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$ 700,000
Est. payment /mo
Open
140 Monticello Ave Jersey City, NJ 07304-2514
4 Beds
2 Baths
1,512 Sqft Lot
Open House
Sun Nov 01, 9:00 am - 10:30 am
UPDATED:
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
Bedrooms 4
Full Baths 2
Lot Size 1,512 Sqft
Property Description
EXCLUSIVE OFFERING: 140 Monticello Avenue is a three-unit, mixed-use investment property located in the McGinley Square section of Jersey City, New Jersey, approximately one mile from the Journal Square PATH transit hub. The offering presents a rare value-add opportunity: the building's exterior has been fully rehabilitated — including new roofing and windows — while the interior has been completely gutted, giving an incoming owner a clean slate to design and finish two residential units and one ground-floor commercial storefront to their own specifications and target tenant profile.
Given the completed exterior scope and blank-slate interior, the transaction is best suited to a buyer with renovation experience or a construction budget in place to complete the interior build-out and bring the asset to stabilization.
OFFERS DUE: Tuesday, November 3rd at 5pm. Submit via link: https://forms.clickup.com/2297337/f/263ft-69074/71WMS3OFWYQG3174P7
Given the completed exterior scope and blank-slate interior, the transaction is best suited to a buyer with renovation experience or a construction budget in place to complete the interior build-out and bring the asset to stabilization.
OFFERS DUE: Tuesday, November 3rd at 5pm. Submit via link: https://forms.clickup.com/2297337/f/263ft-69074/71WMS3OFWYQG3174P7
Location
State NJ
County Hudson
Listed by Joseph Nastu • The Property People Group
Will Alfaro
Broker Associate, CEO and Founder of The Property People License ID: REC# 0454178