2-4 Family Home For Sale in Jersey City, NJ
MLS# : 250020442
PROPERTY DETAILS
PROPERTY DESCRIPTION
Prime Investment Opportunity: Fully Vacant 2-Family Home in Jersey City's Vibrant McGinley Square!112 Astor Place, Jersey City, NJ 07304 $799,000 | MLS# 250004852Unlock the door to immediate income potential with this meticulously maintained 2-unit multi-family gem in the heart of Jersey City's sought-after McGinley Square/Journal Square neighborhood. Delivered fully vacant—a rare find in today's competitive market—this property is primed for your vision, whether you're a savvy investor seeking turnkey rental cash flow or a multi-generational family craving flexible living space.Key Features:Spacious Layouts: Each unit boasts 3 generous bedrooms and 1 full bath, perfect for families or high-demand renters. Enjoy expansive living rooms, dedicated dining areas, and ample natural light throughout. Convenient Off-Street Parking: Two dedicated spots—one per unit—eliminate the hassle of street parking in this bustling urban enclave. Move-In Ready Condition: Well-cared-for interiors mean you can start generating revenue right away. Hardwood floors, updated fixtures, and fresh paint create a welcoming vibe in both units. Total Living Space: Approximately 2,000+ sq ft of versatile, income-producing real estate on a low-maintenance lot. Unbeatable Location: Nestled in the dynamic McGinley Square area, you're steps from the Journal Square PATH station for a quick 20-minute commute to NYC's World Trade Center. Indulge in Jersey City's eclectic dining scene—from trendy cafes to ethnic eats—while enjoying proximity to Christ Hospital, lush parks like Lincoln Park, top-rated schools, and endless shopping. This is urban living at its finest: walkable, connected, and full of energy. Don't miss your chance to own a piece of Jersey City's booming real estate landscape. Properties like this move fast—schedule your private tour today and step into profitability!
Amenities
This listing is a courtesy of REMAX REAL ESTATE LIMITED
201-599-1100 office, listing agent AARON RAM
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% |
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MADISON ADAMSTM
Ridgewood, NJ 07450
201-760-1100 (office)
201-760-1102 (fax)
| Homes : | $354,000 - 2,099,000 | 77 |
| Condos : | $149,000 - 4,048,000 | 509 |
| Co-ops : | $360,000 - 529,500 | 5 |
| Twnhs : | $3,000 - 2,099,000 | 24 |
| 2-4 Fam : | $400,000 - 2,750,000 | 137 |
| 5+ Fam : | $1,650,000 - 1,650,000 | 1 |
| Land : | $85,000 - 7,900,000 | 21 |
| Rentals : | $1,725 - 6,250 | 58 |
| Mixd Use : | $1,600,000 - 1,950,000 | 3 |
| Com S : | - | |
| Com L : | - | |
| Biz : | $35,000 - 450,000 | 5 |
