Matthews Real Estate has been exclusively selected to market for sale a newly constructed mixed-use multifamily property on Stegman Street in the Bergen-Lafayette node of Jersey City. The property has 100% free-market rents and a unit mix of 18 two-bedroom units. Each unit features modern finishes, in-unit laundry, and high-end amenities, including electric padlocks and four oversized balconies. Currently marketed at a 6.5% cap rate, the property offers a compelling 5,63% cash-on-cash return on investment. Tenants are responsible for their own cooking gas and electricity, while the landlord covers common area electricity, heat, and water/ sewer expenses. Located in the Bergen-Lafayette node of Jersey City on Stegman Street, the property is conveniently situated within a 3-minute walk to Martin Luther King Jr. Drive at the Stegman Street bus stop. This station provides easy access to Midtown Manhattan in approximately 55 minutes. Additionally, it is approximately 2.5 miles from the Journal Square Path Station, offering a direct 15-minute commute to the World Trade Center and a 22-minute ride to Midtown Manhattan. The building also enjoys proximity to Newark Liberty Airport, JFK, and La Guardia Airport, with straightforward access to Route 1 and 9, Interstate 95, and Interstate 78. The Bergen-Lafayette node has undergone significant development and capital investment, making it an increasingly attractive area for tenants seeking more affordable housing compared to the saturated markets of Downtown and Journal Square Jersey City. Broker of Record: Patrick Forde | License No. 2330333 (NJ)