2-4 Family Home For Sale in Jersey City, NJ
MLS# : 260010496
PROPERTY DETAILS
PROPERTY DESCRIPTION
Solid income-producing opportunity in Jersey City's Bergen-Lafayette neighborhood. This well-maintained multifamily property offers approximately 2,564 sq ft of living space with 8 bedrooms and 3 bathrooms across multiple units. Situated on a 24.32 x 86 lot, the property features separate gas meters and individual utility setups, providing efficient management and expense allocation. Interior highlights include hardwood and mixed flooring, spacious layouts, open-concept living areas, breakfast bar seating, ceiling fans, and balcony access in select units. 2-car garage, brick and vinyl exterior, and an asphalt shingle roof. Conveniently located near public transportation, shopping, dining, parks, and major commuter routes, this property presents an excellent opportunity for investors seeking stable cash flow with future upside potential.
Amenities
This listing is a courtesy of REO REAL ESTATE COMPANY OF NEW JERSEY
908-686-7800 office, listing agent NEVILLE PARMAR
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: | 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 |
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 : | $399,000 - 2,395,000 | 56 |
| Condos : | $165,000 - 6,499,000 | 570 |
| Co-ops : | $345,000 - 679,000 | 10 |
| Twnhs : | $339,900 - 2,300,000 | 14 |
| 2-4 Fam : | $415,000 - 625,000,000 | 130 |
| 5+ Fam : | $1,550,000 - 1,550,000 | 1 |
| Land : | $469,000 - 4,800,000 | 25 |
| Rentals : | $1,600 - 5,300 | 36 |
| Mixd Use : | $1,550,000 - 1,550,000 | 1 |
| Com S : | - | |
| Com L : | - | |
| Biz : | $30,000 - 1,295,000 | 10 |
