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For sale
    • Price cut: $300K (6/12)
    $2,700,000

    85 Zabriskie St, Jersey City, NJ 07307

    --beds
    0baths
    --sqft
    : 
    $18,827/mo
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    MultiFamily
    Built in ----
    -- sqft lot
    $2,615,000 Zestimate®
    $--/sqft
    $-- HOA

    What's special

    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, expenses, rents, permits, and future projections.
    68 days
    |
    76
    |
    1
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    LUIZ BENTO 862-405-1152,

    XENTRY PROPERTY GROUP LLC 212-661-2000

    Source: HCMLS,MLS#: 260010609

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bathrooms: 0
      Heating
      • Forced Air, Baseboard, See Remarks
      Cooling
      • Central Air, Wall Unit(s)
      Features
      • Basement: None

      Property

      Parking
      • Parking features: None

      Construction

      Type & style
      • Home type: MultiFamily
      • Architectural style: Multi Level
      Materials
      • Aluminum Siding

      Community & HOA

      Location
      • Region: Jersey City

      Financial & listing details

      • Annual tax amount: $23,230
      • Date on market: 6/3/2026
      • Inclusions: sold as is
      • Exclusions: owners personal property

        Estimated market value

        $2,615,000

        $2.48M - $2.75M

        $2,994/mo

        Price history

        DateEventPrice
        6/12/2026Price change$2,700,000-10%
        Source: HCMLS #260010609 Report a problem
        6/3/2026Listed for sale$3,000,000
        Source: HCMLS #260010609 Report a problem
        7/30/2023Listing removed--
        Source: Zillow Rentals Report a problem
        7/9/2023Listed for rent$2,399
        Source: Zillow Rentals Report a problem
        6/19/2023Listing removed--
        Source: Zillow Rentals Report a problem
        5/29/2023Listed for rent$2,399-9.5%
        Source: Zillow Rentals Report a problem
        9/27/2022Listing removed--
        Source: Zillow Rental Network_1 Report a problem
        9/26/2022Listed for rent$2,650
        Source: Zillow Rental Network_1 #220017274 Report a problem

        Public tax history

        Tax history is unavailable.

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
        See how much you could borrow to make a competitive offer.
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        Climate risks

        Neighborhood: The Heights

        Getting around

        95 / 100
        Walker's Paradise
        66 / 100
        Good Transit
        74 / 100
        Very Bikeable

        Nearby schools

        GreatSchools rating

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