2-4 Family Home For Sale in Jersey City, NJ
MLS# : 240004064
PROPERTY DETAILS
PROPERTY DESCRIPTION
This large mixed use property, located on one of the historic Lincoln Park District's best streets, is your perfect investment! The commercial triplex contains a fully functioning and successful dental practice (great to continue a medical business, but suitable for many professional office set ups) complete with updated plumbing, central air (in the office) 2.5 bathrooms, an additional full finished basement + a residential unit above...making an ideal live/work space! The top floor offers an attractive 1 bedroom rental with vaulted ceilings, hardwood floors and nice updates including a recently redone bathroom. Rarely available 2 car on site parking, separate utilities and easily modifiable work spaces completes this perfect picture. Out your door, a plentiful clientele awaits! Across from acclaimed Learning Community Charter School, single family homes in the neighborhood average $1mm. Meanwhile 24hr NYC PATH trains at Journal Square, multiple bus routes, beautiful Lincoln Park, dining/nightlife and St Peter's University are an easy walk away. This great investment opportunity in growing area allows you to fully lease out, or have your own business with rental income to offset expenses!
Amenities
This listing is a courtesy of PROMINENT PROPERTIES SOTHEBY'S INTERNATIONAL REALTY
201-333-7717 office, listing agent DANIEL PELOSI
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 (2021): | 1.603% |
| Effective Tax Rate (2021): | 1.402% |
| Compare To Other Towns |
Jersey City Market Indicators
PRICE INDEX
| Average Price* (12mo): | $638,157 |
| Homes Sold* (12mo): | 202 |
SINGLE FAMILY HOME SALES
Jersey City, NJ
PRICE INDEX
| Average Price* (12mo): | $627,653 |
| Apatments Sold* (12mo): | 962 |
APARTMENT SALES
Jersey City, NJ
REAL ESTATE TAXES
| General Tax Rate (2021): | 1.603% |
| Effective Tax Rate (2021): | 1.402% |
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MADISON ADAMSTM
Ridgewood, NJ 07450
201-760-1100 (office)
201-760-1102 (fax)
| Homes : | $349,000 - 5,250,000 | 62 avail |
| Condos : | $162,500 - 4,148,000 | 372 avail |
| Co-ops : | $499,000 - 499,000 | 1 avail |
| Twnhs : | $399,000 - 1,699,000 | 16 avail |
| 2-4 Fam : | $380,000 - 3,995,000 | 117 avail |
| 5+ Fam : | $1,100,000 - 2,999,999 | 5 avail |
| Land : | $200,000 - 6,000,000 | 17 avail |
| Rentals : | $1,800 - 5,900 | 43 avail |
| Mixd Use : | $1,100,000 - 3,500,000 | 8 avail |
| Com S : | - | |
| Com L : | - | |
| Biz : | $65,000 - 1,250,000 | 10 avail |
