2-4 Family Home For Sale in Jersey City, NJ
MLS# : 250020912
PROPERTY DETAILS
PROPERTY DESCRIPTION
Welcome to this modernized multi-family home in Jersey City's West Side neighborhood, just steps from Lincoln Park. Offering versatility, comfort, and excellent investment potential.Unit & Floor Breakdown:First Floor: 2 bedrooms, 1 bathroom, spacious living room, dining room, and a laundry area large enough to be converted into a home office.Ground Level: 2 bedrooms and 1 full bathroom. This space can be used as an extension of the first floor for extra living space, rented as part of a duplex-style unit, or rented separately to maximize income.Second (Third) Floor: 3 bedrooms, 1 full bathroom, living room, dining room, and a laundry room with the option to convert into an office.Attic: Studio-style layout with an open bedroom area and 1 full bathroom. This space can be combined with the second/third floor as a duplex or rented separately for additional income.Features & Finishes:Espresso-stained hardwood floorsQuartz countertopsHigh-quality finishes throughoutFlexible multi-unit design with multiple rental optionsQuaint backyard, perfect for barbecues, gatherings, or private relaxationLocated in Jersey City's West Side near Lincoln Park, this home is commuter-friendly, just 20 minutes from New York City, with close access to PATH trains, buses, highways, and public transportation. Strong cash flow potential with multiple rental optionsThis home isn't just move-in ready it's a rare investment opportunity in one of Jersey City's most promising neighborhoods.
Amenities
This listing is a courtesy of REMAX SELECT
973-739-8008 office, listing agent LYANNE GIRALDO
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 | 76 |
| Condos : | $169,000 - 4,048,000 | 536 |
| Co-ops : | $360,000 - 529,500 | 5 |
| Twnhs : | $369,000 - 2,099,000 | 23 |
| 2-4 Fam : | $379,900 - 7,000,000 | 144 |
| 5+ Fam : | $1,650,000 - 1,650,000 | 1 |
| Land : | $85,000 - 7,900,000 | 20 |
| Rentals : | $1,725 - 6,250 | 54 |
| Mixd Use : | $1,599,000 - 1,950,000 | 4 |
| Com S : | - | |
| Com L : | - | |
| Biz : | $35,000 - 450,000 | 7 |
