2-4 Family Home For Sale in Jersey City, NJ
 

MLS# : 250019724

Street : 41 GARRISON AVE
Price : $1,250,000
Town : Jersey City, NJ 07306
Annual Taxes : $9,184

PROPERTY DETAILS

# of Rooms :
Bedrooms :
Full Baths :
Half Baths :
Basement : Unfinished
Year Built :
Lot Size :
Style : Colonial
Exterior Finish : Aluminum/Vinyl, Block, Brick
Exterior : Aluminum/Vinyl, Block, Brick
Heat/Cool : A/C Window, Baseboard

PROPERTY DESCRIPTION

Welcome to this prime Journal Square two-family investment opportunity, just five short blocks from the PATH station for an effortless NYC commute. Perfectly situated near supermarkets, popular local restaurants, and St. Peter’s University, this home offers incredible convenience along with strong rental appeal. Set on an oversized 25x100 lot, the property features recent updates including a renovated kitchen and bathrooms, along with two separate water heaters—one replaced in 2024 and the other in 2010—for added efficiency and peace of mind. The first unit offers a spacious two-bedroom, one-bath layout that can easily accommodate a king bed in one room and a full in the other, making it ideal for tenants seeking generous space or an owner-occupant. The second unit includes two bedrooms, one bath, and a sunny den with a window that can double as a home office or an additional bedroom. The bedrooms comfortably fit king- and full-size beds, while the den can hold a twin, offering flexibility for a growing household. The property also includes a bonus attic level with three separate rooms, each large enough to be used as bedrooms, giving you the potential to maximize income or expand usable living space. Outside, the private backyard features a tool shed and ample space for storage, gardening, or creating your own outdoor retreat. The large lot also leaves room for future possibilities or simply adds to the rare sense of spaciousness in Jersey City. This legal two-family residence presents the perfect combination of convenience, versatility, and investment potential. Whether you are a savvy investor looking for strong rental income or a buyer hoping to live in one unit while offsetting your mortgage with rental income, this home checks all the boxes in one of the most desirable locations in Jersey City.

Amenities

This listing is a courtesy of REDFIN CORPORATION
201-646-5774 office, listing agent YU XI LIU

About Jersey City, NJ Real Estate Market

With an area of 21.13 square miles and a population of more than 290,000, Jersey City is one of the largest cities in the USA and the second-most populous city in New Jersey after Newark. A part of Hudson County from New Jersey and the New York metropolitan area, Jersey City is present on the west of Hackensack River, on a peninsula known as Bergen Neck.

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
PRICE INDEX
SINGLE FAMILY HOME SALES

Jersey City, NJ
12 Month Moving Average


1 YR 2 YR 3 YR 5 YR 7 YR MAX
 

Download Full Home Sales Report

PRICE INDEX

Average Price* (12mo):  $681,984
Apatments Sold* (12mo):  1,113
PRICE INDEX
APARTMENT SALES

Jersey City, NJ
12 Month Moving Average


1 YR 2 YR 3 YR 5 YR 7 YR MAX

 

Download Full Apartment Sales Report

REAL ESTATE TAXES

General Tax Rate (2023):  2.246%
Effective Tax Rate (2023):  1.944%
GENRAL TAX RATE - Jersey City, NJ



MADISON ADAMSTM

office: 201-760-1100
84 E Ridgewood Ave, Suite 201
Ridgewood, NJ 07450
201-760-1100 (office)
201-760-1102 (fax)

Contact Info

FOR APPOINTMENTS CONTACT


Managing Partner
Broker Associate
646-279-8233 (cell)

Madisom Adams Broker Associate Helena Lobo-Zagorski


Sales Associate
551-358-4252 (cell)

Madisom Adams Sales Associate Henry A. Washington


Licensed as Marek Zagorski
Broker
201-478-3185 (cell)

Madisom Adams Broker Marek Zagorski


Real estate inventory
Jersey City
Homes : $350,000 - 2,099,000 82
Condos : $149,000 - 4,048,000 534
Co-ops : $360,000 - 699,999 5
Twnhs : $3,000 - 2,099,000 21
2-4 Fam : $400,000 - 2,750,000 138
5+ Fam : $1,650,000 - 1,650,000 1
Land : $85,000 - 7,900,000 19
Rentals : $1,725 - 6,250 56
Mixd Use : $1,600,000 - 1,950,000 4
Com S : -
Com L : -
Biz : $35,000 - 450,000 6


Similar Listings in Jersey City

The data relating to the real estate for sale on this web site comes in part from the Internet Data Exchange Program of the NJMLS. Real estate listings held by brokerage firms other than Madison Adams are marked with the Internet Data Exchange logo and information about them includes the name of the listing brokers. Some properties listed with the participating brokers do not appear on this website at the request of the seller. Listings of brokers that do not participate in Internet Data Exchange do not appear on this website.
NJMLS is the owner of the copyrights of the listing content displayed for IDX. The NJMLS Internet Data Exchange Logo is a service mark owned by the NJMLS, Inc. All information deemed reliable but not guaranteed. Last date updated: 09/26/2025 00:05 AM Source: New Jersey Multiple Listing Service, Inc. “©2025 New Jersey Multiple Listing Service, Inc. All rights reserved.”


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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Madison AdamsTM

84 E Ridgewood Ave, Suite 201
Ridgewood, NJ 07450
201 760-1100 (office)
201 760-1102 (fax)
office@madisonadams.com