2-4 Family Home For Sale in Jersey City, NJ
MLS# : 250009921
PROPERTY DETAILS
PROPERTY DESCRIPTION
In the quietly transforming Western Slope of Jersey City Heights, this multi-family home offers both an extensive lot and opportunity. A rare breed, the current property is character-filled, income-generating, and brimming with potential. Set on a 25.2x109 lot, the current configuration features units 1 and 2 with 2-bedroom + den, 2-bathroom first floorplans, plus a bonus suite downstairs with a kitchenette. This property also hosts a highly coveted private backyard finished with a patio and lawn. Hardwood floors add a touch of classic charm, while the layout offers flexibility for both renters and owners alike. For the savvy investor, the numbers speak volumes—strong cap rate potential in an area that’s on the rise. Whether you’re looking to grow your portfolio or plant long-term roots with rental upside, this is the kind of lot—and location—that doesn’t come around often. Nestled on a quiet corner with seamless access to Journal Square, Route 1&9, the Holland Tunnel, and just a stroll from Leonard Gordon Park, this address balances serenity with strategic connectivity. Jersey City Heights is known for its excellent community, great parks and schools plus easy access to NYC and surrounding neighborhoods.
Amenities
This listing is a courtesy of CORCORAN SAWYER SMITH
201-653-8000 office, listing agent MEGAN GULICK
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): | $715,928 |
| Homes Sold* (12mo): | 228 |
SINGLE FAMILY HOME SALES
Jersey City, NJ
PRICE INDEX
| Average Price* (12mo): | $667,015 |
| Apatments Sold* (12mo): | 1,089 |
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 | 53 |
| Condos : | $150,000 - 4,048,000 | 501 |
| Co-ops : | $475,000 - 839,000 | 6 |
| Twnhs : | $369,000 - 2,099,000 | 10 |
| 2-4 Fam : | $330,500 - 3,495,000 | 117 |
| 5+ Fam : | $1,200,000 - 1,650,000 | 3 |
| Land : | $325,000 - 7,500,000 | 19 |
| Rentals : | $1,600 - 4,350 | 60 |
| Mixd Use : | $649,999 - 1,650,000 | 6 |
| Com S : | - | |
| Com L : | - | |
| Biz : | $60,000 - 2,000,000 | 7 |
