541 Newark Avenue

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541 Newark Avenue

Jersey City, NJ 07306
Asking Price
$2.05M
Asset Type
Apartment Building Retail
Class
Class B

What's Special

<p><strong>541 Newark Ave, Jersey City, NJ</strong></p><p> <strong>Prime Journal Square Mixed-Use Investment Opportunity!</strong> </p><p>Rare chance to acquire a <strong>stunning 6-unit mixed-use property</strong> in the heart of Jersey City's thriving Journal Square neighborhood. This <strong>state-of-the-art building</strong> features <strong>5 residential apartments and 1 commercial storefront</strong>, providing immediate cash flow and long-term upside in one of the area's most desirable in

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NOI
$80,000
Cap Rate
3.90%
DSCR
0.66
Underwater
Cash-on-Cash
-6.78%
Monthly Payment
$10,137.334
Annual Cash Flow
$-41,648.008

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