2-4 Family Home For Sale in Jersey City, NJ
 

MLS# : 240022757

Street : 287 FORREST ST
Price : $1,150,000
Town : Jersey City, NJ 07304
Annual Taxes : $5,287

PROPERTY DETAILS

# of Rooms :
Bedrooms :
Full Baths :
Half Baths :
Basement : Finished
Year Built :
Lot Size :
Style : Other-See Remarks
Exterior Finish : Other-See Remarks
Exterior : Other-See Remarks
Heat/Cool : A/C Central, Gas

PROPERTY DESCRIPTION

Welcome to 287 Forrest St, an exceptional two-family property offering luxury living and excellent rental income potential in the thriving Bergen-Lafayette neighborhood. Built with contemporary design and functionality, this property features two spacious duplex units, each with private outdoor spaces, high-end finishes, and thoughtful layouts. Unit 1 A 3-bedroom, 1.5-bath duplex with a private backyard, perfect for entertaining or relaxation. The home boasts oak flooring throughout, oversized windows for natural light, and a seamless open-concept living and kitchen area. The kitchen is appointed with quartz countertops, a spacious peninsula, and modern finishes. Bedrooms are generously sized, and the bathrooms feature porcelain tile and designer LED-lit mirrors. Unit 2 A 3-bedroom + den, 2-bath duplex with an expansive private roof deck offering views and space for gatherings. This unit mirrors the upscale finishes of Unit 1, with oak flooring, oversized windows, and an open kitchen/living area with quartz countertops. The upper level includes two bedrooms and a den, while an additional bedroom is conveniently located off the main living floor. Location Highlights Situated just one block from the Light Rail to NYC and within walking distance of shops, restaurants, and the vibrant Bergen-Lafayette community, this property is ideally located for both renters and owners alike. Why Invest in 287 Forrest St? Versatile property with two well-appointed units, each with private outdoor spaces Situated in a high-demand area with growing rental potential Modern finishes and layouts attract high-quality tenants Ideal for owner-occupiers seeking additional rental income Don't miss this rare opportunity to own a turnkey investment in one of Jersey City’s most exciting neighborhoods. Contact us today to schedule a private showing of this exceptional two-family property.

Amenities

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

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


Sales Associate
201-725-1170 (cell)

Madisom Adams Sales Associate Juan Carlos Guevara


Sales Associate
610-844-6866 (cell)

Madisom Adams Sales Associate Maria Cisneros Martinez


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: 11/23/2024 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