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565 Bergen Ave, Jersey City, NJ 546 Bergen Ave, Jersey City, NJ
Bergen Avenue Jersey City Portfolio
Asset ClassMultifamily
# Units69
# Buildings: 2# Stories: 5Year Built: 1920Access Data Room
Bergen Ave Jersey City Portfolio
overview of deal

Overview

The Jersey City Value-Add Portfolio is a two-building residential property comprising 68 units, including a mix of one, two, and three bedroom apartments, along with one retail space. Positioned in a highly accessible urban market, the properties benefit from strong transportation links, proximity to major roadways, and access to a variety of amenities.

 

Jersey City features robust connectivity, with the Journal Square Transportation Center providing PATH train service to New York City, Newark, and Hoboken, as well as multiple bus lines. The portfolio is conveniently located near major routes, including NJ Turnpike and key thoroughfares that facilitate regional travel. Residents enjoy proximity to Lincoln Park, a 273-acre urban green space offering walking trails, playgrounds, sports fields, tennis courts, and a nine-hole golf course. Additionally, the portfolio is near major employers such as Saint Peter’s University, Jersey City Medical Center, and Christ Hospital.

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Investment Highlights

# Buildings
2
  • 94% Occupancy
  • Current Rents Below Market Rate
  • Diverse Unit Mix 1-3 Bedrooms + Retail Unit
  • 20 Mins to NYC by Train
  • Excellent Connectivity Near Major Routes and Transit Options
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565 Bergen AveJersey City, NJ 07304
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Listing provided by Revere CRE