2-4 Family Home For Sale in Jersey City, NJ
MLS# : 250023864
PROPERTY DETAILS
PROPERTY DESCRIPTION
Discover an exceptional investment opportunity at 185 Summit Ave, a well-kept 3-family property located in the heart of Jersey City. Perfect for both end-users and investors, this versatile building offers strong rental income, spacious layouts, and long-term upside in one of the city’s most consistently growing neighborhoods. Each unit features bright, comfortable living spaces with functional floorplans ideal for today’s renters. The property is positioned along a highly walkable corridor, just minutes from the Journal Square PATH station, multiple bus lines, shopping, dining, parks, and key commuter routes—making it an attractive location for tenants seeking quick access to Manhattan and downtown Jersey City. Whether you're expanding your portfolio or searching for an owner-occupant investment with rental support, 185 Summit Ave delivers steady cash flow, dependable tenant demand, and future appreciation potential. Don’t miss this chance to secure a solid asset in one of Jersey City’s most desirable investment markets
Amenities
This listing is a courtesy of HUDSON DIGS REALTY LLC
201-737-9999 office, listing agent YE ZHANG
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): | $735,306 |
| Homes Sold* (12mo): | 212 |
SINGLE FAMILY HOME SALES
Jersey City, NJ
PRICE INDEX
| Average Price* (12mo): | $676,831 |
| Apatments Sold* (12mo): | 1,121 |
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 : | $379,900 - 2,895,000 | 71 |
| Condos : | $140,000 - 6,499,000 | 482 |
| Co-ops : | $360,000 - 699,999 | 5 |
| Twnhs : | $369,000 - 1,775,000 | 13 |
| 2-4 Fam : | $455,000 - 2,395,000 | 129 |
| 5+ Fam : | $1,400,000 - 1,650,000 | 2 |
| Land : | $275,000 - 7,900,000 | 19 |
| Rentals : | $1,650 - 6,200 | 49 |
| Mixd Use : | $1,400,000 - 1,950,000 | 5 |
| Com S : | - | |
| Com L : | - | |
| Biz : | $35,000 - 900,000 | 11 |
