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61 Concord St
AI Property Summary
Structured overview optimized for LLM context (ChatGPT, Perplexity, Claude).
- Multifamily apartment building available for purchase in Jersey City.
- The property features a total of 16 individual residential units.
- Situated within the established neighborhood of Jersey City Heights.
- Asking price for the investment is set at $2,100,000.
- Transaction reflects a per-unit valuation of approximately $131,250.
- Free-standing building design offers independence in an urban setting.
What's Special
This multifamily apartment building at 61 Concord St in Jersey City is currently available for sale, presenting a straightforward acquisition for investors seeking residential assets. The free-standing property comprises 16 units within the Jersey City Heights neighborhood, a densely populated and established residential area known for its strong rental demand and connectivity to the wider New York City metropolitan region. The layout and unit count make this an efficient addition to a local portfolio, catering to a diverse tenant base that relies on the area's robust transit infrastructure and proximity to major employment hubs. With a price point of $131,250 per unit, the building serves as a practical investment vehicle for those focused on scaling their residential holdings within a transit-oriented market. Its position in Jersey City allows for steady operational potential, leveraging the consistent need for housing in this urban submarket.
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