2-4 Family Home For Sale in Jersey City, NJ
 

MLS# : 240007143

Street : 225 FREEMAN AVE
Price : $999,999
Town : Jersey City, NJ 07306
Annual Taxes : $16,917

PROPERTY DETAILS

# of Rooms :
Bedrooms :
Full Baths :
Half Baths :
Basement : None
Year Built :
Lot Size :
Style : Contemporary,Multi-Level
Exterior Finish : Aluminum/Vinyl, Brick
Exterior : Aluminum/Vinyl, Brick
Heat/Cool : A/C Central, Hot Air, Gas

PROPERTY DESCRIPTION

Welcome to your dream investment opportunity in Journal Square! Nestled in this vibrant neighborhood, this stunning 2,800+ square foot 2-family home with two duplex units is a testament to contemporary comfort and practicality. Built in 2022, it combines the allure of modern living with the benefit of rental income. Unit 1 welcomes you with a sleek, sunlit duplex featuring a chef's dream kitchen boasting oversized windows, stainless steel appliances with hood vent, quartz countertops, and ample cabinet space. Step into a spacious living area or bedroom flooded with natural light, complete with tremendous amount of closet space and a beautifully tiled full bath, leading seamlessly to a private backyard oasis, perfect for gatherings and entertaining. Upstairs, discover two spacious bedrooms and 1 full bath, providing comfort and convenience at every turn. Unit 2 showcases a meticulously planned layout, featuring a well-equipped kitchen, expansive living space, and a convenient half bathroom on the first level. Upstairs, you'll find three bedrooms and two full bathrooms, securing ample space for all. Considering unit 2 is already rented out, it makes it the perfect choice for savvy buyers looking to start collecting rental income right away and occupying the first floor unit. This home features central heating and cooling, designated new washer and dryer in each unit, this home is also equipped with 2 EV chargers, including a tesla charger to enhance the convenience for those that own electric vehicles. Convenience is key with this property, as it sits within proximity to Lincoln Park, bus stops connecting you to NYC, about 7.5 miles from Newark International Airport, and near major highways such as Route 440 and Route 1&9. Whether you're seeking a newer contemporary residence or an investment opportunity, this home offers the best of both worlds. Don't miss your chance to experience the epitome of urban living in Journal Square!

Amenities

This listing is a courtesy of PROMINENT PROPERTIES SOTHEBY'S INTERNATIONAL REALTY
201-223-4207 office, listing agent JUSTIN TORRES

About Jersey City, NJ Real Estate Market

With an area of 21.13 square miles and a population of more than 290,000, Jersey City is one of the largest cities in the USA and the second-most populous city in New Jersey after Newark. A part of Hudson County from New Jersey and the New York metropolitan area, Jersey City is present on the west of Hackensack River, on a peninsula known as Bergen Neck.

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):  $637,458
Homes Sold* (12mo):  213
PRICE INDEX
SINGLE FAMILY HOME SALES

Jersey City, NJ
12 Month Moving Average


1 YR 2 YR 3 YR 5 YR 7 YR MAX
 

Download Full Home Sales Report

PRICE INDEX

Average Price* (12mo):  $630,338
Apatments Sold* (12mo):  970
PRICE INDEX
APARTMENT SALES

Jersey City, NJ
12 Month Moving Average


1 YR 2 YR 3 YR 5 YR 7 YR MAX

 

Download Full Apartment Sales Report

REAL ESTATE TAXES

General Tax Rate (2021):  1.603%
Effective Tax Rate (2021):  1.402%
GENRAL TAX RATE - Jersey City, NJ



MADISON ADAMSTM

office: 201-760-1100
84 E Ridgewood Ave, Suite 201
Ridgewood, NJ 07450
201-760-1100 (office)
201-760-1102 (fax)

Contact Info

FOR APPOINTMENTS CONTACT


Managing Partner
Broker Associate
646-279-8233 (cell)

Madisom Adams Broker Associate Helena Lobo-Zagorski


Sales Associate
201-982-0358 (cell)

Madisom Adams Sales Associate Yuriy Zatuchny


Sales Associate
201-725-1170 (cell)

Madisom Adams Sales Associate Juan Carlos Guevara


Real estate inventory
Jersey City
Homes : $365,000 - 3,995,000 76 avail
Condos : $199,000 - 4,148,000 433 avail
Co-ops : $485,000 - 545,000 5 avail
Twnhs : $379,900 - 1,699,000 14 avail
2-4 Fam : $450,000 - 3,995,000 132 avail
5+ Fam : $1,100,000 - 2,999,999 4 avail
Land : $200,000 - 6,000,000 15 avail
Rentals : $1,500 - 4,500 50 avail
Mixd Use : $1,100,000 - 3,500,000 7 avail
Com S : -
Com L : -
Biz : $65,000 - 1,250,000 10 avail


Similar Listings in Jersey City

The data relating to the real estate for sale on this web site comes in part from the Internet Data Exchange Program of the NJMLS. Real estate listings held by brokerage firms other than Madison Adams are marked with the Internet Data Exchange logo and information about them includes the name of the listing brokers. Some properties listed with the participating brokers do not appear on this website at the request of the seller. Listings of brokers that do not participate in Internet Data Exchange do not appear on this website.
NJMLS is the owner of the copyrights of the listing content displayed for IDX. The NJMLS Internet Data Exchange Logo is a service mark owned by the NJMLS, Inc. All information deemed reliable but not guaranteed. Last date updated: 05/19/2024 00:05 AM Source: New Jersey Multiple Listing Service, Inc. “©2024 New Jersey Multiple Listing Service, Inc. All rights reserved.”


General Tax Rate is used to determine the amount of real estate tax levied upon a particular property. This rate is used to compute the tax bill.

Effective Tax Rate is used to compare of one district to another district based on the assumption that all districts are at 100% valuation. This rate has been computed by the State of New Jersey Department of the Treasury using County Equalization Average Ratios. This rate is NOT to be used to compute the tax bill.

Data Source: US Census 2010, NJ MLS, State of New Jersey Department of the Treasury

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Madison AdamsTM

84 E Ridgewood Ave, Suite 201
Ridgewood, NJ 07450
201 760-1100 (office)
201 760-1102 (fax)
office@madisonadams.com