2-4 Family Home For Sale in Jersey City, NJ
MLS# : 250000243
PROPERTY DETAILS
PROPERTY DESCRIPTION
Welcome to 52 Wade Street, a rare investment opportunity nestled in the heart of Jersey City. This three-story multi-family residence, built in 1922, is brimming with untapped potential and sold strictly AS-IS—ready for visionary investors to reimagine and maximize returns.Featuring over 2,200 sq.ft. of finished space across multiple living units, this property sits on a 3,202 sq.ft. lot, offering flexible outdoor use and layout reconfiguration. Each floor presents its own distinct footprint, ideal for multi-unit rental income, condo conversion, or a live-plus-income strategy.Renovation plans are already in final stages of city approval, and the seller is willing to provide architect-designed plans optimized for high-yield rental or resale potential. Whether you're a developer seeking your next project or a buy-and-hold investor looking for long-term upside, this is an exceptional chance to invest in one of Jersey City's most desirable neighborhoods.Property is delivered as-is, with no warranties expressed or implied. Reach out today to schedule a walk-through and explore how 52 Wade Street can anchor your next successful investment.
Amenities
This listing is a courtesy of YOUR TOWN REALTY LLC
855-600-2465 office, listing agent R GLOMB
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): | $728,663 |
| Homes Sold* (12mo): | 232 |
SINGLE FAMILY HOME SALES
Jersey City, NJ
PRICE INDEX
| Average Price* (12mo): | $671,552 |
| Apatments Sold* (12mo): | 1,098 |
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 - 3,495,000 | 70 |
| Condos : | $150,000 - 4,148,000 | 506 |
| Co-ops : | $485,000 - 739,000 | 4 |
| Twnhs : | $369,000 - 2,099,000 | 10 |
| 2-4 Fam : | $475,000 - 3,495,000 | 129 |
| 5+ Fam : | $1,299,999 - 1,650,000 | 2 |
| Land : | $299,000 - 7,500,000 | 21 |
| Rentals : | $1,900 - 16,500 | 50 |
| Mixd Use : | $649,999 - 2,599,000 | 6 |
| Com S : | - | |
| Com L : | - | |
| Biz : | $60,000 - 2,000,000 | 6 |
