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    Six-Unit Brick Multifamily Building Title is generated by Realmo AI

    219 PACIFIC AVE Unit 0, Jersey City, NJ 07304

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    For Sale
    $1,420,000

    Brick six-unit multifamily property with 11 bedrooms and six bathrooms, suited for investors or owner-occupants.

    Type:General Commercial
    Property size:
    5,032 SF
    Price / SF:
    $282/SF
    Added:
    Apr 12, 2026
    Days on Market:
    76
    Last Refresh:
    Jun 15 at 3:27 am

    Property Features for 219 PACIFIC AVE Unit 0

    General Information

    Standard status
    Active
    Size
    5,032 SF
    Property subtype
    General Commercial

    Building Details

    Year Built
    1910

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    BRENDAN DASILVA

    Listing office KELLER WILLIAMS - NJ METRO GROUP

    Listing date Apr 12, 2026

    Source Xome

    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 KELLER WILLIAMS - NJ METRO GROUP

    HighLights

    • Brick 6‑unit multifamily property built in 1910
    • Total of 11 bedrooms and 6 bathrooms across the 6 units
    • Window air conditioning and heating noted as 3
    • Residential zoning
    • Lot dimensions listed as 25X100 and 25X100
    • No parking listed

    Overview

    219 Pacific Street is a six-unit multifamily building with a brick exterior. The property provides a total of 11 bedrooms and six bathrooms across its units, offering functional layouts designed for day-to-day living. The brick construction supports durability and a lower-maintenance exterior profile.

    The building is located in Jersey City and is described as being near major transportation, shopping, dining, and local amenities. This convenience can support tenant accessibility for both commuting and everyday needs.

    With multiple residential units under one roof, the property can fit a range of ownership goals, including an investor looking to own a multi-tenant asset or an owner-occupant who wants the flexibility of living in one unit while renting others. The unit mix and overall layout support practical residential usage for tenants seeking comfortable, straightforward living arrangements.

    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
    5,032 SF · lease $38.88/SF/yr · vacancy 4.80% · expense 45.00%

    Alternative Uses

    Best Use
    Apartment 5plus
    $1.46M
    $1.28M – $1.71M (±1% cap)
    NOI $102,439 @ 7.0% cap · market cap 7.21%
    Second Best
    —
    —
    no second resolved use
    Theoretical Best
    Multifamily LT 5
    $1.63M
    $1.43M – $1.90M (±1% cap)
    NOI $114,202 @ 7.0% cap · market cap 8.04%
    Zoning and permitted uses should be independently verified with local authorities.
    Location Intelligence

    Current Use by Public Records

    Apartment buildings

    Suggested Use

    Law Firm Restaurant Real Estate Agency Spa & Massage Center Dental Office Hair Salon Nail Salon Food Market Gym & Fitness Center Skin Care Clinic

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

    Location Insight

    • Map
    • Local Demand
    City
    Jersey City
    County
    Hudson
    State
    New Jersey
    Longitude
    -74.0654646
    Latitude
    40.7096133

    FAQs

    What type of property is this?
    Apartment building - Brick six-unit multifamily property with 11 bedrooms and six bathrooms, suited for investors or owner-occupants.
    Where is this apartment building located?
    The property is located at 219 PACIFIC AVE Unit 0 Jersey City, NJ.
    What is the asking price?
    The asking price for this property is $1,420,000.
    What are key features of this property?
    This property features: Brick 6‑unit multifamily property built in 1910; Total of 11 bedrooms and 6 bathrooms across the 6 units; Window air conditioning and heating noted as 3
    More about this property
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