2-4 Family Home For Sale in Jersey City, NJ
MLS# : 24029603
PROPERTY DETAILS
PROPERTY DESCRIPTION
Discover the potential of this legal 2-family home in the vibrant Bergen-Lafayette neighborhood of Jersey City. With three levels of living space, including a walkout basement, this property is a prime opportunity for investors or first-time buyers looking to generate rental income and offset their monthly mortgage. With some sweat equity and TLC, it offers a tremendous upside for those willing to bring their vision to life. The ongoing trend of development and revitalization in Bergen-Lafayette makes this a smart investment, with new parks, restaurants, and community spaces continually enhancing the area's appeal. Whether you plan to renovate and rent, live in one unit while leasing the other, or create a multi-generational living space, this property offers endless possibilities. Take advantage of the growing demand in this dynamic neighborhood and position yourself to benefit from its ongoing transformation. Don't miss out on this chance to invest in Bergen-Lafayette's future!
Amenities
Close/Parks, Close/School, Close/Shopg, Close/Trans, 1st Flr Primary Bdrm
This listing is a courtesy of Coldwell Banker, Summit
(908) 522-1800 office, listing agent Corey Jones
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% |
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MADISON ADAMSTM
Ridgewood, NJ 07450
201-760-1100 (office)
201-760-1102 (fax)
| Homes : | $269,000 - 2,895,000 | 78 avail |
| Condos : | $155,000 - 4,148,000 | 397 avail |
| Co-ops : | $549,000 - 549,000 | 1 avail |
| Twnhs : | $424,999 - 1,749,000 | 9 avail |
| 2-4 Fam : | $199,900 - 2,750,000 | 115 avail |
| 5+ Fam : | $1,200,000 - 2,999,999 | 4 avail |
| Land : | $399,000 - 5,500,000 | 16 avail |
| Rentals : | $1,546 - 7,295 | 78 avail |
| Mixd Use : | $1,200,000 - 3,500,000 | 9 avail |
| Com S : | - | |
| Com L : | - | |
| Biz : | $70,000 - 2,000,000 | 8 avail |
