2-4 Family Home For Sale in Jersey City, NJ
MLS# : 260001082
PROPERTY DETAILS
PROPERTY DESCRIPTION
Location, location, location! If you’re looking to live in the heart of Jersey City while building wealth, this is the opportunity you’ve been waiting for. Located near Journal Square, and Downtown, this 2 family home offers unbeatable access to New York City, with less than 10 minutes to the Holland Tunnel and approximately 10 minutes to the Journal Square or Grove Street PATH train stations. Surrounded by restaurants, shopping, public transportation, and major bus lines, this is truly the center of the city where everyone wants to live. The property will be delivered vacant and features 2 separate units, allowing you to rent both units, live in 1 and rent the other, or customize to your needs. The home offers 3 bedrooms and 2 baths, with a 1-bedroom, 1-bath unit on the first floor and a 2-bedroom, 1-bath unit on the second floor, plus a basement and private backyard, a rare bonus in Jersey City. This is a smart opportunity combining prime location, flexibility, and strong income potential.
Amenities
This listing is a courtesy of PRESTIGE PROPERTY GROUP MONTCLAIR LLC
973-860-7595 office, listing agent MYLINH HUYNH
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 | 414 |
| 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 | 33 |
| Mixd Use : | $1,400,000 - 1,899,000 | 6 |
| Com S : | - | |
| Com L : | - | |
| Biz : | $18,350 - 900,000 | 10 |
