Here is a property to speak to your partners about. This is a clean 3 Family building with updating needed but not mandatory. Purchase at full price $354,900..Taxes being $4,100 --the building takes care of itself for holding purposes. Owner is not renting the property. -- I would venture to say $2,700-$2,800 can be collected a month in the current condition. This will be a million dollar property as it is the last remaining waterfront area in Jersey City. Look how close it is to the Liberty Science Center. 25x100 full buildable lot size Bedrooms 2 -- 3 --3 Separate utilities. Here is a link for further information. LIBERTY STATE PARK EXPANSION PROJECT http://www.nj.com/hudson/index.ssf/2015/01/liberty_science_center_announces_230_million_expan.html
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