The Costanza Read · how this price compares
$1,580,000
median ask for comparable multi-family homes in Jersey City is $992,000 · based on 200 active listings
At $1,580,000, this home is priced ~59% above the median for its class. Priced at a premium — worth seeing what justifies it.
Want the recent sold comps on this exact block too? Ask Andrew →
About this home
Turnkey 3-Family Investment Opportunity at 246 Pine Street, Lafayette, Jersey City Exceptional income-producing property in one of Jersey City's most in-demand neighborhoods! This 3-unit building, with three spacious 2-bedroom/1-bath units totalling approximately 2,850 sq ft, plus a full basement for additional storage, was fully gut-renovated down to the studs in 2017 and is currently 100% tenant-occupied, offering a true turnkey opportunity for investors seeking stable cash flow with minimal near-term capital expenditure. During the renovation, the current owner rebuilt the entire building with an eventual condo conversion in mind, so the layout and systems are already positioned to support that path for a future owner.
Set on a 25 x 90 lot, the property offers excellent scale for the neighborhood. Each unit showcases a stylish modern/industrial aesthetic with exposed ductwork, stainless steel appliances, custom cabinetry with tile backsplash, quartz countertops, and recessed lighting. Units feature large bedrooms with ample closet space, hardwood floors, ceiling fans, central air conditioning, in-unit washer/dryer, NEST thermostats, and video intercom entry. Every unit is individually heated with its own boiler, keeping utilities separate by unit and simplifying ownership and management. Outdoor space for each tenant plus a large shared yard is a key feature adding to stro.
The details
Property Type3-4 Family
StatusActive · listed 12 days ago
List Price$1,580,000
Bathrooms3
LocationJersey City, NJ 07304
MLS #260018732
Estimate the monthly payment
—est. / month · principal & interest
Estimate only — property taxes, insurance, and any HOA are extra. Get a real pre-approval →
Living on Pine St
246 Pine St sits on Pine St in Jersey City. Journal Square, Downtown and the Heights each have their own distinct character. It's within reach of the PATH and the Hudson-Bergen Light Rail, putting Lower Manhattan and the Jersey City waterfront minutes away. The Holland Tunnel, Route 440 and the NJ Turnpike Extension keep the rest of the region close.
As a 3-4 family in Jersey City, it's the kind of turnkey listing buyers watch for — and in this market, homes like this tend to move on the first weekend. If it fits what you're after, the smart move is to see it early.
246 Pine St, Jersey City
Good to know
Is 246 Pine St still available?
Yes — it's active on the Hudson County MLS (listed 12 days ago) at $1,580,000. Text Andrew Diaz at (551) 235-3473 to confirm and book a showing.
How many bedrooms and bathrooms does 246 Pine St have?
It offers 3 bathrooms.
How do I see 246 Pine St in person?
Tap “Request a tour,” drop your name and number, and Andrew Diaz will text you back within minutes with showing times — including this weekend.
