2-4 Family Home For Sale in Jersey City, NJ
MLS# : 25027358
PROPERTY DETAILS
PROPERTY DESCRIPTION
Welcome to 437 Bramhall Avenue; a beautifully renovated four-family Victorian gem sitting on an oversized double lot in Jersey City’s sought after Bergen Lafayette neighborhood. Just a 4-minute walk to the Light Rail with direct access to NYC, and located directly across from the lush expanse of Berry Lane Park, this is your chance to own a high performing investment property with unbeatable convenience, skyline views, parking and a yard! With a cap rate of 6.78% and a net operating income of $113,208, this turnkey property is perfect for both savvy investors and owner-occupants seeking additional income. Each unit has been thoughtfully updated and is move-in ready no renovations needed. Live in one and rent out the others, or lease all four for maximum returns. Unit 1 (Garden Level): 2 beds, 1 bath with dual front and rear entries, a charming kitchen, sunny living area with large windows, and central air. Walk-out access to a side yard makes this a standout. Unit 2 (2nd Floor): Spacious 2 beds, 1 bath with large rooms, an eat-in kitchen, and private deck access through the back. Unit 3 (3rd Floor): A full-floor 3-bed, 2-bath residence offering NYC skyline views, a large living area, and stylish finishes. Unit 4 (Top Floor): A bright and airy 1-bedroom, 1-bath, approximately 800 sqft, with spectacular NYC views from the living room, bedroom, and bath.
Amenities
This listing is a courtesy of Silver and Oak Realty
201-630-0360 office, listing agent Tamayo Oppenheimer
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): | $743,504 |
| Homes Sold* (12mo): | 224 |
SINGLE FAMILY HOME SALES
Jersey City, NJ
PRICE INDEX
| Average Price* (12mo): | $673,873 |
| Apatments Sold* (12mo): | 1,089 |
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 : | $349,900 - 3,495,000 | 50 |
| Condos : | $135,000 - 4,148,000 | 532 |
| Co-ops : | $375,000 - 739,000 | 4 |
| Twnhs : | $369,000 - 2,099,000 | 21 |
| 2-4 Fam : | $449,000 - 3,495,000 | 123 |
| 5+ Fam : | $1,250,000 - 1,650,000 | 2 |
| Land : | $299,000 - 3,995,000 | 21 |
| Rentals : | $1,750 - 2,500,000 | 39 |
| Mixd Use : | $1,250,000 - 1,650,000 | 4 |
| Com S : | - | |
| Com L : | - | |
| Biz : | $40,000 - 450,000 | 5 |
