Investment Overview

Marcus & Millichap has been selected to exclusively market for sale 113-115 Wales Avenue in Jersey City. Built in 2015, the property consists of 6 apartments and 4 garage parking spaces. Each unit has its own washer and dryer, furnaces, granite counters, stainless steel appliances and wood floors. The units are all separately metered. Journal Square is a lively business district, residential area and transportation hub. Jersey City is becoming a more prosperous area for people seeking an affordable alternative to New York City. The property is an approximately a 12-minute walk from Journal Square PATH Station with a 15-minute trip to the World Trade Center and a 22-minute ride to Midtown Manhattan via Path, situated closely to Newark Liberty Airport, JFK and La Guardia Airport. The property has easy access to Route 1 & 9, Interstate 95, I-78, and are in walkable distance to restaurants, theaters and many national retailers. 113-115 Wales Avenue is located in the Journal Square section of Jersey City. Journal Square historically has been the center of commerce for the state’s second largest city, a retail center to which people have flocked for decades. Hudson County, and specifically Jersey City, has seen a massive influx in development and capital investors. The first tower constructed off the Gold Coast in over a decade was constructed in Journal Square by The Kushner Companies and the City has approved multiple large projects to attract New Yorkers.