2-4 Family Home For Sale in Jersey City, NJ
MLS# : 260003936
PROPERTY DETAILS
PROPERTY DESCRIPTION
Opportunity awaits at 961A Summit Avenue in Jersey City Heights, a well-maintained two-family home offering exceptional versatility for both investors and owner-occupants. Ideally positioned in one of Jersey City’s most vibrant and rapidly growing neighborhoods, this property combines strong income potential with the convenience of city living. Unit 1 features a comfortable 2-bedroom, 2-bath layout with generous living space . Unit 2 features a front porch and a duplex offering an expansive living and dining area with an open-concept kitchen, creating an ideal space for both everyday living and entertaining. Just off the kitchen is a bonus room perfect for a home office or flex space, which leads directly to a private backyard. Additional highlights include separate utilities for each unit and coveted on-site parking, making this property both practical and highly desirable. Located moments from parks, restaurants, shopping, and convenient transportation to Manhattan, 961A Summit Avenue presents an outstanding opportunity to live in one unit while generating rental income or expand your investment portfolio in the thriving Jersey City Heights market.
Amenities
This listing is a courtesy of COMPASS NEW JERSEY, LLC
201-627-4947 office, listing agent FARAH_ALLI
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): | $743,066 |
| Homes Sold* (12mo): | 184 |
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% |
Search
MLS#
MLS#
MLS#
MLS#
MLS#
MADISON ADAMSTM
Ridgewood, NJ 07450
201-760-1100 (office)
201-760-1102 (fax)
| Homes : | $424,900 - 1,974,999 | 40 |
| Condos : | $165,000 - 6,499,000 | 445 |
| Co-ops : | $375,000 - 569,500 | 2 |
| Twnhs : | $439,900 - 2,300,000 | 11 |
| 2-4 Fam : | $530,000 - 2,299,000 | 99 |
| 5+ Fam : | $1,400,000 - 1,550,000 | 4 |
| Land : | $599,000 - 4,500,000 | 23 |
| Rentals : | $1,690 - 6,000 | 44 |
| Mixd Use : | $1,400,000 - 1,899,000 | 6 |
| Com S : | - | |
| Com L : | - | |
| Biz : | $65,000 - 900,000 | 13 |
