2-4 Family Home For Sale in Jersey City, NJ
MLS# : 250002908
PROPERTY DETAILS
PROPERTY DESCRIPTION
Nestled in the heart of Jersey City Heights, 111 Lake St. is a well-maintained two-family home offering both comfort and convenience. This 2-family home features two generous 3-bedroom, 2-bathroom units, each designed with modern living in mind. Unit 2 boasts stunning skylight windows that fill the space with natural light, creating an airy and inviting atmosphere. Both units include private balconies, perfect for enjoying a morning coffee or unwinding in the evening. The home is equipped with central air, a one-car garage, and a fully finished basement, adding extra space and functionality. A private backyard provides a peaceful retreat, ideal for entertaining or relaxing outdoors. With both units currently rented, this property presents an excellent investment opportunity with strong rental income potential. Located in the vibrant Jersey City Heights neighborhood, residents enjoy easy access to trendy cafes, diverse dining options, boutique shops, and beautiful parks. The area is known for its strong sense of community, excellent public transportation options, and close proximity to New York City, making it a sought-after destination for commuters and families alike. Whether you're looking for a solid investment or a place to call home, this property offers the perfect blend of urban convenience and neighborhood charm.
Amenities
This listing is a courtesy of PROMINENT PROPERTIES SOTHEBY'S INTERNATIONAL REALTY
201-333-7717 office, listing agent MEGHA MOZA
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 - 3,000,000 | 59 |
| Condos : | $155,000 - 4,148,000 | 362 |
| Co-ops : | $549,000 - 549,000 | 1 |
| Twnhs : | $399,900 - 1,749,000 | 13 |
| 2-4 Fam : | $384,900 - 2,750,000 | 112 |
| 5+ Fam : | $1,200,000 - 1,650,000 | 4 |
| Land : | $299,000 - 5,500,000 | 14 |
| Rentals : | $1,546 - 7,095 | 71 |
| Mixd Use : | $1,200,000 - 3,500,000 | 9 |
| Com S : | - | |
| Com L : | - | |
| Biz : | $60,000 - 2,000,000 | 8 |
