2-4 Family Home For Sale in Jersey City, NJ
MLS# : 250021401
PROPERTY DETAILS
PROPERTY DESCRIPTION
Welcome to this multi-family income producing Brownstone in Jersey City’s thriving Bergen-Lafayette neighborhood boasting two duplex units offering space, comfort, and great rental income potential. Unit 1 offers a well-designed three-bedroom layout with a walk-in closet, two full bathrooms, a kitchen, and a spacious living/dining area. Unit 2 features two bedrooms—one with a walk-in closet—along with a primary bathroom, kitchen/dining area, and a separate living room. Vacant and move-in ready, it’s an excellent opportunity for an owner-occupant to enjoy while offsetting costs with rental income, or for an investor seeking additional upside. Situated along the Monticello Avenue corridor, the property offers close proximity to shops, dining, and parks, plus easy access to the PATH and Light Rail for a seamless NYC commute. A rare chance to own or invest in one of Jersey City’s fastest-growing communities.
Amenities
This listing is a courtesy of SERHANT NEW JERSEY LLC
973-315-5959 office, listing agent PATRICK C SOUTHERN
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 : | $374,999 - 3,195,000 | 71 |
| Condos : | $169,000 - 4,048,000 | 520 |
| Co-ops : | $360,000 - 529,500 | 4 |
| Twnhs : | $369,000 - 1,775,000 | 20 |
| 2-4 Fam : | $379,900 - 3,195,000 | 145 |
| 5+ Fam : | $1,650,000 - 1,650,000 | 1 |
| Land : | $85,000 - 7,900,000 | 19 |
| Rentals : | $1,800 - 6,250 | 48 |
| Mixd Use : | $1,599,000 - 1,950,000 | 4 |
| Com S : | - | |
| Com L : | - | |
| Biz : | $35,000 - 450,000 | 8 |
