ActiveJersey City, NJ
$2,700,000
266 Duncan Avenue, Jersey City, NJ 07306
18 beds 11 baths
Photos
1 / 1091 / 10919 days on market · Listed May 27, 2026
Exceptional opportunity to acquire a high cash-flowing mixed-use portfolio package in the rapidly growing Journal Square/Lincoln Park section of Jersey City. This rare package consists of 3 separately metered mixed-use buildings featuring commercial storefronts on the ground level with residential rental apartments above, offering immediate income with tremendous upside potential. Current gross annual income of approximately $236,000 with projected proforma income exceeding $286,000 annually at stabilization, creating a strong value-add investment opportunity at a $2.7M asking price with attractive 10 CAP potential. The portfolio includes: • 718 West Side Ave - ''Juice Bar Building'' • 722 West Side Ave - ''Pizza Building'' • 266 Duncan Ave - ''Super Hero Building'' 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!
266 Duncan Avenue is a 18-bedroom, 11-bathroom multi-family home for sale in None, Jersey City, NJ. It is offered at $2,700,000, MLS# 22615585.
Inside, 266 Duncan Avenue features 3 stories, a full basement, baseboard heat and other cooling. It sits on a lot of roughly 1,307 square feet (about 0.03 acres).
None offers convenient access to shopping, schools, parks, dining, and everyday essentials. Annual property taxes are approximately $11,873. To tour 266 Duncan Avenue in None, contact Neuhaus Realty — a family-run agency since 1969, now serving Monmouth & Ocean from our Red Bank office — to schedule a private showing.
MLS# 22615585. Listing courtesy of RE/MAX Central. Listing information is provided by the Monmouth Ocean Regional MLS. Listing data is deemed reliable but is not guaranteed accurate by the MLS.
