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186-188 Kensington Ave
Jersey City, NJ 07306 West Side-Hudson

$4,250,000 USD

Apartments For Sale • 11,818 SF

Property Details

Property Type Apartments
Total Building Size 11,818 SF
Lot Size 0.11 AC
Building Class B
Year Built 2022
Cap Rate 5.27 %
Zoning R1, Use Group R2

63 Transit Score

91 Walk Score

                
                    Highlights
                
                                Rare Luxury New Construction Multifamily Investment Opportunity 
                            
                                Featuring Stunning Views of Lincoln Park
                            
                                Elevator, Rooftop Deck, Garage Car Parking, Bike Storage, Quartz Countertops, European Cabinetry, Private Outdoor Spaces
                            
                                Walk to Journal Square Path, 30 Minutes to New York City

Property Flyers

186-188 Kensington Brochure

Financial Summary (Proforma)

Net Operating Income: $224,116 USD (2025)

Cap Rate:	5.27 %
Total Expenses:	$131,504 USD

Amenities

Smoke Detector

Public Transportation

Commuter Rail	Drive	Walk	Distance
Journal Square (Journal Square-33rd Street - Port Authority Trans-Hudson (PATH), Newark Penn Station-World Trade Center - Port Authority Trans-Hudson (PATH))	4 min	-	1.4 mi
Grove Street (Journal Square-33rd Street - Port Authority Trans-Hudson (PATH), Newark Penn Station-World Trade Center - Port Authority Trans-Hudson (PATH))	6 min	-	2.5 mi
Transit/Subway	Drive	Walk	Distance
West Side Avenue (West Side Avenue-Tonnelle Avenue - Hudson-Bergen Light Rail (Hudson-Bergen Light Rail))	4 min	19 min	1.0 mi
Airport	Drive	Walk	Distance
Newark Liberty International	12 min	-	7.2 mi
LaGuardia	34 min	-	15.0 mi
John F Kennedy International	43 min	-	23.2 mi

Parking Details

Parking Available:	Yes
Reserved:	No
Spaces Provided:	6
Type:	Surface
Included in Rent:	Yes

Minni Chalana 212-844-9393 eXp Realty

186-188 Kensington Ave Jersey City, NJ 07306 West Side-Hudson