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Jersey City Multifamily Mixed-Use Portfolio

150 Stegman St Jersey City, NJ 07305

150 Stegman St, Jersey City, NJ, 07305
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73 apartment units and 5 retail suites in Jersey City.

AddedMay 21
Days on Market56
Last RefreshMay 21 at 4:08 am

Property Features for 150 Stegman St

General Information

Standard status
Active
Property subtype
Multifamily

Listing office Marcus & Millichap | New Jersey

Listing date May 21, 2026

Source Marcusmillichap

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

All listing content including descriptions, pricing, images are the copyrighted material of Marcus & Millichap | New Jersey


Investment Insights

Based on property information with market context.

This offering presents the exclusive opportunity to acquire a four-building multifamily and mixed-use portfolio in Jersey City, New Jersey. The portfolio comprises 73 apartment units and 5 retail suites. The properties are located within a rapidly evolving corridor supported by major developments including Bayfront, Canal Crossing, and Caven Point Studios. The portfolio generates approximately $662,492 in Net Operating Income. The offering is at a basis of $141,564 per unit. In-place rents are below market, with an estimated 34% rent upside through unit renovations, tenant turnover, and operational improvements. Select units also offer the ability to reconfigure layouts and increase bedroom count. The properties benefit from strong connectivity via the Hudson-Bergen Light Rail, Interstate 78, and the New Jersey Turnpike, providing access to Downtown Jersey City and Manhattan.

Key Highlights

  • Portfolio of 73 apartment units and 5 retail suites in Jersey City.
  • Significant rent upside (estimated 34%) through renovations and operational improvements.
  • Attractive entry point at $141,564 per unit.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Apartment buildings

Suggested Use

Law Firm Dental Office Real Estate Agency Parking Lot & Garage Skin Care Clinic Acupuncture (Bike/Boat/Book/etc) Store Carpet & Flooring Store Pet Grooming Service Pet Store & Service

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Apartment building - 73 apartment units and 5 retail suites in Jersey City.
Where is this apartment building located?
The property is located at 150 Stegman St Jersey City, NJ.
What are key features of this property?
This property features: Portfolio of 73 apartment units and 5 retail suites in Jersey City.; Significant rent upside (estimated 34%) through renovations and operational improvements.; Attractive entry point at $141,564 per unit.
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