See Home Value
$1,817,728*
Commercial - Off Market

47 WASHBURN ST

JC, Journal Square, NJ 07306
bedrooms
Studio
bathrooms
0 Bath
$1,575,000 - $1,925,000
Reference Base Price*
3.87%
Since May 1, 2023
NY-New York
Primary Model

About This Property

VERY RARE OPPORTUNITY to own 1 of the best buildings, in eastern Journal Square district Jersey City. Located on the border of Journal Square & Downtown JC, this 6-unit building is just a 10 minute walk from the Journal Sq. PATH train or 18 minutes to Grove St PATH train & restaurants. This is a TRUE TURN-KEY investment, with a strong & steady positive income, at a 5.91% CAP return. VERY EASY to self manage, with all tenants responsible to take out their own garbage. All units and common area access on electronic keypad locks. Brand new water main pipe connection to street just replaced in 2021, and roof fully resurfaced & refinished in 2020.
Unit Size
-
Days on Market
-
Land Size
-
Price per sqft
-
Property Type
Commercial
Property Taxes
$1,875
HOA Dues
-
Year Built
1890

Price History

Date / Event Date Event Price
May 22, 2023 Sold $1,665,000
Sold
Apr 25, 2023 No longer available -
No longer available
Dec 9, 2022 In contract -
In contract
Sep 27, 2022 Listed $1,750,000
Listed

Property Highlights



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
Mixed Use
Stu
-
-
$1,400,000 Jun 17, 2023
$1,400,000 Oct 12, 2023
$787/mo
Condo
5 Beds
4 Baths
-
$1,810,000 Jan 20, 2023
$1,810,000 May 12, 2023
$4,075/mo
House
4 Beds
3.1 Baths
-
$1,650,000 Nov 30, -0001
$1,635,000 Sep 6, 2023
$300/mo
Multifamily
6 Beds
4 Baths
-
$1,875,000 Apr 23, 2004
$1,875,000 Dec 8, 2004
$826/mo
House
5 Beds
4 Baths
-
$1,895,000 Nov 30, -0001
$1,810,000 May 12, 2023
$1,940/mo
Condo
3 Beds
2 Baths
-
$1,920,000 Jul 14, 2023
$1,920,000 Aug 31, 2023
$1,934/mo
Commercial
Loft
-
-
$1,699,000 Apr 17, 2024
-
$1,453/mo
Commercial
Loft
-
-
$2,000,000 Apr 15, 2024
-
$1,655/mo
Mixed Use
Stu
-
-
$1,698,000 Mar 1, 2024
-
$1,399/mo
Multifamily
5 Beds
3 Baths
-
$1,650,000 Apr 29, 2024
-
-
Multifamily
6 Beds
3 Baths
-
$1,890,000 Mar 23, 2024
-
$2,015/mo
Multifamily
7 Beds
4 Baths
-
$1,900,000 Mar 22, 2024
-
-

Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20220927
09/27/2022
Loft
-
-
$1,750,000
bedrooms
Loft
bathrooms
-
$1,665,000 -4.86%
05/22/2023
-
GERSHON ADJAYE
Keller Williams Team Realty
20220129
01/29/2022
Loft
-
-
$1,795,000
bedrooms
Loft
bathrooms
-
-
-
-
GERSHON ADJAYE
Keller Williams Team Realty

Building Info

47 Washburn Street 47 Washburn Street, Jersey City, NJ 07306
  • 1 Unit for Sale
More about this Building
47 Washburn Street
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About Journal Square


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