Pending

266 Duncan Avenue

Jersey City, NJ 07306
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Bed 6

Bed

Bath 4

Bath

Acres0.03

Acre(Lot)

Prime Journal Square Mixed-Use Investment Opportunity Exceptional mixed-use investment property located in the highly sought-after Journal Square section of Jersey City, directly across from Lincoln Park, offering strong in-place cash flow with significant upside potential. This income-producing asset features two commercial spaces and two residential apartments, making it an ideal addition to any investor's portfolio. The commercial component consists of a well-established deli/superhero retail store generating $1,575 per month plus 40% of the building's water expense, along with a separate garage/office space leased to a contractor for $1,500 per month. The contractor's space includes a full bathroom, creating flexibility for a variety of commercial uses. The residential portion incl udes two spacious 3-bedroom, 1-bath apartments, currently rented at $1,600 and $1,575 per month, respectively. Both units offer substantial upside with projected market rents of approximately $2,500 per month each, providing investors with an excellent value-add opportunity. Additional highlights include a walkout basement, recently replaced separate utility systems, and a desirable location near parks, transportation, shopping, restaurants, and major commuter routes. Situated directly across from Lincoln Park and minutes from Journal Square PATH, this property benefits from strong tenant demand and long-term appreciation potential. Property Highlights Mixed-use building with 2 commercial spaces and 2 residential units Deli/superhero retail tenant paying $1,575/month plus 40% of water expense Separate garage/office space leased for $1,500/month Full bathroom in garage/office commercial space Two 3-bedroom, 1-bath residential apartments Strong rental upside with projected rents of $2,500/month per unit Walkout basement Separate utilities recently replaced Directly across from Lincoln Park Prime Journal Square location Excellent value-add investment opportunity Rent roll $74,000 per year with value add for $95,000 per year With stable existing income, multiple revenue streams, and significant rental growth potential, this property presents a rare opportunity to acquire a strategically located mixed-use asset in one of Jersey City's most desirable and rapidly growing neighborhoods.

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Detail Ic Property Details

Property Type : Residential Income

Price : $899,900

AD Id : 80013345

MLS Id : 22616451

Beds : 6

Lot Size : 0.03 Acre

Year Built : --

Garage : 1

County : Hudson

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Feature Features

  • Bedroom Information

    Total beds: 6

    Bathroom Information

    Total Baths: 4 Full Baths: 4

    Room Information

    Has Basement: Yes Basement: Walk-Out Access, Full
  • Interior Features

    Appliances: Gas Water Heater
  • Heating & Cooling

    Has Heating: Yes Heating: Baseboard Has Cooling: Yes Cooling: Multi Units

  • Building Information

    Building Area Total: 4300 Stories: 3 Private Pool: No

  • Lot Information

    Lot Dimensions: 17.2 x 83 Main Square Feet: 0.03 Acres Lot Size Acres: 0.03 Lot Size Square Feet: 1306.8

    Property Information

    Subdivision: None Source Property Type: Residential Income MLS Area Minor: Jersey City (JER) Property SubType: Multi Family

  • Listing Price Information

    Listing Price: $899900 Cash, Conventional

  • Tax Information

    Parcel Number: 06-14701-0000-00030 Tax Lot: 30 Tax Block: 14701 Tax Year: 2025 Annual Tax: $11873

  • Garage Information

    Has Garage: Yes Garage Space: 1

  • Location Information

    Direction: 266 Duncan Ave Jersey City, NJ 07306 WaterSource: Public
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The data relating to real estate for sale on this website comes in part from the Internet Data exchange ("IDX") program of the Monmouth/Ocean MLS Monmouth County Association Board of Realtors. 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. Real estate listings held by brokerage firms other than ByOwner, are indicated by detailed information about them such as the name of the listing firms. Information deemed reliable but not guaranteed. Copyright © 2026 Monmouth/Ocean MLS Monmouth County Association Board of Realtors. All Rights Reserved.

ByOwner last updated this listing 06/20/2026 @ 23:02

MLS: 22616451 LISTED BY: George Pavlushkin, RE/MAX Central 732-972-1000 SOURCE: Monmouth Ocean Regional Multiple Listing Service

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