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Investor buys five-unit Jersey City rental building in value-add deal brokered by Cervelli – Real Estate NJ

Summary by Re-nj.com
61-63 Ocean Ave. in Jersey City — Courtesy: Cervelli Real Estate & Property Management By Joshua Burd A private investor has purchased a five-unit apartment building with ground-floor retail space in Jersey City, in a deal arranged by Cervelli Real Estate & Property Management. According to the brokerage team, the property at 61-63 Ocean Ave. also has an on-site parking lot with potential drive-through access. The building requires significant r…
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re-nj.com broke the news in on Tuesday, October 7, 2025.
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