22 SKILLMAN AVE, JC, Journal Square, NJ, 07306

  • $749,000
22 SKILLMAN AVE

22 SKILLMAN AVE, JC, Journal Square, NJ, 07306

22 SKILLMAN AVE
  • $749,000

Description

Properties like this in Journal Square don’t show up that often. 22A Skillman Avenue, a multifamily Property on a beautiful tree-lined, wide and quiet street, steps from JSQ path, shopping and dining. Wait until the luxury tower comes next door, and these properties will sky-rocket in price. This 5 bedroom 3.5 bathroom multifamily property with a finished basement, tons of rental parking available in the massive parking lot next door, a nice size yard, and long-term tenants in place, currently paying below market rent of $1,700. Property can generate pro-forma rents of $5,000 or live in one unit and Airbnb the other unit for similar rents via short-term rentals. We sold assemblage of 5 lots next door at 1.24M per lot for a total assemblage price of 6.2M. So Grab it while you can!

Details

Features

  • A/C Window
  • Aluminum/Vinyl
  • Finished
  • Gas

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Listed By: MODERN SPACES NJ LLC

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