offered "off-market" for the next week at a below market price of $599k. If Bleeker St. is not sold in next week it will go up on MLS at a $650k price point.

This property has 2 units + a basement bonus unit (could be adjoined with 1st floor to make a duplex unit).

Each of the 2 units are currently rented for $1500 & basement unit is vacant.

$80k Cosmetic rehab needed (approx +/-)

ARV: $800k +

Text or Email with questions/Interest
Ian Cramsey: 917.312.1022
[email protected]

Location:

XXX Bleeker Street, Jersey City, NJ 07307

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* The cap rate and cash on cash return calculations found on BiggerPockets Listings are estimated and designed to be used for informational and educational purposes only, and when used alone, do not constitute investment advice. They assume 3 months worth of expenses and estimate taxes and insurance. BiggerPockets recommends that you seek the advice of a real estate professional before making any type of investment. The results presented may not reflect the actual return of your own investments. BiggerPockets is not responsible for the consequences of any decisions or actions taken in reliance upon or as a result of the information provided by these tools. Furthermore, BiggerPockets is not responsible for any human or mechanical errors or omissions.

** Current rent and projected rent are provided by the lister.

† Rental comps are pulled by looking at property characteristics (beds, baths, structure type), date the rent listing was captured, and proximity to the searched location.

‡ Confidence levels range from low to very high. Confidence is determined by the number of recent and relevant comparable properties for any given search. A very high confidence level indicates a high number of recent and similar rental listings.