219 Pacific Ave, Jersey City, NJ 07304
Commercial - Jersey City, NJ
- Added:
- May 6, 2026
- Days on Market:
- 50
- Last Refresh:
- Jun 24 at 12:06 am
Property Features for 219 Pacific Ave
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Zoning
- Residential
- Rooms
- Basement
- Basement Y/N
- 1
- Standard status
- Active
- Size
- 5,032 SF
- Lot size
- 0.06 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Annual Amount
- 9923
Utilities
- Heating system
- Baseboard, Hot Water (Heating)
Building Details
- Year built
- 1910
- Floors in Building
- 3
- Number of units
- 6
- Building materials
- Block, Brick
- Architectural style
- Other
Listing agent BRENDAN DASILVA (973) 783-7400
Listing office KELLER WILLIAMS - NJ METRO GROUP 237 LORRAINE AVE, Montclair, NJ (973) 783-7400
Listing date May 6, 2026
Copyright © 2026 Garden State MLS, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
HighLights
- Six‑unit multifamily property offering strong income potential or owner‑occupancy.
- Prime Jersey City location near major transportation, shopping, dining, and local amenities.
- Durable and low‑maintenance brick exterior.
- Total of 11 bedrooms and 6 bathrooms.
- Functional living spaces with practical layouts in each unit.
- Basement included.
Overview
Local Financial Insights For Apartment 5plus
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $195.6k | $38.88 |
| − Vacancy | −$9.4k | −$1.87 |
| EGI | $186.3k | $37.01 |
| − OpEx | −$83.8k | −$16.66 |
| NOI | $102.4k | $20.36 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Jersey City
- County
- Hudson
- State
- New Jersey
- Longitude
- -74.06534
- Latitude
- 40.70953
