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Susan Maryanski

Operator | Opulent Living | Keller Williams City Life

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386 Bergen Ave , Jersey City, NJ 07304
$1,375,000
Est. Payment: $7,081.28/mo
0 Bed
0 Bath
0 Sqft
Status: ACTIVE | Days on site: 28
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2068 - 17351,15771
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Susan Maryanski
Operator

House Description

Acquire a well-located 7-unit multifamily property with immediate upside. Offered at an attractive 6.2% going-in capitalization rate, the asset presents a clear path to increased cash flow through mark-to-market rent growth and expense optimization. Investors can capitalize on below-market rents, improve operational efficiencies, and unlock significant NOI growth over time. 386 Bergen Avenue, located in the heart of Bergen-Lafayette neighborhood, Jersey City's fastest-evolving submarket. The Property has been comprehensively overhauled by current ownership, delivering modern, well-functioning units with hardwood floors, renovated kitchens and baths, central HVAC, and a recently repaired roof. Each unit measures approximately 1,000 square feet, and six of the seven units are configured as 2-bed/2-bath. A large-format mural by acclaimed Jersey City artist BK Foxx — titled "Maybe It's Me"? and completed in 2019 — adorns the building's eastern facade. Bounded by the Hudson-Bergen Light Rail, Liberty State Park, and the Communipaw and MLK Drive commercial corridors. Door-to-Lower-Manhattan commute is 25-35 minutes via the Hudson-Bergen Light Rail + PATH connection.

Highlights

Listed by MEGHAN PERIH , 866-201-6210 and ERIK GOLDFARB , 866-201-6210 EXP REALTY LLC , 866-201-6210. Hudson County Multiple Listing Service

Property Type

Commercial Sale

County

Hudson

Neighborhood

West Bergen

Listing ID

260013457

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:0
  • Bathrooms:0
  • Full Bathrooms:

Exterior Features

Lot Dimensions:33.14 x 100
Parking Features:Has Parking
Principal Interest
$7,081
Taxes
$877

Home Price

$1,375,000

Loan Details

30 yrs
6.677%

Down Payment

20%
$275,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$7,081.28

Principal

Taxes

Principal Taxes HOA Total
Monthly $7,081.28 $876.56 $0.00 $7,957.85
Yearly $84,975.41 $10,518.75 $0.00 $95,494.16
Total $2,549,262.18 $315,562.50 $0.00 $2,864,824.68

Today's Rates

30 Year

6.68%

20 Year

6.59%

15 Year

6.04%

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Market insight data is pulled from the same city as the listing being viewed (Jersey City, NJ).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Information provided by Hudson County Multiple Listing Service, and is deemed reliable but not guaranteed accurate.

IDX service by Blueroof 360

Data last updated: 2026-09-05T15:25:16.100Z

© 2026 Hudson County Multiple Listing Service