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24 West Hamilton Place, Jersey City 24 W Hamilton Pl 4 Unit Apartment Building $2,300,000 ($575,000/Unit) 5.50% Cap Rate Jersey City, NJ 07302
Investment Highlights
- Downtown 4-family on Hamilton Park
- Close to trains to Manhattan
Executive Summary
Contact listing broker: Anthony Armagno at anthony.armagno@randrealty.com / call (201) 774-1277
A rare opportunity to own a distinguished 4 Family brick row home in one of Downtown Jersey City's most coveted locations, directly overlooking the iconic, tree-lined Hamilton Park. Blending timeless character with exceptional investment potential, this well-maintained property features 4 oversized one-bedroom residences, each offering spacious layouts, soaring ceilings, beautiful hardwood floors, abundant natural light, and separate, updated utilities for added efficiency and ease of ownership. Perfectly positioned just moments from the Grove Street and Newport PATH stations, residents enjoy an effortless commute to Manhattan while being surrounded by the neighborhood's renowned restaurants, cafes, boutiques, and the vibrant lifestyle that Hamilton Park is known for. Whether you're looking to expand your investment portfolio or acquire a trophy asset in one of Jersey City's most sought-after neighborhoods, this exceptional property offers the perfect combination of prime location, enduring charm, and outstanding long-term investment potential.
A rare opportunity to own a distinguished 4 Family brick row home in one of Downtown Jersey City's most coveted locations, directly overlooking the iconic, tree-lined Hamilton Park. Blending timeless character with exceptional investment potential, this well-maintained property features 4 oversized one-bedroom residences, each offering spacious layouts, soaring ceilings, beautiful hardwood floors, abundant natural light, and separate, updated utilities for added efficiency and ease of ownership. Perfectly positioned just moments from the Grove Street and Newport PATH stations, residents enjoy an effortless commute to Manhattan while being surrounded by the neighborhood's renowned restaurants, cafes, boutiques, and the vibrant lifestyle that Hamilton Park is known for. Whether you're looking to expand your investment portfolio or acquire a trophy asset in one of Jersey City's most sought-after neighborhoods, this exceptional property offers the perfect combination of prime location, enduring charm, and outstanding long-term investment potential.
Property Facts
| Price | $2,300,000 | Property Subtype | Apartment |
| Price Per Unit | $575,000 | Building Class | C |
| Sale Type | Investment | Lot Size | 0.02 AC |
| Cap Rate | 5.50% | Building Size | 4,423 SF |
| No. Units | 4 | No. Stories | 4 |
| Property Type | Multifamily | Year Built | 1862 |
| Zoning | Residential (NEC) | ||
| Price | $2,300,000 |
| Price Per Unit | $575,000 |
| Sale Type | Investment |
| Cap Rate | 5.50% |
| No. Units | 4 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Building Class | C |
| Lot Size | 0.02 AC |
| Building Size | 4,423 SF |
| No. Stories | 4 |
| Year Built | 1862 |
| Zoning | Residential (NEC) |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 4+4 | 4 | - | - |
1 1
Exceptionally walkable
100/100
Fairly drivable
50/100
Exceptional public transit
90/100
Moderately bikeable
60/100
Property Taxes
| Parcel Number | 06-10009-0000-00006 | Improvements Assessment | $1,196,000 |
| Land Assessment | $638,300 | Total Assessment | $1,834,300 |
Property Taxes
Parcel Number
06-10009-0000-00006
Land Assessment
$638,300
Improvements Assessment
$1,196,000
Total Assessment
$1,834,300
Contact
-
ANTHONY ARMAGNO -
Howard Hanna | Rand Realty
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24 West Hamilton Place, Jersey City | 24 W Hamilton Pl
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