2-4 Family Home For Sale in Jersey City, NJ
MLS# : 250016662
PROPERTY DETAILS
PROPERTY DESCRIPTION
16 Stegman Terrace, Jersey City is a spacious, income-producing two-family home located between Greenville and West Bergen, offering two 3-bed, 2-bath units with hardwood floors, a huge finished attic with bonus living space, and a finished basement with 2 full baths—ideal for extra income, in-laws, or work-from-home flexibility. Just steps from James F. Murray School (PK–8) and surrounded by active redevelopment, this move-in-ready property offers strong rental potential and long-term upside. Commuters will love the unbeatable location: 3 minutes to Bergen Ave buses to Journal Square & PATH, plus Light Rail access at MLK Station, connecting you to Exchange Place, Hoboken, and Liberty State Park. PATH trains from Journal Square get you into Manhattan in under 30 minutes. Nearby parks include Liberty State Park, Lincoln Park, and Berry Lane Park—great for recreation, views, and family outings. Education options abound with top-rated schools like Infinity Institute, McNair Academic, and University Academy Charter, plus NJCU just steps away and Saint Peter’s University only 10 minutes away. Whether you’re investing, house-hacking, or looking for flexible living with NYC access, 16 Stegman Terrace checks all the boxes.
Amenities
This listing is a courtesy of REMAX FIRST REALTY II
908-664-1500 office, listing agent MOHAMMAD ATHAR
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 | 60 |
| Condos : | $180,000 - 4,048,000 | 535 |
| Co-ops : | $375,000 - 739,000 | 4 |
| Twnhs : | $369,000 - 2,099,000 | 20 |
| 2-4 Fam : | $430,000 - 3,600,000 | 133 |
| 5+ Fam : | $1,650,000 - 1,650,000 | 1 |
| Land : | $85,000 - 3,995,000 | 22 |
| Rentals : | $1,650 - 16,500 | 34 |
| Mixd Use : | $1,600,000 - 1,650,000 | 3 |
| Com S : | - | |
| Com L : | - | |
| Biz : | $40,000 - 450,000 | 7 |
