85 ZABRISKIE ST, Jersey City, NJ 07307
Local realty services provided by:Better Homes and Gardens Real Estate Elite
85 ZABRISKIE ST,Jc, Heights, NJ 07307
$2,700,000
- - Beds
- - Baths
- - sq. ft.
- Multi-family
- Active
Listed by: luiz bento
Office: xentry property group llc.212-661-2000
MLS#:260010609
Source:NJ_HCMLS
Price summary
- Price:$2,700,000
About this home
Exceptional investment opportunity in the highly desirable Jersey City Heights section. This 8-unit multifamily property offers immediate cash flow with substantial upside through the renovation and repositioning of under-market units. Current gross rental income is approximately $169,700 annually, with the potential to increase to over $225,900 annually after renovating Units 2, 5, and 7. At an offering price of $2,700,000, the property is operating at an estimated 4.79% cap rate with the potential to achieve an estimated 6.87% pro forma cap rate. Investors will appreciate the strong rental demand, proximity to transportation, shopping, dining, and continued growth throughout Jersey City Heights.Property is being sold as-is. Buyer to perform their own due diligence regarding income, expenses, rents, permits, and future projections.
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Home facts
- Listing ID #:260010609
- Added:104 day(s) ago
- Updated:September 28, 2026 at 03:33 PM
Heating and cooling
- Cooling:A/C Central, A/C Wall
- Heating:Baseboard, Hot Air
Structure and exterior
- Architectural Style:Multi-Level
- Construction Materials:Aluminum/Vinyl
Finances and disclosures
- Price:$2,700,000
- Tax amount:$23,230
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