200 Lembeck Ave | Jersey City

$1,399,999 | 7 Baths (7 Half) | 4,284 Sq. Ft.

Investor's dream! This rare fully occupied 7-unit multifamily property in the heart of Jersey City is a turnkey investment generating strong, steady cash flow. Ideally located in a high-demand rental area, this well-maintained building offers easy access to public transportation and major highways. Just minutes from NYC, this property appeals to a broad tenant base of commuters and locals alike.Property Highlights:- Units: 7 total units, with a mix of spacious 1- and 2-bedroom apartments- Occupancy: 100% occupancy with stable, long-term tenants on all month-to-month leases.-Rental Income: Consistent cash flow with room for potential rent increases- Location: Prime Jersey City location, close to PATH trains, less than 1 mile to Danforth light rail, and bus lines- Condition: Well-maintained with some updates.- Amenities: Potential to add On-site laundry. GSMLS 3935664

Directions to property: 200 LEMBECK AVE JERSEY CITY,07305

MLS Listing ID: 
GSMLS 3935664
Listing Status
Status of the Listing.
Listing Status: 
Active
Listing Status (Local): 
Active
Listing Status Accepting Offers: 
1
Building Details
Details about the building on a property.
Stories: 
3
Year Built: 
1926
Living Area: 
4,284
Basement: 
Finished, Storage, Walkout
Construction
Construction Materials: 
Wood
Roof: 
Asphalt Shingle
Exterior: 
Wood
Energy Information: 
Gas-Natural
Room Details
Details about the rooms in the building.
Total Bedrooms: 
0
Total Bathrooms: 
7
Total Half-Bathrooms: 
7
Utilities
Information about utilities available on the property.
Heating System: 
1 Unit, Baseboard - Cast Iron
Heating System Fuel: 
Gas-Natural
Cooling System: 
Wall A/C Unit(s), Window A/C(s)
Water Source: 
Public Water
Sewer: 
Public Sewer
Lot/Land Details
Details about the lots and land features included on the property.
Acres: 
0.07
Lot Size (Dimensions): 
41.25X76.45
Waterfront: 
0
Lot Features
Driveway: 
None
Parking Type: 
None
Total Parking Spaces: 
0
Public Record
Parcel Number: 
1806-28603-0000-00040-0000-
Lot Number: 
40
Annual Tax: 
$14,762.00
Property Zoning: 
R-1
Listing Dates
Dates involved in the transaction.
Listing Entry Date/Time: 
11/22/2024
Contract Details
Details about the listing contract.
Inclusions: 
Heat, Water
Possession: 
0-30
Listing Participants
Participants (agents, offices, etc.) in the transaction.
Listing Office Name: 
REALTY ONE GROUP PARAMOUNT