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Feasibility Study The “Paulis Hook” section of Jersey City NJ is a largely upper-middle-class residential area, characterized by townhouses and midrise apartment blocks. Bordering the neighborhood to the East are ferry and subway (Path) services to Manhattan, and Type-A high-rise office buildings.


Contingency = $151868 ( 15% of Demolition, Construction and Design Professionals)

Total Gut Rehab Cost = $1,209,320

Property Purchase Price = $2,303,000

Total Project Cost = $3,512,320

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