MLS# : 250015310
Welcome to this expansive two-family home nestled in the vibrant and highly sought-after McGinley Square neighborhood—an area that's witnessing rapid development and a surge of new construction. Situated on a generous 25 x 113.2 lot, this property offers an exceptional blend of spaciousness, convenience, and investment potential. Gut-renovated approximately seven years ago, the home encompasses over 2,800?sq?ft of living space, with each unit being a full duplex—each offering more than 1,500?sq?ft. This is thanks to a generously sized, grandfathered-in extension that provides even more room to spread out or grow. The first-floor duplex features three generously sized bedrooms and is currently leased on a month-to-month basis for $2,500/month. The upper duplex includes four bedrooms and is now vacant—making it ideal for an owner-occupant or ready to be re-leased at current market rates. In addition to its vast interior, the property includes a private garage and off-street parking for over four vehicles—a truly rare find in Jersey City. Whether you’re an investor looking for strong rental income or a buyer seeking a spacious multi-generational home, this property checks every box. Location is key, and this home delivers. Just off Monticello Avenue, you’re steps away from a growing number of trendy cafes, restaurants, and shops, adding to the area's vibrant and evolving charm. For commuters, multiple NJ Transit bus lines run along Monticello Ave and JFK Blvd, providing quick and easy access to Journal Square PATH Station—offering a direct train ride into Manhattan in about 20 minutes. Don’t miss the opportunity to own a piece of this rapidly transforming neighborhood with both strong rental income and long-term appreciation potential.
This listing is a courtesy of COMPASS NEW JERSEY, LLC
551-212-3870 office, listing agent JESSICA CARRO
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 |
Average Price* (12mo): | $673,873 |
Apatments Sold* (12mo): | 1,089 |
Homes : | $275,000 - 3,495,000 | 59 |
Condos : | $135,000 - 4,148,000 | 548 |
Co-ops : | $375,000 - 739,000 | 4 |
Twnhs : | $369,000 - 2,099,000 | 20 |
2-4 Fam : | $449,000 - 3,495,000 | 122 |
5+ Fam : | $1,250,000 - 1,650,000 | 2 |
Land : | $299,000 - 3,995,000 | 18 |
Rentals : | $1,750 - 2,500,000 | 41 |
Mixd Use : | $649,999 - 1,650,000 | 5 |
Com S : | - | |
Com L : | - | |
Biz : | $40,000 - 550,000 | 5 |
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All information deemed reliable but not guaranteed. Last date updated: 07/28/2025 00:05 AM
Source: New Jersey Multiple Listing Service, Inc.
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General Tax Rate is used to determine the amount of real estate tax levied upon a particular property. This rate is used to compute the tax bill.
Effective Tax Rate is used to compare of one district to another district based on the assumption that all districts are at 100% valuation. This rate has been computed by the State of New Jersey Department of the Treasury using County Equalization Average Ratios. This rate is NOT to be used to compute the tax bill.
Data Source: US Census 2010, NJ MLS, State of New Jersey Department of the Treasury
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