Active

259 3RD ST

Hoboken NJ, 07030

$2,500,000


Active

6 Baths

Commercial

It is not everyday that a six family building like 259 3rd st in Hoboken comes to market. This income producing asset has been family owned for decades and kept in remarkable condition. Located on 3rd street between Park and Willow, you could not ask for a better ideal neighborhood location. The building is fully rented at the moment with the current owners vacating their unit once the property is sold. Take this opportunity to be an owner/occupant and move in or rent it out at market rent, which would yield a potential 5.3% cap rate. This property features (4)one bedroom units and (2) three bedroom units, one of which is the owners suite. Newer furnace and water heaters operating in excellent order. All rents are registered and properly recorded with the city of Hoboken. Tenants pay electric, cooking gas and hot water. Immediately near Church Square Park, the hospital, houses of worship, shopping, the PATH and bus lines, restaurants, nightlife and so much more. This is a classic Hoboken offering that's worth the long term hold. Inquire within.

230020445

MLS ID

December 8, 2023

Listed

February 16, 2024

Updated

Map

259 3RD ST
Hoboken NJ, 07030

Interior Features

Bathrooms

6 Baths


Fireplace

No


Cooling

No


Heating

No

Exterior/Building Features

Other Property Details

Area Name

Hoboken


Days on Market

52


Garage

No


View

No


County

Hudson


Pool

No

Courtesy of LIBERTY REALTY LLC with ,
Listing Contact: 201-222-2900 

The IDX display contains information sourced from the Realty Multiple Listing System, Inc. as of 2/16/2024. This data is intended solely for personal, non-commercial use and is not to be utilized for any other purposes except to identify potential properties for purchase. Although the MLS data displayed is typically considered reliable, it is not guaranteed to be accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and are advised to conduct their own investigations or seek professional assistance. Other sources besides the Listing Agent may have contributed to the MLS data presented. Unless expressly specified in writing, the Broker/Agent has not confirmed any information obtained from external sources. The Broker/Agent may or may not have acted as the Listing and/or Selling Agent and cannot guarantee the accuracy of property locations displayed on any map. Any compensation offers are solely made to participants of the MLS where the listing is registered.

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Data last updated on 2/16/2024 at 2:12 AM UTC

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