68 LEXINGTON AVE new Save Request In-Person Tour Request Virtual Tour
Jc West Bergen,NJ 07304
Key Details
Property Type Multi-Family
Sub Type 3 Family
Listing Status Active
Purchase Type For Sale
MLS Listing ID 250023383
Bedrooms 8
Full Baths 3
Annual Tax Amount $9,527
Tax Year 2023
Lot Dimensions 25X98
Property Sub-Type 3 Family
Property Description
Welcome to 68 Lexington Ave- a beautifully maintained three-family property that perfectly blends stable income production with premier commuter convenience. Situated in one of Jersey City's most dynamic and appreciating corridors, this turnkey asset delivers both immediate cash flow and strong future growth potential. Currently generating $69,000 in annual gross rent from three fully occupied, month-to-month units, the property offers dependable income and the flexibility to reposition for even stronger returns. Representing a 6% cap rate at the $899,000 list price and the ability to reach a 7%+ with initial rent adjustments.
Location
State NJ
County Hudson
Area Jc West Bergen
Rooms
Basement Finished,Walk-Out
Interior
Heating Gas
Cooling Gas
Exterior
Exterior Feature Aluminum/Vinyl,Brick
Parking Features None