747 Grand

The Asset

747 Grand is a 36-unit multifamily property in the Bergen-Lafayette neighborhood of Jersey City, New Jersey, acquired by Prizma Capital in 2019. Built in 2017, the five-story elevator building offers one- and two-bedroom units with open layouts, stainless steel appliances, and in-unit washer/dryer hookups. Since 2022, a light value-add program has focused on unit turnover upgrades and minor common area improvements.