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310 Pacific Ave 3,798 SF 100% Leased Retail Building Jersey City, NJ 07304 $2,496,328 CAD ($657.27 CAD/SF) 6.54% Cap Rate
INVESTMENT HIGHLIGHTS
- Prime, Transit Oriented Location
- Fully Vacant Mixed-Use Asset
- Strong In Place Design and Infrastructure
EXECUTIVE SUMMARY
Fully vacant, PRIME MIXED-USE brownstone located in one of Jersey City’s most active and rapidly growing neighborhoods (Bergen Lafayette), offering an ideal opportunity for investors or owner users to unlock immediate and long term value. The property consists of two well appointed residential units and a flexible ground-floor commercial space, all supported by strong and consistent area demand.
Each residential apartment features 2 bedrooms and 2 full bathrooms, in unit washer/dryer, central air, tankless hot water heaters, stainless steel appliances, and exposed brick. The top floor unit benefits from high ceilings and excellent natural light. Both apartments are certified lead free, eliminating recurring inspection and recertification requirements.
The street level commercial space offers exposed brick, strong visibility, and a layout suitable for a variety of uses including café, restaurant, professional office, boutique service, or wellness/yoga studio. Additional property highlights include separate utilities for all units, a private backyard enhancing commercial usability, and a basement providing storage or future expansion potential.
Ideally positioned near bus routes, Citi Bike station less than 25 feet away, Light Rail, and major highways, the property offers convenient access to Liberty State Park, neighborhood retail, dining, and other growing local amenities. With its combination of character, flexibility, and location, this building represents a compelling mixed-use asset with immediate upside and long-term growth potential.
Commercial Space: 1,142 sqft
Backyard: 637 sqft
Apartment 2: 713 sqft
Apartment 3: 713 sqft
(All measurements are approximate and must be verified)
Each residential apartment features 2 bedrooms and 2 full bathrooms, in unit washer/dryer, central air, tankless hot water heaters, stainless steel appliances, and exposed brick. The top floor unit benefits from high ceilings and excellent natural light. Both apartments are certified lead free, eliminating recurring inspection and recertification requirements.
The street level commercial space offers exposed brick, strong visibility, and a layout suitable for a variety of uses including café, restaurant, professional office, boutique service, or wellness/yoga studio. Additional property highlights include separate utilities for all units, a private backyard enhancing commercial usability, and a basement providing storage or future expansion potential.
Ideally positioned near bus routes, Citi Bike station less than 25 feet away, Light Rail, and major highways, the property offers convenient access to Liberty State Park, neighborhood retail, dining, and other growing local amenities. With its combination of character, flexibility, and location, this building represents a compelling mixed-use asset with immediate upside and long-term growth potential.
Commercial Space: 1,142 sqft
Backyard: 637 sqft
Apartment 2: 713 sqft
Apartment 3: 713 sqft
(All measurements are approximate and must be verified)
DATA ROOM Click Here to Access
- Operating and Financials
FINANCIAL SUMMARY (PRO FORMA - 2026) Click Here to Access |
ANNUAL (CAD) | ANNUAL PER SF (CAD) |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
$99,999
|
$9.99
|
| Vacancy Loss |
$99,999
|
$9.99
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
$99,999
|
$9.99
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
FINANCIAL SUMMARY (PRO FORMA - 2026) Click Here to Access
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Operating Expenses (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Total Expenses (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Building Size
3,798 SF
Building Class
C
Year Built
1885
Price
$2,496,328 CAD
Price Per SF
$657.27 CAD
Cap Rate
6.54%
NOI
$163,184 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
3 Stories
Slab To Slab
12’
Building FAR
2.03
Lot Size
0.04 AC
Opportunity Zone
Yes
Frontage
25’ on Pacific Ave
AMENITIES
- Signage
- Tenant Controlled HVAC
- Storage Space
- Air Conditioning
Walk Score®
Very Walkable (84)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 06-20005-0000-00018 | Total Assessment | $720,941 CAD (2025) |
| Land Assessment | $104,343 CAD (2025) | Annual Taxes | -$1 CAD ($0.00 CAD/SF) |
| Improvements Assessment | $616,598 CAD (2025) | Tax Year | 2026 |
PROPERTY TAXES
Parcel Number
06-20005-0000-00018
Land Assessment
$104,343 CAD (2025)
Improvements Assessment
$616,598 CAD (2025)
Total Assessment
$720,941 CAD (2025)
Annual Taxes
-$1 CAD ($0.00 CAD/SF)
Tax Year
2026
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Presented by
Triumph Group Real Estate, LLC
310 Pacific Ave
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