Single Family Home For Sale in Jersey City, NJ

MLS# : 240017922

Street : 55 RESERVOIR AVE
Price : $1,450,000
Town : Jersey City, NJ 07307
Annual Taxes : $12,621

PROPERTY DETAILS

# of Rooms : 15
Bedrooms : 7
Full Baths :
Half Baths :
Basement : Full, Partial Finish, Walk-Out
Year Built :
Lot Size :
Style : Colonial,Victorian
Exterior Finish : Aluminum/Vinyl
Exterior : Aluminum/Vinyl
Heat/Cool : A/C Window, Gas, Radiators

PROPERTY DESCRIPTION

Turn back time as you immerse yourself into history with this stunning 3900 sq ft Queen Ann style home, a true pre-war masterpiece, built in 1872, is rich in character and original craftsmanship. As you approach, the original wooden doors and trim welcome you into a timeless space adorned with exquisite details, including a Victorian-era Lincrusta chair rail lining the hallway and staircase. The first level boasts a spacious living room featuring a decorative hand carved marble fireplace, seamlessly flowing into the formal dining room through preserved original pocket doors. The oversized windows in the living room and bay window in the dining room allow the light to pour in. The spacious eat-in kitchen presents a blank canvas for you to create the kitchen of your dreams. Adjacent to the kitchen, the sunroom—complete with shatterproof windows—can be made into a serene retreat or additional space for the kitchen, while a full bathroom on this level adds to the convenience. The garden level offers a renovated studio apartment with a full bath updated two years ago. This space features ground-level walk-out access and beautifully preserved original long pine tongue-and-groove floors. Just outside the studio is an unfinished area, perfect for your personal vision or storage. On the second level, you'll find three generously sized bedrooms, one with a decorative marble fireplace, and a cozy den. A newly renovated full bathroom includes modern touches like a glass shower door and a state-of-the-art shower panel system. The third level offers three more bedrooms, a fully equipped kitchen, and a recently updated bathroom with NYC skyline views. Throughout the home, you'll find unique touches like parquet floors with intricate inlaid designs, original chandelier medallions, 11 ft. ceilings on the first flr, 9 ft. ceilings on the second floor, and 12" trim throughout the first floor. The home also features double-paned windows, many of which are only five years old, allowing natural light to flood every room. Beneath all floor coverings, including the parquet, lies untouched original pine tongue-and-groove flooring. The property also includes a two-car garage with parking for up to four more vehicles in the driveway, and a fenced-in yard. With its prime location just three blocks from the newly renovated Pershing Field, Central Ave shopping and restaurants, the elementary school just 6 blocks away, and the 123 and 119 bus lines that will have you in Manhattan in under 20 minutes, this home offers convenience and potential, including the option to generate income by renting the garden-level studio as an Airbnb or longer term rental. For added convenience, there's a 2 car garage and parking in the driveway up to 4-5 cars. This home is truly unique and is perfect for those seeking a blend of historical charm and modern convenience.

Amenities

  • Hardwood Floor
Appliances Included :

Dishwasher, Refrigerator, Washer/Dryer, Oven/Range Gas

This listing is a courtesy of EXP REALTY LLC
866-201-6210 office, listing agent DEAN CLARK

About Jersey City, NJ Real Estate Market

With an area of 21.13 square miles and a population of more than 290,000, Jersey City is one of the largest cities in the USA and the second-most populous city in New Jersey after Newark. A part of Hudson County from New Jersey and the New York metropolitan area, Jersey City is present on the west of Hackensack River, on a peninsula known as Bergen Neck.

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 (2023):  2.246%
Effective Tax Rate (2023):  1.944%
Compare To Other Towns

Jersey City Market Indicators

PRICE INDEX

Average Price* (12mo):  $676,026
Homes Sold* (12mo):  213
PRICE INDEX
SINGLE FAMILY HOME SALES

Jersey City, NJ
12 Month Moving Average


1 YR 2 YR 3 YR 5 YR 7 YR MAX
 

Download Full Home Sales Report

PRICE INDEX

Average Price* (12mo):  $653,404
Apatments Sold* (12mo):  1,041
PRICE INDEX
APARTMENT SALES

Jersey City, NJ
12 Month Moving Average


1 YR 2 YR 3 YR 5 YR 7 YR MAX

 

Download Full Apartment Sales Report

REAL ESTATE TAXES

General Tax Rate (2023):  2.246%
Effective Tax Rate (2023):  1.944%
GENRAL TAX RATE - Jersey City, NJ



MADISON ADAMSTM

office: 201-760-1100
84 E Ridgewood Ave, Suite 201
Ridgewood, NJ 07450
201-760-1100 (office)
201-760-1102 (fax)

Contact Info

FOR APPOINTMENTS CONTACT


Sales Associate
917-863-6560 (cell)

Madisom Adams Sales Associate Cindy Chiashin Shih


Managing Partner
Broker Associate
646-279-8233 (cell)

Madisom Adams Broker Associate Helena Lobo-Zagorski


Sales Associate
201-982-0358 (cell)

Madisom Adams Sales Associate Yuriy Zatuchny


Real estate inventory
Jersey City
Homes : $349,000 - 3,495,000 78 avail
Condos : $155,000 - 6,995,000 434 avail
Co-ops : $549,000 - 549,000 1 avail
Twnhs : $424,999 - 1,869,000 13 avail
2-4 Fam : $425,000 - 3,495,000 140 avail
5+ Fam : $1,200,000 - 2,999,999 5 avail
Land : $399,000 - 6,750,000 16 avail
Rentals : $1,546 - 7,295 66 avail
Mixd Use : $1,200,000 - 3,500,000 10 avail
Com S : -
Com L : -
Biz : $70,000 - 2,000,000 7 avail


Similar Listings in Jersey City

The data relating to the real estate for sale on this web site comes in part from the Internet Data Exchange Program of the NJMLS. Real estate listings held by brokerage firms other than Madison Adams are marked with the Internet Data Exchange logo and information about them includes the name of the listing brokers. Some properties listed with the participating brokers do not appear on this website at the request of the seller. Listings of brokers that do not participate in Internet Data Exchange do not appear on this website.
NJMLS is the owner of the copyrights of the listing content displayed for IDX. The NJMLS Internet Data Exchange Logo is a service mark owned by the NJMLS, Inc. All information deemed reliable but not guaranteed. Last date updated: 11/24/2024 00:05 AM Source: New Jersey Multiple Listing Service, Inc. “©2024 New Jersey Multiple Listing Service, Inc. All rights reserved.”


General Tax Rate is used to determine the amount of real estate tax levied upon a particular property. This rate is used to compute the tax bill.

Effective Tax Rate is used to compare of one district to another district based on the assumption that all districts are at 100% valuation. This rate has been computed by the State of New Jersey Department of the Treasury using County Equalization Average Ratios. This rate is NOT to be used to compute the tax bill.

Data Source: US Census 2010, NJ MLS, State of New Jersey Department of the Treasury

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Madison AdamsTM

84 E Ridgewood Ave, Suite 201
Ridgewood, NJ 07450
201 760-1100 (office)
201 760-1102 (fax)
office@madisonadams.com