2-4 Family Home For Sale in Jersey City, NJ
MLS# : 240019426
PROPERTY DETAILS
PROPERTY DESCRIPTION
Special first time homebuyers program with Kearny Bank! No PMI, no bank fees, and low rate for first time homebuyers. Excellent low rate. Contact for more info. Amazing investment opportunity in the vibrant heart of Jersey City! Great location with convenient access to the Journal square path, shopping, dining, and entertainment, making it a highly desirable spot for both tenants and homeowners alike. This delightful 2-family home is a renovator's dream, poised to be transformed into a stunning residence or a lucrative rental property. Updates to the home include a back up generator installed in 2019. The First floor has newer tiling for the kitchen and walls and floor installed in 2018. Electrical wiring is new and replaced in 2018. Water heater was replaced last October. The first floor features a cozy 1-bedroom, 1-bath unit, while the second floor boasts a spacious 2-bedroom, 1-bath unit. The home has a nice private backyard space. With separate entrances for each unit, you have the flexibility to generate rental income or occupy one unit while renting out the other, maximizing your investment potential. Investors will appreciate the lucrative rental market in this thriving area, while those with a creative vision will find endless possibilities to customize and enhance this charming property. Don't miss this rare chance to make your mark in Jersey City real estate! Schedule a viewing today.
Amenities
This listing is a courtesy of REDFIN CORPORATION
201-646-5774 office, listing agent YU XI LIU
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 (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 |
SINGLE FAMILY HOME SALES
Jersey City, NJ
PRICE INDEX
| Average Price* (12mo): | $653,404 |
| Apatments Sold* (12mo): | 1,041 |
APARTMENT SALES
Jersey City, NJ
REAL ESTATE TAXES
| General Tax Rate (2023): | 2.246% |
| Effective Tax Rate (2023): | 1.944% |
Search
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MADISON ADAMSTM
Ridgewood, NJ 07450
201-760-1100 (office)
201-760-1102 (fax)
| 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 |
