Prime Investment Opportunity in the Heart of Jersey City! Welcome to 87 Wales Avenue, a turnkey multi-family building designed for the savvy investor seeking immediate cash flow and long-term equity growth. Situated in a highly desirable, high-demand rental pocket of Jersey City, this property boasts strong historical occupancy and an attractive, low-maintenance operational profile. Financially optimized for maximum returns, the building features separate utilities to keep landlord overhead exceptionally lean. Expenses are tightly managed with annual property taxes at $19,440.00, insurance at $9,870.00, water/sewer at $6,092.00, professional super/cleaning services at $6,000.00, and minimal annual common utilities of just $441.00. With an impressive average rent of $2,100.00 per unit, this asset offers an incredibly stable and predictable revenue stream from day one. Capitalize on Jersey City's booming rental market, excellent proximity to public transportation, and robust appreciation. Add this high-performing cash cow to your portfolio today!

Listing courtesy of EXP REALTY LLC
(866) 201-6210



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Last checked: 2026-09-25 10:14 PM UTC