2-4 Family Home For Sale in Jersey City, NJ
MLS# : 250010422
PROPERTY DETAILS
PROPERTY DESCRIPTION
Set on a quiet, tree-lined street in the Western Slope neighborhood of Jersey City Heights, this income-primed property offers a rare blend of flexibility, functionality, and financial upside. The multi-family home delivers turnkey residential lifestyle and rental income and endless potential, offering 6 bedrooms, 6 bathrooms set among 2 units, including a garden-level bonus suite and a private backyard. Each unit is bathed in natural light with charming details like bay windows and hardwood floors, and include must-have features like spacious layouts and white kitchens. The top-floor residence last leased for $3,375, while the middle-floor unit commanded $3,090, offering a compelling cap rate for passive income seekers or owner-occupants offsetting their mortgage. Downstairs, a ground-level walkout bonus space previously rented at $1,630, and provides even more utility. Whether envisioned as a guest suite, studio, or private office, it’s the kind of extra square footage that savvy buyers crave. The property includes a coveted fenced-in backyard with space for lounging, grilling, or gardening—perfect for tenants or your own weekend escape. Set just beyond the bustle, Western Slope is known for both peace and proximity—close to vibrant Washington Park, 9th street elevator with Lightrail and PATH or ferry connections, plus local gems like The Cottage and The Cliff. Jersey City Heights is known for it’s vibrant community, excellent schools and parks, and close proximity 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 | 57 |
| Condos : | $150,000 - 4,048,000 | 490 |
| Co-ops : | $475,000 - 839,000 | 5 |
| Twnhs : | $675,000 - 2,099,000 | 9 |
| 2-4 Fam : | $330,500 - 3,495,000 | 116 |
| 5+ Fam : | $1,200,000 - 1,650,000 | 3 |
| Land : | $325,000 - 7,500,000 | 22 |
| Rentals : | $1,600 - 4,350 | 52 |
| Mixd Use : | $649,999 - 1,650,000 | 6 |
| Com S : | - | |
| Com L : | - | |
| Biz : | $60,000 - 2,000,000 | 7 |
