2-4 Family Home For Sale in Jersey City, NJ
MLS# : 250024947
PROPERTY DETAILS
PROPERTY DESCRIPTION
Well-located two-family property in Jersey City offering a total of 7 bedrooms and 2 full baths. Unit 1 features 3 bedrooms, while Unit 2 offers 4 bedrooms, providing strong rental potential or flexible living options for an owner-occupant. Conveniently situated approximately an 8–10 minute walk to the Danforth Light Rail Station and just minutes from Route 440 / Exit 14A, placing the property only two short exits from the Holland Tunnel for an easy NYC commute. The 25’ x 110’ lot offers potential value-add opportunities, including finishing the basement and exploring the possibility of a rear ADU. Buyer should perform their own due diligence. A great opportunity for investors seeking upside or a solid starter home for a new family looking to build long-term value in a growing Jersey City neighborhood.
Amenities
This listing is a courtesy of REALTY OF AMERICA LLC
833-256-4255 office, listing agent SURAJ SHARMA
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 : | $379,999 - 2,895,000 | 61 |
| Condos : | $140,000 - 6,499,000 | 441 |
| Co-ops : | $410,000 - 460,000 | 3 |
| Twnhs : | $450,000 - 2,349,000 | 11 |
| 2-4 Fam : | $400,000 - 2,395,000 | 129 |
| 5+ Fam : | $1,400,000 - 1,650,000 | 3 |
| Land : | $325,000 - 7,900,000 | 20 |
| Rentals : | $1,650 - 7,500 | 52 |
| Mixd Use : | $1,400,000 - 1,899,000 | 5 |
| Com S : | - | |
| Com L : | - | |
| Biz : | $18,500 - 900,000 | 12 |
