202 Hutton St

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202 Hutton St

Jersey City, NJ 07307
Asking Price
Contact for price
Asset Type
Apartment Building Multifamily
Class
Class B

AI Property Summary

Structured overview optimized for LLM context (ChatGPT, Perplexity, Claude).

  • Multifamily apartment building located in Jersey City
  • Asset offered for sale at $1,418,000
  • Investment opportunity delivering a 6.65% cap rate
  • Property situated at 202 Hutton St in New Jersey
  • Residential asset positioned in a high-density urban market

What's Special

This multifamily apartment building at 202 Hutton St presents an investment asset in Jersey City. Situated within a high-density urban environment, the property benefits from proximity to the expanding economic base of the New York metropolitan area and regional transit corridors. The structure is designed for residential occupancy and aligns with the demand for rental housing in this established neighborhood. Investors may leverage the existing configuration to maintain steady cash flow, while the location offers long-term potential in a market characterized by consistent tenant demand. The site is positioned to serve individuals seeking access to major employment hubs throughout Hudson County and beyond. This acquisition provides a defined opportunity to secure a income-producing asset within an accessible submarket known for its diverse residential character and dense population base.

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NOI
$80,000
Cap Rate
8.00%
DSCR
1.35
Strong
Cash-on-Cash
6.88%
Monthly Payment
$4,947.454
Annual Cash Flow
$20,630.547

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