2-4 Family Home For Sale in Jersey City, NJ
MLS# : 25010120
PROPERTY DETAILS
PROPERTY DESCRIPTION
111 Orient is a property that covers 2660 square feet and consists of two apartments, each featuring 3 to 4 bedrooms, an eat-in kitchen, and one full bathroom. There is a complete, dry basement that offers ample storage and considerable potential. The property has both front and back entrances, as well as a fenced yard. The upper unit is currently leased through Section 8 for $2100 approx., while the lower unit is rented for $1400 approx., which is below market rate and operates on a month-to-month basis. . This property is perfect for investment or personal use. Both apts occupied call listing agent to schedule appt. Photos are of 2nd fl apt which is similar to first floor layout. Currently tenant occupied, call listing agent to show, must give tenants advance notice. Orient Ave is a welcoming community in Jersey City, recognized for its peaceful streets and strong community spirit.
Amenities
This listing is a courtesy of Coldwell Banker, Hillsdale
201-930-8820 office, listing agent Lori R. Carbone
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): | $717,571 |
| Homes Sold* (12mo): | 222 |
SINGLE FAMILY HOME SALES
Jersey City, NJ
PRICE INDEX
| Average Price* (12mo): | $659,610 |
| Apatments Sold* (12mo): | 1,088 |
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 : | $350,000 - 2,795,000 | 60 |
| Condos : | $199,000 - 4,048,000 | 435 |
| Co-ops : | $499,000 - 529,000 | 2 |
| Twnhs : | $449,000 - 1,700,000 | 15 |
| 2-4 Fam : | $365,900 - 2,750,000 | 120 |
| 5+ Fam : | $1,000,000 - 1,650,000 | 5 |
| Land : | $501,000 - 5,500,000 | 14 |
| Rentals : | $1,550 - 5,900 | 58 |
| Mixd Use : | $649,999 - 1,650,000 | 8 |
| Com S : | - | |
| Com L : | - | |
| Biz : | $60,000 - 2,000,000 | 6 |
