Jersey CityHAP Portfolio
McGinley Square | Jersey City, NJ
92–94 Summit Ave · 123–129 Summit Ave
The Opportunity
A 60-unit affordable housing portfolio comprising four brick multifamily buildings in McGinley Square, Jersey City. The portfolio includes 92–94 Summit Ave and 123–129 Summit Ave and has remained under the same ownership for more than 35 years.
The portfolio offers a strong mix of one-, two-, and three-bedroom residences, with units renovated upon turnover and strategic access to Jersey City and Manhattan transportation.
Portfolio at a Glance
Investment Overview
Property Highlights
- Four brick multifamily buildings
- 60 total units
- 100% affordable housing
- 35+ years of same ownership
- Mix of one-, two-, and three-bedroom residences
- Units renovated upon turnover
- Three boilers replaced within the last year
- Roof at 125–127 Summit Ave replaced less than 10 years ago
- Prime McGinley Square location
Explore the Full Investment Opportunity
Access the complete Offering Memorandum for detailed property, financial, and investment information.
Exclusively Listed By
Patrick Forde | Broker of Record
Broker Lic. No. 122887 (NJ)
Firm Lic. No. 2330333 (NJ)