New Jersey City Multifamily
For Sale
Contact for pricing
186-188 Kensington Ave, Jersey City, NJ 07306
Newly constructed multifamily building in Jersey City's Journal Square.
Property SizeContact for details
Days on Market157
Property Features for 186-188 Kensington Ave
General Information
Standard status
Active
Property subtype
Multifamily
Investment Type
Value Add
Building Details
Year Built
2022
Buildings
1
Stories
5
Units
12
Listing Agency:
Hudson Atlantic Realty
Listed By:
Adam Zweibel · License #1326852
Source:
Crexi
Added: Mar 10
Changed: Aug 8
Last Checked: Aug 10 at 6:30AM
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 Hudson Atlantic Realty
Investment Insights
Based on property information with market context.
Kensington Edge is a newly constructed, five-story mid-rise residential building located in Jersey City’s Journal Square neighborhood. Completed in 2022, the property features 12 contemporary units with modern finishes. Unit amenities include Samsung appliances, quartz countertops, hardwood flooring, European-style cabinetry, and in-unit laundry. Building amenities include garage parking, central air conditioning, tankless hot water systems, and secured key fob access. The property is located a 6-minute walk to a nearby bus stop with direct service to NYC, offering an approximate 48-minute commute to Manhattan. Residents enjoy proximity to Lincoln Park, cafes, restaurants, and popular shopping destinations including Hudson Mall and Hudson Commons. Major employers nearby include Saint Peter's University, Jersey City Medical Center, Christ Hospital, and Kuehne + Nagel. The property presents a compelling investment opportunity in a thriving urban market and a projected rent upside of $600+/month.
Key Highlights
- New construction (2022) with modern finishes including Samsung appliances, quartz countertops, hardwood flooring, European‑style cabinetry, and in‑unit laundry.
- Convenient location: 6‑minute walk to bus stop with direct service to NYC (approximate 48‑minute commute to Manhattan).
- Garage parking and secured key fob access.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
3,712
Businesses Nearby
Explore this area
Business Placement
Demographics for 07306, NJ
55,342
Population
24,770
Households
2.2
Avg Household Size
34
Median Age
50%
College-Educated
87%
High-School Grad
3.0 sq mi
ZIP Area
18,447
Density / Sq Mi
$75,861
Median Household Income
$49,522
Median Earnings
$1,619
Median Rent
$502,600
Median Home Value
Market
Vacancy Rate% for Multifamily in Northeast region
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Frequently Asked Questions
What type of property is this?
Apartment building - Newly constructed multifamily building in Jersey City's Journal Square.
Where is this apartment building located?
The property is located at 186-188 Kensington Ave Jersey City, NJ.
What is the asking price?
The asking price for this property is $4,000,000.
What are key features of this property?
This property features: New construction (2022) with modern finishes including Samsung appliances, quartz countertops, hardwood flooring, European‑style cabinetry, and in‑unit laundry.; Convenient location: 6‑minute walk to bus stop with direct service to NYC (approximate 48‑minute commute to Manhattan).; Garage parking and secured key fob access.
