Single Family Home For Sale in Jersey City, NJ
MLS# : 240008713
PROPERTY DETAILS
PROPERTY DESCRIPTION
Discover the potential of owning a substantial property in the thriving Greenville section of Jersey City. Welcome to 608 Ocean Avenue, a spacious single-family home featuring 5 bedrooms and 2.5 bathrooms. Situated on the largest lot on the block, approximately 39X115 feet, this residence offers ample outdoor space for personal enjoyment, or potential expansion. The interior boasts a generous living space thoughtfully designed to accommodate large living areas and bedrooms. Recent upgrades include newer appliances, a new boiler, and a well-maintained roof/siding. An extension added in the 2000s lays a solid foundation for potentially converting this home into a multi-family dwelling, given its R2 zoning. Offered "as-is", this home just needs the right level of TLC to become either a remarkable dream home or a profitable rental property. This property grants you the freedom to renovate and customize it to your preferences, or leverage it as a lucrative investment property. Conveniently located just 0.25 miles from the MLK Light Rail Station and with bus stops on both corners of the street, commuting is effortless. Seize this unique opportunity in one of Jersey City’s most sought-after areas!
Amenities
Refrigerator, Washer/Dryer, Oven/Range Gas
This listing is a courtesy of EXP REALTY LLC
866-201-6210 office, listing agent MOUSTAFA AHMED
About Jersey City, NJ Real Estate Market
Jersey City currently serves as a prime hub for distribution and transportation terminus for the Port of New York and New Jersey. Ever since the redevelopment of the Jersey City Waterfront happened, Jersey City became a major hub for banking and finance in the United States of America. All these developments in these years also resulted in the development of Hudson County real estate in the city.
Consisting of most of the parts of Ellis Island, Jersey City also surrounds Liberty City through its waters in the Upper New York Bay. Thanks to its proximity and easy connectivity to Manhattan, Jersey City is also considered the sixth borough of New York City. Jersey City has some of the earliest European settlements in North America, which played a crucial role in the development of various sections of the city.
| Population: | 267,345 |
| Total Housing Units: | 104,018 |
| Single Family Homes: | 36,684 |
| Apartments: | 67,334 |
| General Tax Rate (2021): | 1.603% |
| Effective Tax Rate (2021): | 1.402% |
| Compare To Other Towns |
Jersey City Market Indicators
PRICE INDEX
| Average Price* (12mo): | $637,458 |
| Homes Sold* (12mo): | 213 |
SINGLE FAMILY HOME SALES
Jersey City, NJ
PRICE INDEX
| Average Price* (12mo): | $630,338 |
| Apatments Sold* (12mo): | 970 |
APARTMENT SALES
Jersey City, NJ
REAL ESTATE TAXES
| General Tax Rate (2021): | 1.603% |
| Effective Tax Rate (2021): | 1.402% |
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MADISON ADAMSTM
Ridgewood, NJ 07450
201-760-1100 (office)
201-760-1102 (fax)
| Homes : | $365,000 - 3,995,000 | 76 avail |
| Condos : | $199,000 - 4,148,000 | 431 avail |
| Co-ops : | $485,000 - 545,000 | 5 avail |
| Twnhs : | $379,900 - 1,699,000 | 13 avail |
| 2-4 Fam : | $450,000 - 3,995,000 | 133 avail |
| 5+ Fam : | $1,100,000 - 2,999,999 | 4 avail |
| Land : | $200,000 - 6,000,000 | 15 avail |
| Rentals : | $1,500 - 4,500 | 49 avail |
| Mixd Use : | $1,100,000 - 3,500,000 | 7 avail |
| Com S : | - | |
| Com L : | - | |
| Biz : | $65,000 - 1,250,000 | 10 avail |
