
Description
!! 6.01% CAP Rate !! Confirmation that exceptional opportunities still exist - an oversized legal six family property with untold future development potential in one of the New York metro's fastest growing areas, Jersey City Heights. Currently generating $16,020 per month - 6.01% CAP Rate - 100 Lincoln Street is a fully detached three-story building on a 25'x111' AV. lot with a full basement that was gut renovated in 2021. It is comprised of six thoroughly modern two bedroom, one-and-a-half bathroom residences with central air conditioning and heating, and full-size in-residence washer/dryers that were originally conceived of and built as condominiums. Each fully occupied unit offers residents a private storage area in the basement as well as access to the 945 SF rear garden.
-
12BEDS
-
0.06ACRES
-
6BATHS
-
61/2 BATHS
-
6,380SQFT
-
$368$/SQFT
School Information
Description
!! 6.01% CAP Rate !! Confirmation that exceptional opportunities still exist - an oversized legal six family property with untold future development potential in one of the New York metro's fastest growing areas, Jersey City Heights. Currently generating $16,020 per month - 6.01% CAP Rate - 100 Lincoln Street is a fully detached three-story building on a 25'x111' AV. lot with a full basement that was gut renovated in 2021. It is comprised of six thoroughly modern two bedroom, one-and-a-half bathroom residences with central air conditioning and heating, and full-size in-residence washer/dryers that were originally conceived of and built as condominiums. Each fully occupied unit offers residents a private storage area in the basement as well as access to the 945 SF rear garden.
© 2025 Monmouth-Ocean MLS. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS or The CG Group | RE/MAX Revolution. Data last updated 2025-02-07T00:20:08.64.