85 Zabriskie St
Jersey City, NJ 07307
Exceptional investment opportunity in the highly desirable Jersey City Heights section. This 8-unit multifamily property offers immediate cash flow with substantial upside through the renovation and repositioning of under-market units. Current gross rental income is approximately $169,700 annually, with the potential to increase to over $225,900 annually after renovating Units 2, 5, and 7. At an offering price of $2,700,000, the property is operating at an estimated 4.79% cap rate with the potential to achieve an estimated 6.87% pro forma cap rate. Investors will appreciate the strong rental demand, proximity to transportation, shopping, dining, and continued growth throughout Jersey City Heights.Property is being sold as-is. Buyer to perform their own due diligence regarding income, expen
Property Details
Map
Map
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Features
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Heating & Cooling
Has Heating: Yes Heating: Baseboard, Forced Air Has Cooling: Yes Cooling: Central Air
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Building Information
Construction Materials: Aluminum Siding Private Pool: No
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Listing Price Information
Listing Price: $2700000 Original Price: $3000000
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Tax Information
Tax Year: 2025 Annual Tax: $23230
How much is this property worth?
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Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| 628 Palisade Ave, Jersey City, NJ, 07307 | $1,575,000 | 7 | 3.5 | -- | |
| 369 Webster Ave, Jersey City, NJ, 07307 | $1,149,000 | 3 | 2 | -- | |
| 297 New York Ave, Jersey City, NJ, 07307 | $1,550,000 | 5 | 3 | -- | |
| 204 Sherman Ave, Jersey City, NJ, 07307 | $1,100,000 | 6 | 3 | -- | |
| 161 New York Ave, Jersey City, NJ, 07307 | $1,900,000 | 8 | 6 | -- | |
| 145 Webster Ave, Jersey City, NJ, 07307 | $999,000 | 5 | 3 | -- | |
| 486 Central Ave, Jersey City, NJ, 07307 | $1,600,000 | -- | -- | -- | |
| 91 Hancock Ave, Jersey City, NJ, 07307 | $1,724,000 | 5 | 3.5 | -- | |
| 58 Booraem Ave, Jersey City, NJ, 07307 | $1,100,000 | 7 | 4 | -- | |
| 18 Graham St, Jersey City, NJ, 07307 | $1,250,000 | 8 | 4 | -- |
Similar Multifamily To 85 Zabriskie St
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ByOwner last updated this listing 06/16/2026 @ 10:59
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