2-4 Family Home For Sale in Jersey City, NJ
MLS# : 250019302
PROPERTY DETAILS
PROPERTY DESCRIPTION
Discover this spacious two-family home in the thriving McGinley Square neighborhood, a community buzzing with new development and exciting growth. Set on a 25 x 113.2 lot, the property spans over 2,800 sq. ft. of living space, with both units designed as full duplexes—each offering more than 1,400 sq. ft. thanks to a rare, grandfathered extension. The first-floor duplex features three large bedrooms and is currently leased month-to-month, while the upper duplex includes four bedrooms and will be delivered vacant—perfect for an owner-occupant or to re-rent at today’s market rates. Outside, enjoy the convenience of a private garage plus off-street parking for four or more vehicles—a true rarity in Jersey City. Ideally located just off Monticello Avenue, you’re steps from neighborhood cafes, restaurants, and shops, with NJ Transit buses along Monticello and JFK Blvd providing quick access to Journal Square PATH for a direct 20-minute ride into Manhattan. Whether you’re an investor seeking strong rental income or a buyer looking for a spacious multi-generational home, this property offers exceptional value in one of Jersey City’s fastest-evolving neighborhoods.
Amenities
This listing is a courtesy of COMPASS NEW JERSEY, LLC
551-212-3870 office, listing agent JESSICA CARRO
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): | $726,881 |
| Homes Sold* (12mo): | 217 |
SINGLE FAMILY HOME SALES
Jersey City, NJ
PRICE INDEX
| Average Price* (12mo): | $681,984 |
| Apatments Sold* (12mo): | 1,113 |
APARTMENT SALES
Jersey City, NJ
REAL ESTATE TAXES
| General Tax Rate (2023): | 2.246% |
| Effective Tax Rate (2023): | 1.944% |
Search
MLS#
MLS#
MLS#
MLS#
MLS#
MADISON ADAMSTM
Ridgewood, NJ 07450
201-760-1100 (office)
201-760-1102 (fax)
| Homes : | $349,900 - 2,099,000 | 73 |
| Condos : | $189,000 - 4,048,000 | 520 |
| Co-ops : | $418,000 - 529,500 | 2 |
| Twnhs : | $369,000 - 2,099,000 | 18 |
| 2-4 Fam : | $400,000 - 2,750,000 | 133 |
| 5+ Fam : | $1,650,000 - 1,650,000 | 1 |
| Land : | $85,000 - 7,900,000 | 19 |
| Rentals : | $1,725 - 6,250 | 51 |
| Mixd Use : | $1,600,000 - 1,950,000 | 4 |
| Com S : | - | |
| Com L : | - | |
| Biz : | $35,000 - 450,000 | 6 |
