Jersey City, NJ 07306, Jersey City, NJ 07306
MULTI_FAMILY - Jersey City, NJ
- Added:
- Jun 3, 2026
- Days on Market:
- 1
- Last Refresh:
- Jun 3 at 5:06 am
Property Features
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 6
- Bathrooms
- 4
- Rooms
- Bathroom 2, Bedroom 5, Bathroom 3, Bedroom 1, Bathroom 4, Bedroom 3, Bedroom 2, Bedroom 4, Bedroom 6, Basement, Bathroom 1
- Basement
- Full, Walk-Out Access
- Standard status
- Active
- Size
- 4,300 SF
- Lot size
- 0.03 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Annual Amount
- 11873
Utilities
- Sewer type
- Public Sewer
- Heating system
- Baseboard
- Cooling system
- Multi Units
- Water source
- Public
Building Details
- Floors in Building
- 3
- Number of units
- 4
Listing agent George Pavlushkin License #1324942 (732) 972-1000
Listing office RE/MAX Central 520 HWY 9 N, Manalapan, NJ (732) 972-1000
Listing date Jun 3, 2026
Copyright © 2026 More MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
HighLights
- Mixed‑use building with 2 commercial spaces and 2 residential apartments in Journal Square, Jersey City.
- Deli/superhero retail tenant pays $1,575/month plus 40% of the building's water expense.
- Garage/office space leased to a contractor for $1,500/month; includes a full bathroom.
- Two 3‑bedroom, 1‑bath apartments currently rented at $1,600 and $1,575/month each.
- Projected market rents: approx. $2,500/month per residential unit; rent roll $74,000/yr with value add to $95,000/yr.
- Walkout basement; separate utility systems recently replaced; public water and public sewer.
Overview
Located in the Journal Square section of Jersey City, the property sits directly across from Lincoln Park and is minutes from the Journal Square PATH. The surrounding area provides convenient access to parks, transportation, shopping, restaurants, and major commuter routes, supporting continued tenant demand.
For investors, the asset offers multiple revenue streams with in-place income now and projected upside through value-add rents. The residential units show clear growth potential with projected market rents of approximately $2,500 per month each. With stable existing cash flow, a separate utility setup, and a flexible commercial layout, this is a compelling opportunity for an investor seeking a strategically positioned mixed-use building with room to enhance performance.
Current Use by Public Records
Map
- City
- Jersey City
- County
- Hudson
- State
- New Jersey
- Longitude
- -74.0685
- Latitude
- 40.7351