2-4 Family Home For Sale in Jersey City, NJ
MLS# : 250013188
PROPERTY DETAILS
PROPERTY DESCRIPTION
Unleash the Potential of This Bergen-Lafayette Property! Step into the heart of Jersey City's most thrilling transformation with this classic 2-family brick residence in buzzing Bergen-Lafayette, hailed by Jersey Diggs as "Jersey City's next development hot spot." The neighborhood is surging with energy and this property places you right where momentum meets opportunity. This location works hard for you with a nearby light rail station offering easy access to Manhattan, while Liberty State Park delivers waterfront serenity just minutes away. The neighborhood is clearly on the rise, with new residential developments including sleek towers and dynamic mixed-use spaces steadily emerging. Hot restaurants, boutiques, and major civic investments signal long-term growth and commitment, where every block tells a story of revitalization and upward trajectory. For savvy investors, this property represents an ideal value-add opportunity. Multi-family properties are proving their income potential, while long-term appreciation is driven by solid fundamentals and rising demand. The timing couldn't be better to get in now, before institutional capital floods the market. Bergen-Lafayette mirrors top Jersey City neighborhoods but with stronger upside and better pricing. 62.5 Oak Street isn't just a property—it's a front-row seat to transformation! For visionary investors ready to ride the wave, Bergen-Lafayette is calling!
Amenities
This listing is a courtesy of COLDWELL BANKER RESIDENTIAL BROKERAGE
973-378-8300 office, listing agent COREY JONES
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% |
Search
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MADISON ADAMSTM
Ridgewood, NJ 07450
201-760-1100 (office)
201-760-1102 (fax)
| Homes : | $349,900 - 3,750,000 | 62 |
| Condos : | $195,000 - 4,148,000 | 524 |
| Co-ops : | $400,000 - 1,000,000 | 8 |
| Twnhs : | $369,000 - 2,099,000 | 14 |
| 2-4 Fam : | $425,000 - 3,495,000 | 123 |
| 5+ Fam : | $1,250,000 - 1,650,000 | 2 |
| Land : | $299,000 - 7,500,000 | 23 |
| Rentals : | $1,750 - 16,500 | 35 |
| Mixd Use : | $649,999 - 1,650,000 | 5 |
| Com S : | - | |
| Com L : | - | |
| Biz : | $60,000 - 550,000 | 5 |
