2-4 Family Home For Sale in Jersey City, NJ
MLS# : 260007462
PROPERTY DETAILS
PROPERTY DESCRIPTION
Located in the heart of Jersey City, 245 Jewett Ave offers the kind of flexibility buyers are always looking for. This well-kept two-family home features a standout duplex-style first unit with 4 bedrooms, two separate living areas, and a clean, modern design throughout. High-end finishes and a tankless water heater add both style and efficiency, creating a space that feels more like a single-family home than a typical multi. The layout works just as well for an owner-occupant as it does for an investor—live comfortably in the duplex while generating income from the second-floor unit, which is currently rented. The separation of space makes it easy to enjoy privacy while still benefiting from rental cash flow. Set in one of Jersey City’s fastest-growing neighborhoods, you’re close to Liberty State Park, light rail access, local shops, and everyday conveniences. Bergen-Lafayette continues to see strong demand, making this a smart long-term hold or immediate income-producing asset. Whether you’re looking to invest or settle into a home with built-in upside, this property checks both boxes without compromise.
Amenities
This listing is a courtesy of KELLER WILLIAMS EAST MONMOUTH
732-704-4033 office, listing agent LILLY SHAMAM
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 (2025): | 2.335% |
| Effective Tax Rate (2025): | 1.847% |
| Compare To Other Towns |
Jersey City Market Indicators
PRICE INDEX
| Average Price* (12mo): | $741,776 |
| 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 (2025): | 2.335% |
| Effective Tax Rate (2025): | 1.847% |
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MADISON ADAMSTM
Ridgewood, NJ 07450
201-760-1100 (office)
201-760-1102 (fax)
| Homes : | $419,000 - 2,950,000 | 52 |
| Condos : | $165,000 - 6,499,000 | 541 |
| Co-ops : | $350,000 - 679,000 | 6 |
| Twnhs : | $175,000 - 2,300,000 | 18 |
| 2-4 Fam : | $415,000 - 2,950,000 | 116 |
| 5+ Fam : | $1,400,000 - 1,550,000 | 3 |
| Land : | $599,000 - 4,800,000 | 23 |
| Rentals : | $1,595 - 4,750 | 48 |
| Mixd Use : | $1,400,000 - 1,550,000 | 3 |
| Com S : | - | |
| Com L : | - | |
| Biz : | $60,000 - 698,888 | 11 |
