2-4 Family Home For Sale in Jersey City, NJ
MLS# : 250012377
PROPERTY DETAILS
PROPERTY DESCRIPTION
Step into the timeless elegance of this stunning Victorian-style two-family home at 75 Reservoir Ave. Nestled on a highly desirable tree-lined street you will find that classic architectural charm meets modern updates throughout. This beautifully updated residence is not only a visual delight but also offers practical comforts and smart investment potential. Enjoy your own spacious backyard—a rare retreat perfect for entertaining, relaxing, or simply enjoying the outdoors. The home’s prime location puts you just minutes from all major transportation options, making commuting to New York City effortless. Experience the best of Jersey City Heights living, with its vibrant mix of restaurants, shops, parks, and breathtaking skyline views. This property is an ideal opportunity for buyers looking to owner-occupy a two-family home, allowing you to live in one unit while generating rental income from the other. Don’t miss out on this rare offering—schedule your private tour today and make this Victorian gem your new home!
Amenities
This listing is a courtesy of LIBERTY REALTY LLC
201-222-2900 office, listing agent BRUNO T MELE
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 | 64 |
| Condos : | $150,000 - 4,148,000 | 504 |
| Co-ops : | $485,000 - 739,000 | 4 |
| Twnhs : | $369,000 - 2,099,000 | 9 |
| 2-4 Fam : | $475,000 - 3,495,000 | 123 |
| 5+ Fam : | $1,299,999 - 1,650,000 | 2 |
| Land : | $299,000 - 7,500,000 | 22 |
| Rentals : | $1,750 - 16,500 | 51 |
| Mixd Use : | $649,999 - 2,599,000 | 6 |
| Com S : | - | |
| Com L : | - | |
| Biz : | $60,000 - 2,000,000 | 6 |
