2-4 Family Home For Sale in Jersey City, NJ
 

MLS# : 260009792

Street : 23 ALAN TERRACE
Price : $849,900
Town : Jersey City, NJ 07306
Annual Taxes : $15,196

PROPERTY DETAILS

# of Rooms :
Bedrooms :
Full Baths :
Half Baths :
Basement : Finished
Year Built :
Lot Size :
Style : Other-See Remarks
Exterior Finish : Brick
Exterior : Brick
Heat/Cool : Other-See Remarks

PROPERTY DESCRIPTION

Don't miss this incredible investment opportunity in the heart of Jersey City's Journal Square neighborhood! This well-maintained two-family home features two spacious units, each with 2 bedrooms, 1 full bathroom, and a finished basement with an additional bathroom offering flexible bonus living space. The property also includes one dedicated on-site parking space. Whether you're an investor seeking steady rental income or an owner-occupant looking to live in one unit, this property delivers. Situated about two miles from Historic Downtown Jersey City and just ten miles from Manhattan, Journal Square is a centrally located and growing neighborhood with easy access to major highways and the PATH train, making it a magnet for commuters and renters alike.

Amenities

This listing is a courtesy of TNT REALTY NJ
908-603-6399 office, listing agent BRENDAN COLON

About Jersey City, NJ Real Estate Market

With an area of 21.13 square miles and a population of more than 290,000, Jersey City is one of the largest cities in the USA and the second-most populous city in New Jersey after Newark. A part of Hudson County from New Jersey and the New York metropolitan area, Jersey City is present on the west of Hackensack River, on a peninsula known as Bergen Neck.

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:  289,691
Total Housing Units:  132,636
Single Family Homes:  9,795
Apartments:  122,774
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):  $739,081
Homes Sold* (12mo):  177
PRICE INDEX
SINGLE FAMILY HOME SALES

Jersey City, NJ
12 Month Moving Average


1 YR 2 YR 3 YR 5 YR 7 YR MAX
 

Download Full Home Sales Report

PRICE INDEX

Average Price* (12mo):  $681,468
Apatments Sold* (12mo):  1,096
PRICE INDEX
APARTMENT SALES

Jersey City, NJ
12 Month Moving Average


1 YR 2 YR 3 YR 5 YR 7 YR MAX

 

Download Full Apartment Sales Report

REAL ESTATE TAXES

General Tax Rate (2025):  2.335%
Effective Tax Rate (2025):  1.847%
GENRAL TAX RATE - Jersey City, NJ



MADISON ADAMSTM

office: 201-760-1100
84 E Ridgewood Ave, Suite 201
Ridgewood, NJ 07450
201-760-1100 (office)
201-760-1102 (fax)

Contact Info

FOR APPOINTMENTS CONTACT


Licensed as Marek Zagorski
Broker
201-478-3185 (cell)

Madisom Adams Broker Marek Zagorski


Managing Partner
Broker Associate
646-279-8233 (cell)

Madisom Adams Broker Associate Helena Lobo-Zagorski


Sales Associate
917-863-6560 (cell)

Madisom Adams Sales Associate Cindy Chiashin Shih


Real estate inventory
Jersey City
Homes : $448,000 - 2,395,000 53
Condos : $165,000 - 6,499,000 542
Co-ops : $345,000 - 679,000 10
Twnhs : $450,000 - 2,300,000 16
2-4 Fam : $415,000 - 1,999,999 128
5+ Fam : $1,550,000 - 1,550,000 1
Land : $469,000 - 4,800,000 25
Rentals : $1,650 - 5,300 38
Mixd Use : $1,550,000 - 1,550,000 1
Com S : -
Com L : -
Biz : $30,000 - 400,000 11


Similar Listings in Jersey City

The data relating to the real estate for sale on this web site comes in part from the Internet Data Exchange Program of the NJMLS. Real estate listings held by brokerage firms other than Madison Adams are marked with the Internet Data Exchange logo and information about them includes the name of the listing brokers. Some properties listed with the participating brokers do not appear on this website at the request of the seller. Listings of brokers that do not participate in Internet Data Exchange do not appear on this website.
NJMLS is the owner of the copyrights of the listing content displayed for IDX. The NJMLS Internet Data Exchange Logo is a service mark owned by the NJMLS, Inc. All information deemed reliable but not guaranteed. Last date updated: 05/23/2026 00:05 AM Source: New Jersey Multiple Listing Service, Inc. “©2026 New Jersey Multiple Listing Service, Inc. All rights reserved.”


General Tax Rate is used to determine the amount of real estate tax levied upon a particular property. This rate is used to compute the tax bill.

Effective Tax Rate is used to compare of one district to another district based on the assumption that all districts are at 100% valuation. This rate has been computed by the State of New Jersey Department of the Treasury using County Equalization Average Ratios. This rate is NOT to be used to compute the tax bill.

Data Source: US Census 2010, NJ MLS, State of New Jersey Department of the Treasury

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Madison AdamsTM

84 E Ridgewood Ave, Suite 201
Ridgewood, NJ 07450
201 760-1100 (office)
201 760-1102 (fax)
office@madisonadams.com