2-4 Family Home For Sale in Jersey City, NJ
MLS# : 250003584
PROPERTY DETAILS
PROPERTY DESCRIPTION
Welcome to this fantastic income producing property with excellent investment potential. Built in 2005, this lovely 2 family boasts 9 bedrooms, 5 bathrooms, as well as a 1-car garage, and large backyard perfect for outdoor hosting and activities. With easy access to public transportation in walking distance, you'll find the 2nd street light rail and busses to Port Authority close by. Be in the city within 30 minutes! Also close to Riverpark Franklin Market, find yourself in one of the most vibrant areas of Jersey City! Current gross income $98640, current zoning R-2D allows up to 4 residential united with possibility of incorporating office or commercial space on the ground floor. Do not miss this great opportunity, schedule a viewing today!
Amenities
This listing is a courtesy of COLDWELL BANKER REALTY
201-963-1400 office, listing agent RAMESH NARAYAPPA
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): | $720,864 |
| Homes Sold* (12mo): | 225 |
SINGLE FAMILY HOME SALES
Jersey City, NJ
PRICE INDEX
| Average Price* (12mo): | $661,544 |
| Apatments Sold* (12mo): | 1,076 |
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 | 361 |
| Co-ops : | $549,000 - 549,000 | 1 |
| Twnhs : | $399,900 - 1,749,000 | 13 |
| 2-4 Fam : | $384,900 - 2,750,000 | 114 |
| 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 | 7 |
