2-4 Family Home For Sale in Jersey City, NJ
MLS# : 250003293
PROPERTY DETAILS
PROPERTY DESCRIPTION
Presenting a remarkable investment opportunity! This income-producing two-family home, complete with a bonus basement unit, offers both immediate returns and long-term potential. Featuring one designated parking space and a spacious backyard, this property has been thoughtfully renovated in 2022 with a new roof, siding, modern appliances, updated wiring, plumbing, solar panels, and recessed lighting. Unit 1 boasts 2 well-sized bedrooms, formal living and dining rooms, a full bath, and a generous kitchen, while the bonus basement unit—currently leased alongside Unit 1—includes 2 additional bedrooms, a full bath, and an open-concept kitchen, living, and dining area. Unit 2 offers 3 bedrooms, a den, a full bath, a spacious kitchen, and a large living area, providing an excellent living space for tenants. Each unit benefits from separate hot water heaters, furnaces, electrical systems, and gas meters. Located just minutes from transportation to NYC, this property is ideally positioned for convenience and growth. The possibilities for use and rental income are limitless!
Amenities
This listing is a courtesy of CORCORAN SAWYER SMITH
201-653-8000 office, listing agent ANTONIQUE HODGE
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 | 57 |
| 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 | 107 |
| 5+ Fam : | $1,200,000 - 1,650,000 | 4 |
| Land : | $299,000 - 5,500,000 | 14 |
| Rentals : | $1,546 - 7,095 | 72 |
| Mixd Use : | $1,200,000 - 3,500,000 | 9 |
| Com S : | - | |
| Com L : | - | |
| Biz : | $60,000 - 2,000,000 | 8 |
