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266 Duncan Avenue, Jersey City, NJ 07306
New ListingOverview
Description
Supplements: ... (Read more) Combined, the portfolio offers multiple residential units consisting primarily of spacious 3-bedroom apartments along with highly visible street-level commercial spaces in strong rental locations. 718 West Side Ave features a vacant 1,100 SF retail storefront previously operating as a juice bar with approvals for coffee/juice bar use, 1.5 baths, rear yard access, separate utilities, large walkout basement, and two 3-bedroom residential units. Significant upside exists with all leases currently below market and month-to-month. Major upgrades include maintained roof, newer furnaces, hot water heaters, and brand-new 3-face electrical panels. 722 West Side Ave includes a long-term pizzeria tenant with 3% annual increases plus two residential apartments, including a newly renovated vacant 3-bedroom unit ready for immediate market rent. Building upgrades include renovated bathrooms, upgraded electric, and central fire/safety monitoring. 266 Duncan Ave consists of a deli storefront, additional contractor garage/office space, walkout basement with updated utilities, and two spacious 3-bedroom residential apartments with substantial rental upside. Additional highlights throughout the portfolio include: Separate gas and electric meters Public water/public sewer Natural gas heating Renovated residential units Strong commercial visibility Value-add rent potential across nearly every unit Proximity to transportation, parks, shopping, and major redevelopment projects Located directly across from Lincoln Park and minutes from Journal Square PATH transportation, this portfolio offers investors the perfect blend of stable cash flow, appreciation potential, and long-term upside in one of Jersey City's strongest emerging investment corridors. Perfect opportunity for investors seeking mixed-use assets with immediate income and significant future growth potential. Buildings can be purchased separately at $900,000 each!
Listing Details MLS# 22615585
Contract Info
- Property Sub-Type
- Multiple Buildings
- New Construction
- No
Location
- House Number
- 266
- Street Name
- Duncan
- Street Suffix
- Avenue
- County
- Hudson
- Municipality
- Jersey City (JER)
- Postal City
- Jersey City
- State
- NJ
- Zip Code
- 07306
- Area/Section
- None
- Complex/Subdivision
- None
- Directions
- First Building: 718 W Side Ave, Jersey City, NJ 07306 Second Building: 722 W Side Ave, Jersey City, NJ 07306 Third Building:266 Duncan Ave, Jersey City, NJ 07306
General Property Info
- # Units in Bldg
- 10
- Full Baths
- 10
- Half Baths
- Yes
- Total Baths
- 10.1
- # Levels
- 3
- # Acres
- 0.03
- Lot Dimensions
- 17.2 x 83
- Garage
- No
- Pool
- No
- Waterfront
- No
- Waterview
- No
- Basement
- Yes
- # Car Garage
- 0
Tax and Legal
- Asmnt - Total
- 508500
- Deed Restricted
- No
- Taxes
- 11873
- Tax Year
- 2025
Remarks & Misc
- Excluded
- Tenants belongings
Showing
- Showing Time
- Yes
More Information
Water/Sewer
- Public Sewer
- Yes
- Public Water
- Yes
Basement
- Full
- Yes
Cooling
- Other
- Yes
Water Heater
- Natural Gas
- Yes
Heating
- Baseboard
- Yes
Assessment Status
- Assessed
- Yes
Property Features
