2-4 Family Home For Sale in Jersey City, NJ
MLS# : 260000792
PROPERTY DETAILS
PROPERTY DESCRIPTION
Discover the perfect blend of investment potential and lifestyle in the highly desirable River View Arts District. Situated on a quiet residential street, this two-family residence offers a versatile canvas for owner-occupants and investors alike. The property features a traditional layout designed for maximizing income. The first floor hosts a 1-bedroom apartment, while the upper levels boast a sprawling 3-bedroom duplex unit with an airy, open concept. Both units enjoy separate utilities, streamlining management for the future owner. Beyond the interior lies a massive private backyard, offering a serene escape from city life—ideal for summer barbecues or a custom garden design. Enjoy the ultimate convenience of city living: you are mere minutes from the Congress Street Light Rail, offering quick access to Hoboken and NYC, and a short stroll from the vibrant shops and dining of Central Avenue. This is a rare opportunity to buy into a thriving neighborhood at a high-value entry point. (Please note: Images shown reflect the property's condition when previously purchased by the seller.)
Amenities
This listing is a courtesy of KELLER WILLIAMS CITY LIFE REALTY
201-659-8600 office, listing agent DAVID BISTANY
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): | $738,325 |
| Homes Sold* (12mo): | 220 |
SINGLE FAMILY HOME SALES
Jersey City, NJ
PRICE INDEX
| Average Price* (12mo): | $681,468 |
| Apatments Sold* (12mo): | 1,096 |
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 | 50 |
| Condos : | $2,600 - 6,499,000 | 416 |
| Co-ops : | $410,000 - 569,500 | 2 |
| Twnhs : | $439,900 - 1,775,000 | 8 |
| 2-4 Fam : | $415,000 - 2,395,000 | 117 |
| 5+ Fam : | $1,400,000 - 1,650,000 | 4 |
| Land : | $599,000 - 4,500,000 | 19 |
| Rentals : | $1,765 - 7,500 | 32 |
| Mixd Use : | $1,400,000 - 1,899,000 | 6 |
| Com S : | - | |
| Com L : | - | |
| Biz : | $18,350 - 900,000 | 10 |
