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31533759
31533767

934 Pavonia Ave, Jersey City, NJ 07306

BR
NJ 1008875
Prominent Properties Sotheby's International Realty
AM
NJ 1005004
Prominent Properties Sotheby's International Realty
Listed by Prominent Properties Sotheby's International Realty
Unpriced
100 days on market
Updated 64 days ago

Multifamily + 9 Units + Journal Square

Details
Property Type Multifamily
Sub Type Apartment Building
Units 9
Buildings 1
Lot Size (SqFt) 3,600

Multifamily | 9 Units

Marketing description

Solid 9-unit brick asset in the heart of Journal Square, one of Jersey City’s fastest-growing submarkets. Fully stabilized with strong in-place income and immediate upside through rent optimization and light operational improvements. Ideal for investors seeking a cash-flowing property with long-term appreciation driven by continued development, transit access, and neighborhood growth.

Prime location near PATH, major redevelopment pipeline, and strong rental demand. Turnkey with clear value-add potential.

Investment highlights

Stabilized 9-Unit Asset – Consistent in-place cash flow with strong occupancy

Value-Add Upside – Below-market rents with mark-to-market potential

Prime Journal Square Location – Steps to PATH, major redevelopment, and transit connectivity

Strong Rental Demand – Proven tenant base in a rapidly growing submarket

Solid Brick Construction – Low-maintenance, durable building

Favorable Unit Mix – Efficient layouts appealing to local renter pool

Long-Term Appreciation Play – Positioned in one of Jersey City’s highest growth corridors

Investor-Friendly Asset – Ideal for both passive income and active repositioning

Limited Supply Submarket – Continued demand driven by new development and infrastructure investment

Listing Contacts

BR
NJ 1008875
Prominent Properties Sotheby's International Realty
AM
NJ 1005004
Prominent Properties Sotheby's International Realty
Listed by Prominent Properties Sotheby's International Realty

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Zoning

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R-1 ResidentialSingle FamilyNeighborhood Housing
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Last updated Jun 22, 2026 For deeper zoning details, reports are available at Zoneomics

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Property History

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Additional Information

Name
Basilio Rivera
License
1008875
Brokerage
PPSIR Sotheby's International Realty
Title
Broker Associate
Name
Amar Mody
License
1005004
Brokerage
Prominent Properties Sotheby's International Realty
Title
Sales Associate
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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