2-4 Family Home For Sale in Jersey City, NJ
MLS# : 250015926
PROPERTY DETAILS
PROPERTY DESCRIPTION
This well maintained, owner-occupied two-family home offers the perfect blend of charm, flexibility, and location. Whether you're an investor seeking strong rental income or a future homeowner looking to live in one unit and rent out the other, this property is full of potential. With the possibility of using it as a three-family residence through renovation, it presents a rare chance to maximize market rents in a highly desirable area. Set on a 25x100 lot, the home features a spacious backyard and a welcoming front porch, ideal for relaxing or entertaining. For builders, the lot offers a prime canvas for new construction, complete with parking space. Its location is equally compelling—just steps from the Congress Street Light Rail Station, providing easy access to Manhattan, Hoboken, downtown Jersey City, and beyond. A few blocks away, Riverview-Fisk Park offers sweeping views and a lively community atmosphere, while Central and Palisade Avenues are lined with diverse restaurants, cafes, and shops that reflect the vibrant spirit of Jersey City Heights. This eclectic neighborhood continues to grow in popularity, making this property a smart and strategic investment. The home is being sold as is, ready for its next chapter—whether that’s renovation, redevelopment, or simply settling into a thriving community.
Amenities
This listing is a courtesy of CORCORAN SAWYER SMITH
201-653-8000 office, listing agent PREETI PODDAR
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): | $743,504 |
| Homes Sold* (12mo): | 224 |
SINGLE FAMILY HOME SALES
Jersey City, NJ
PRICE INDEX
| Average Price* (12mo): | $673,873 |
| 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 : | $349,900 - 3,495,000 | 50 |
| Condos : | $135,000 - 4,148,000 | 516 |
| Co-ops : | $375,000 - 739,000 | 4 |
| Twnhs : | $369,000 - 2,099,000 | 20 |
| 2-4 Fam : | $430,000 - 3,495,000 | 122 |
| 5+ Fam : | $1,650,000 - 1,650,000 | 1 |
| Land : | $299,000 - 3,995,000 | 21 |
| Rentals : | $1,750 - 16,500 | 37 |
| Mixd Use : | $1,600,000 - 1,650,000 | 3 |
| Com S : | - | |
| Com L : | - | |
| Biz : | $40,000 - 450,000 | 5 |
