2-4 Family Home For Sale in Jersey City, NJ
MLS# : 250016668
PROPERTY DETAILS
PROPERTY DESCRIPTION
Welcome to 21 Freedom Place! This modern style 2-family home is located on a quiet dead end street in the heart of Jersey City. It offers an incredible investment or owner-occupant opportunity. Each unit features spacious layouts, turnkey renovations, and ample natural light. Just a 3 minute troop to Richard st light rail, Liberty state park, and major highways ideal for commuters and long-term growth. Perfectly suited for house hacking or short-term rental income like Airbnb. With separate entrances and strong rental demand in the area, this is a turnkey opportunity to generate cash flow from day one. A true gem in a rapidly developing neighborhood! This property also qualifies for a low interest rate and no PMI.
Amenities
This listing is a courtesy of COLDWELL BANKER RESIDENTIAL BROKERAGE
973-378-8300 office, listing agent AYANNA RUFUS
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 |
