2-4 Family Home For Sale in Jersey City, NJ
MLS# : 250001952
PROPERTY DETAILS
PROPERTY DESCRIPTION
This prime investment opportunity in Jersey City features a spacious multi-family home with incredible potential. The first unit spans the ground & second floors, offering two bedrooms, 2 bathrooms, a kitchenette, a full kitchen, a living & dining area. The second unit covers the third & fourth floors, featuring two kitchens, two full bathrooms, a living room, & three bedrooms. Both units include washer & dryer hookups & gas cooking. A basement provides extra storage & houses utility meters. With potential to convert into a three-family home, this is a rare chance to maximize rental income. Located between Journal Square & McGinley Square, it's near NYC & NJ transit, parks, shopping, & schools. Don't miss your chance to own a piece of Jersey City real estate in a thriving neighborhood!
Amenities
This listing is a courtesy of KELLER WILLIAMS REALTY WEST MONMOUTH
732-536-9010 office, listing agent JOSE SANCHEZ
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): | $711,295 |
| Homes Sold* (12mo): | 213 |
SINGLE FAMILY HOME SALES
Jersey City, NJ
PRICE INDEX
| Average Price* (12mo): | $657,792 |
| Apatments Sold* (12mo): | 1,062 |
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 : | $375,000 - 3,495,000 | 64 avail |
| Condos : | $155,000 - 4,148,000 | 370 avail |
| Co-ops : | $549,000 - 549,000 | 1 avail |
| Twnhs : | $424,999 - 1,749,000 | 11 avail |
| 2-4 Fam : | $3,500 - 2,750,000 | 95 avail |
| 5+ Fam : | $1,200,000 - 1,650,000 | 4 avail |
| Land : | $501,000 - 5,500,000 | 13 avail |
| Rentals : | $1,546 - 7,095 | 71 avail |
| Mixd Use : | $1,200,000 - 3,500,000 | 9 avail |
| Com S : | - | |
| Com L : | - | |
| Biz : | $60,000 - 2,000,000 | 10 avail |
