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Jersey City 6-Family near MLK Light Rail

$1,250,000

268 Forrest Street, Jersey City, NJ 07304

Active
Last Updated: 07/29/2026

5.6

Cap Rate

70,000

NOI

Details:
Cap Rate:    5.6%
NOI:    $70,000
Building Size:    4,500 sqft
Lot Area:    5,000 sqft
Units:    6
Description:

Jersey City, NJ 6-Family located 1 1/2 blocks from MLK Light Rail station and shopping center, as well as numerous stores. Property sits on 50' x 100' lot and has a side yard suitable for potential parking area. This is a 3-floor 4,500 sq. foot building. Nicely laid out units with many windows and closets. All units 2BR/1Bath. All units have been upgraded and are attractive and well laid out. All units rent very easily. Asking $1.25 million.

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