$2,250,000
SOLD JUN 20, 2025
12 Beds
12 Baths
6,380 Sq Ft
2,614 Sq Ft Lot

Recently Sold

$353 Per Sq Ft

4% Below List Price

82 Days on Market

Highlights

  • Wood Flooring
  • Forced Air Zoned Heating and Cooling System
  • Fenced
  • Liberty High School Rated A-

About This Home

As of June 2025

!! 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.

Last Agent to Sell the Property

Charles Rubenstein

Compass New Jersey , LLC License #1111287 Listed on: 01/20/2025

Compass New Jersey , LLC

Last Buyer's Agent

John Galvin

Patrick Parker Realty License #2186284

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $31,655

Year Built

  • Built in 1900

Lot Details

  • 2,614 Sq Ft Lot
  • Fenced

Parking

  • No Garage

Home Design

  • Flat Roof Shape
  • Vinyl Siding

Interior Spaces

  • 6,380 Sq Ft Home
  • 2-Story Property
  • Wood Flooring

Kitchen

  • Stove
  • Dishwasher

Bedrooms and Bathrooms

  • 12 Bedrooms

Laundry

  • Dryer
  • Washer

Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Basement Storage

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Heating System Uses Natural Gas
  • Furnace
  • Natural Gas Water Heater

Listing and Financial Details

  • Exclusions: All Personal Property
  • Tenant pays for hot water, water, sewer, heat, gas, electricity
  • The owner pays for grounds care, snow removal, garbage removal
  • Assessor Parcel Number 06-02605-0000-00033

Community Details

Overview

  • 6 Units

Recreation

  • Recreational Area

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$31,655

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Six Family
  • ResoLotFeatures: Fenced Area
  • Subdivision Name: None
  • Reso Flooring: Wood, See Remarks
  • New Construction: No
  • Year Built: 1900
  • Contract Info New Construction: No
  • General Property Info Waterview: No
  • General Property Info Fireplace: No
  • General Property Info Basement: Yes
  • General Property Info Pool: No
  • WaterSewer Public Sewer: Yes
  • General Property Info Lot Dimensions: 25 x 111AV
  • Cooling Central Air: Yes
  • Lot Description Fenced Area: Yes
  • WaterSewer Public Water: Yes
  • Floors Wood: Yes
  • Water Heater Natural Gas2: Yes
  • Garage None4: Yes
  • Unit 1 AC Unit: Yes
  • Unit 1 Washer2: Yes
  • Unit 2 AC Unit2: Yes
  • Unit 2 Dryer3: Yes
  • Unit 2 Furnace2: Yes
  • Unit 2 Washer3: Yes
  • Unit 1 Dishwasher4: Yes
  • Unit 1 Dryer2: Yes
  • Unit 1 Furnace: Yes
  • Unit 1 Gas Stove: Yes
  • Unit 3 Furnace3: Yes
  • Unit 3 Gas Stove3: Yes
  • Unit 4 Gas Stove10: Yes
  • Basement Tenant Storage: Yes
  • Unit 2 Dishwasher3: Yes
  • Unit 2 Gas Stove2: Yes
  • Unit 3 AC Unit3: Yes
  • Unit 3 Dryer4: Yes
  • Unit 3 Washer4: Yes
  • Unit 4 AC Unit10: Yes
  • Unit 4 Dryer11: Yes
  • Unit 4 Washer10: Yes
  • Unit 5 Gas Stove9: Yes
  • Unit 3 Dishwasher2: Yes
  • Unit 4 Dishwasher11: Yes
  • Unit 5 Furnace9: Yes
  • Unit 5 Dryer10: Yes
  • Unit 5 Washer9: Yes
  • Unit 6 AC Unit8: Yes
  • Unit 6 Dryer9: Yes
  • Unit 6 Washer8: Yes
  • Cooling 3 Zoned AC: Yes
  • Heating 3 Zoned Heat: Yes
  • Special Features: None

Interior Features

  • Basement: Finished, Walk-Out Access, Full, Tenant Storage
  • Basement: Yes
  • Full Bathrooms: 6
  • Half Bathrooms: 6
  • Total Bedrooms: 12
  • Stories: 2
  • Basement Finished: Yes
  • Full Basement: Yes
  • Basement:Walk-Out Access: Yes

Exterior Features

  • Roof: Flat
  • Acres: 0.06
  • Waterfront: No
  • Exclusions: All Personal Property
  • Construction Type: Other
  • Exterior Features: Recreation Area
  • Construction:Siding - Vinyl: Yes
  • ConstructionSiding:Roof Flat: Yes

Garage/Parking

  • Garage: No
  • Attached Garage: No
  • Parking Features: None
  • General Property Info:Garage: No

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air, 3+ Zoned AC
  • Cooling Y N: Yes
  • Heating: Forced Air, 3+ Zoned Heat
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Natural Gas: Yes
  • Heating:Forced Air: Yes

Lot Info

  • Lot Dimensions: 25 x 111AV
  • Lot Size Sq Ft: 2613.6
  • ResoLotSizeUnits: Acres
  • Parcel #: 06-02605-0000-00033
  • Zoning Description: Multi-Family

Rental Info

  • Tenant Pays: Hot Water, Water, Sewer, Heat, Gas, Electricity
  • Owner Pays: Grounds Care, Snow Removal, Garbage Removal

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 31655.0
  • Tax Other Annual Assessment Amount: 1417600.0

Multi Family

  • Number Of Units Total: 6

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/20/2025 06/20/25 Sold $2,250,000 -4.1% $353 / Sq Ft
01/20/2025 01/20/25 For Sale $2,345,000 -- $368 / Sq Ft
Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 22501788

MOREMLS (Monmouth Ocean Regional REALTORS®)