2-4 Family Home For Sale in Jersey City, NJ
MLS# : 25028211
PROPERTY DETAILS
PROPERTY DESCRIPTION
Welcome to 75 Reservoir, a beautiful Victorian two-family house with a bonus ground-floor mother-daughter suite. This charming home seamlessly blends old-world architecture with modern upgrades. It presents a rare opportunity to live in one unit while generating rental income from the other. The recently renovated 2-bedroom parlor unit features a large primary bedroom complete with custom built-ins and a decorative fireplace. It also includes a charming second bedroom. An open living and dining area boasts a chef's kitchen, featuring white cabinetry, a Moroccan tile backsplash, quartz countertops, and stainless steel appliances. French doors lead directly to an expansive, manicured, and private backyard. Upstairs, a completely separate second unit offers a large primary bedroom, two additional bedrooms, a generously sized living/family room, a galley kitchen, and a renovated bath. This is perfect to generate rental income, or has the flexibility to become an extension of the lower unit if desired, leaving the mother-daughter suite as the rental. This home is ideally located on a highly coveted, tree-lined street in Jersey City Heights. There is a direct NYC bus-line at the end of the street, and the house is convenient to both Journal Square and Hoboken Path stations. As well as near to parks, dining, shops, and rental parking, it offers the best of city living. A prime investment in one of the Heights' most desirable neighborhoods- don't miss out!
Amenities
This listing is a courtesy of Coldwell Banker, Hoboken
201-212-5026 office, listing agent Jill Biggs
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 | 48 |
| Condos : | $135,000 - 4,048,000 | 517 |
| Co-ops : | $375,000 - 739,000 | 4 |
| Twnhs : | $369,000 - 2,099,000 | 20 |
| 2-4 Fam : | $430,000 - 3,495,000 | 127 |
| 5+ Fam : | $1,650,000 - 1,650,000 | 1 |
| Land : | $299,000 - 3,995,000 | 20 |
| Rentals : | $1,750 - 16,500 | 36 |
| Mixd Use : | $1,600,000 - 1,650,000 | 3 |
| Com S : | - | |
| Com L : | - | |
| Biz : | $40,000 - 450,000 | 5 |
