100 Lincoln Street, Jersey City, NJ 07307

$2,250,000
Property Type: Multi-Family Bedrooms: 12 Baths: 6.6 Square Footage: 6,380 Lot Size (sq. ft.): 2,614 Status: Closed
Current Price: $2,250,000 List Date: 1/20/2025 Last Modified: 8/08/2025

Description

!! 6.09% CAP Rate !! Confirmation that exceptional opportunities still exist - an oversized six family property with untold future development potential in one of the New York metro's fastest growing areas, Jersey City Heights. Currently generating $16,175 per month - 6.09% CAP Rate - 100 Lincoln Street is a fully detached three-story building on a 25'x111' AV. lot with a full basement that was gut renovated in 2021. It is comprised of six thoroughly modern two bedroom, one-and-a-half bathroom residences with central air conditioning and heating, and full-size in-residence washer/dryers that were originally conceived of and built as condominiums. Each fully occupied unit offers residents a private storage area in the basement as well as access to the 945 SF rear garden.

More Information MLS# 22501788

Contract Info

List Price/SqFt: 367.55 New Construction: No Status: Closed List Date: 2025-01-20 Sold Price: $2,250,000 Current Price: $2,250,000 Property Sub-Type: Six Family

Location

Area/Section: Heights House Number: 100 Street Name: Lincoln Street Suffix: Street County: Hudson Municipality: Jersey City (JER) Postal City: Jersey City State: NJ Zip Code: 07307 Complex/Subdivision: None Directions: Between Milton Avenue and Kennedy Boulevard

General Property Info

# Units in Bldg: 6 Waterfront: No # Levels: 2 Waterview: No Fireplace: No Lot Dimensions: 25 x 111AV Basement: Yes Garage: No # Acres: 0.06 # Car Garage: 0 # Parking Spaces: 0 Pool: No Bedrooms: 12 Full Baths: 6 Half Baths: 6 Total Baths: 6.6 Apx SqFt: 6380 Apx Year Built: 1900

Tax and Legal

Asmnt - Total: 1417600 Deed Restricted: No Special Assessment: No Taxes: 31655 Tax Year: 2024

Remarks & Misc

Excluded: All Personal Property

Unit 1

# Bedrooms: 2 Bedroom Level: 1 # Full Baths: 1 # Half Baths: 1 Kitchen Level: 1 Living Room Level: 1 Rent: 2600 AC Unit: 1 Dishwasher: 1 Dryer: 1 Furnace: 1 Gas Stove: 1 Refrigerator: 1 Washer: 1 Other - See Remarks: 1

Unit 2

# Bedrooms: 2 Bedroom Level: 1 # Full Baths: 1 # Half Baths: 1 Kitchen Level: 1 Living Room Level: 1 Rent: 2700 AC Unit: 1 Dishwasher: 1 Dryer: 1 Furnace: 1 Gas Stove: 1 Refrigerator: 1 Washer: 1 Other - See Remarks: 1

Unit 3

# Bedrooms: 2 Bedroom Level: 2 # Full Baths: 1 # Half Baths: 1 Kitchen Level: 2 Living Room Level: 2 Rent: 2650 AC Unit: 1 Dishwasher: 1 Dryer: 1 Furnace: 1 Gas Stove: 1 Refrigerator: 1 Washer: 1 Other - See Remarks: 1

Unit 4

# Bedrooms - Unit 4: 2 Bedroom Level: 2 # Full Baths - Unit 4: 1 # Half Baths: 1 Kitchen Level: 2 Living Room Level: 2 Rent: 2800 AC Unit: 1 Dishwasher: 1 Dryer: 1 Gas Stove: 1 Refrigerator: 1 Washer: 1 Other - See Remarks: 1

Unit 5

# Bedrooms: 2 Bedroom Level: 3 # Full Baths: 1 # Half Baths: 1 Kitchen Level: 3 Living Room Level: 3 Rent: 2650 AC Unit: 1 Dishwasher: 1 Dryer: 1 Furnace: 1 Gas Stove: 1 Refrigerator: 1 Washer: 1 Other - See Remarks: 1

Unit 6

# Bedrooms: 2 Bedroom Level: 3 # Full Baths: 1 # Half Baths: 1 Kitchen Level: 3 Living Room Level: 3 Rent: 2775 AC Unit: 1 Dishwasher: 1 Dryer: 1 Furnace: 1 Gas Stove: 1 Refrigerator: 1 Washer: 1 Other - See Remarks: 1

Zoning

Multi-Family: 1

Showing

Call Agent: 1

Lot Description

Fenced Area: 1

Water/Sewer

Public Sewer: 1 Public Water: 1

Floors

Wood: 1 See Remarks: 1

Basement

Finished: 1 Full: 1 Tenant Storage: 1 Walk-Out Access: 1

Cooling

3+ Zoned AC: 1 Central Air: 1

Water Heater

Natural Gas: 1

Heating

3+ Zoned Heat: 1 Forced Air: 1 Natural Gas: 1

Exterior

Recreation Area: 1

Parking

None: 1

Garage

None: 1

Assessment Status

Assessed: 1

Siding

Vinyl: 1 Other: 1

Roof

Flat: 1

Landlord Pays

Garbage Removal: 1 Grounds Care: 1 Snow Removal: 1

Tenant Pays

Electricity: 1 Gas: 1 Heat: 1 Hot Water: 1 Sewer: 1 Water: 1

Status Change Info

Under Contract Date: 2025-04-12 Sold Date: 2025-06-20 Sold Price: $2,250,000

Property Features

Unit 1: AC Unit; Dishwasher; Dryer; Furnace; Gas Stove; Refrigerator; Washer; Other - See Remarks Unit 2: AC Unit; Dishwasher; Dryer; Furnace; Gas Stove; Refrigerator; Washer; Other - See Remarks Unit 3: AC Unit; Dishwasher; Dryer; Furnace; Gas Stove; Refrigerator; Washer; Other - See Remarks Unit 4: AC Unit; Dishwasher; Dryer; Gas Stove; Refrigerator; Washer; Other - See Remarks Unit 5: AC Unit; Dishwasher; Dryer; Furnace; Gas Stove; Refrigerator; Washer; Other - See Remarks Unit 6: AC Unit; Dishwasher; Dryer; Furnace; Gas Stove; Refrigerator; Washer; Other - See Remarks Basement: Finished; Full; Tenant Storage; Walk-Out Access Floors: Wood; See Remarks Cooling: 3+ Zoned AC; Central Air Heating: 3+ Zoned Heat; Forced Air; Natural Gas Water Heater: Natural Gas Exterior: Recreation Area Siding: Vinyl; Other Roof: Flat Garage: None Parking: None Zoning: Multi-Family Lot Description: Fenced Area Assessment Status: Assessed Landlord Pays: Garbage Removal; Grounds Care; Snow Removal Tenant Pays: Electricity; Gas; Heat; Hot Water; Sewer; Water Showing: Call Agent
Listing Office: Compass New Jersey , LLC
Listing Agent: Charles Rubenstein
IDX
Last Updated: August - 08 - 2025
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