Active

246 Pine St

Jersey City, NJ 07304
Mark as Favorite
Bed 6

Bed

Bath 3

Bath

Turnkey 3-Family Investment Opportunity at 246 Pine Street, Lafayette, Jersey City Exceptional income-producing property in one of Jersey City's most in-demand neighborhoods! This 3-unit building, with three spacious 2-bedroom/1-bath units totalling approximately 2,850 sq ft, plus a full basement for additional storage, was fully gut-renovated down to the studs in 2017 and is currently 100% tenant-occupied, offering a true turnkey opportunity for investors seeking stable cash flow with minimal near-term capital expenditure. During the renovation, the current owner rebuilt the entire building with an eventual condo conversion in mind, so the layout and systems are already positioned to support that path for a future owner. Set on a 25 x 90 lot, the property offers excellent scale for the neighborhood. Each unit showcases a stylish modern/industrial aesthetic with exposed ductwork, stainless steel appliances, custom cabinetry with tile backsplash, quartz countertops, and recessed lighting. Units feature large bedrooms with ample closet space, hardwood floors, ceiling fans, central air conditioning, in-unit washer/dryer, NEST thermostats, and video intercom entry. Every unit is individually heated with its own boiler, keeping utilities separate by unit and simplifying ownership and management. Outdoor space for each tenant plus a large shared yard is a key feature adding to strong tenant retention. Located just minutes from the Light Rail, Liberty State Park, and Liberty Science Center, with easy access to neighborhood favorites like Harry's Daughter, Sam I Am, Mordi's, and Grind Coffee Shop. Lafayette remains one of Jersey City's most sought-after rental submarkets, supporting continued demand and rent growth. Fully renovated, fully leased with three 2-bedroom units, and low-maintenance — an excellent addition to any investment portfolio. Rent roll and financials available upon request.

Read More Expand
Tour with a ByOwner Agent

Detail Ic Property Details

Property Type : Residential Income

Price : $1,580,000

AD Id : 91296081

MLS Id : 260018732

Beds : 6

Tax Amount : $18,615

Year Built : --

County : Hudson

  • Map Map

Map

Map What's Nearby

Map Nearby Areas

Feature Features

  • Bedroom Information

    Total beds: 6

    Bathroom Information

    Full Baths: 3

    Room Information

    Has Basement: Yes Basement: Full, Partially Finished
  • Heating & Cooling

    Has Heating: Yes Heating: Forced Air Has Cooling: Yes Cooling: Central Air

  • Building Information

    Construction Materials: Aluminum Siding Private Pool: No

  • Listing Price Information

    Listing Price: $1580000

  • Tax Information

    Tax Lot: 29 Tax Year: 2026 Annual Tax: $18615
Sell a home like this and save $94,301 Find out How

How much is this property worth?

Curious about this home's true market value? Use our free Home Evaluation Tool to instantly get a personalized Comparative Market Analysis (CMA) report. Make smarter, data-driven decisions before you buy.

Images
Loading, please wait...

Nearby Home Value

The data relating to real estate for sale or rent on this website comes in part from the IDX program of the HCMLS. Real estate listings held by brokerage firms other than ByOwner are marked with the HCIDX mark and the information about them includes the name of the listing broker. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed. Copyright © 2026 HCMLS. All Rights Reserved.

ByOwner last updated this listing 09/29/2026 @ 23:35

MLS: 260018732 LISTED BY: LEDA DUIF, CORCORAN SAWYER SMITH 201-653-8000 SOURCE: Hudson County MLS

Homes around $1,580,000

Selling? Save $94,301 when you sell a home like this

Tour with a ByOwner Agent