NJ > Jc Greenville
Jc Greenville, NJ 07305,114 NEPTUNE AVE
Jc Greenville, NJ 07305,114 NEPTUNE AVE
Jc Greenville, NJ 07305,114 NEPTUNE AVE
3
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$1,350,000
Est. payment /mo
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12 Beds
6 Baths
New

114 NEPTUNE AVE Jc Greenville, NJ 07305

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2026
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Isaac De Castro

Isaac De Castro

+1(646) 626-7901

UPDATED:

Key Details

Property Type Multi-Family

Sub Type 4 Family

Listing Status Active

Purchase Type For Sale

MLS Listing ID 250025637

Bedrooms 12

Full Baths 6

HOA Fees $4/mo

Annual Tax Amount $14,147

Tax Year 2023

Lot Dimensions 31.9X133

Property Sub-Type 4 Family

Property Description

Presenting 114 Neptune Avenue, a substantial 6-unit multifamily investment opportunity located in the dynamic Greenville section of Jersey City. Built in 1920 and sitting on a large 31x133 lot, this 4,908 square foot property combines historic charm with solid investment fundamentals, offering 6.5% Cap Rate. The building comprises six large apartments, typically featuring flexible railroad-style layouts that can function as spacious 2-bedroom or efficient 3-bedroom units. These "bright and airy" units have a history of strong occupancy due to their size and affordability relative to Downtown Jersey City. Recent improvements in select units ensure competitive rental rates while leaving room for future value-add cosmetic renovations to push the rent roll even higher. Ideally situated for commuters and students, the property boasts a "Very Walkable" Walk Score of 82. It is located just minutes from New Jersey City University (NJCU), making it a prime location for student housing or faculty rentals. For NYC commuters, the NJ Transit #81 and #6 buses stop just around the corner, connecting directly to the PATH and Exchange Place. The Hudson-Bergen Light Rail (Danforth Ave Station) is also easily accessible.

Location

State NJ

County Hudson

Area Jc Greenville

Rooms

Basement Finished

Interior

Heating A/C Window, Baseboard, Electric

Cooling A/C Window, Baseboard, Electric

Exterior

Exterior Feature Aluminum/Vinyl

Parking Features None

Listed by COLDWELL BANKER REALTY

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Isaac De Castro

Isaac De Castro

Real Estate Advisor | 3561456; 1750974; 10401278264

+1(646) 626-7901

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