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

MLS# : 260010598

Street : 16 MILLER ST
Price : $699,999
Town : Jersey City, NJ 07304
Annual Taxes : $6,645

PROPERTY DETAILS

# of Rooms :
Bedrooms :
Full Baths :
Half Baths :
Basement : Full
Year Built :
Lot Size :
Style : Multi-Level
Exterior Finish : Aluminum/Vinyl, Brick
Exterior : Aluminum/Vinyl, Brick
Heat/Cool : Baseboard

PROPERTY DESCRIPTION

Attention builders, investors, and owner-occupants — here's your chance to secure a prime opportunity in Jersey City's growing WESO (West Side) neighborhood. Located at 16 Miller St, Jersey City, NJ 07305, this 25x100 R-1 zoned property offers exceptional upside and redevelopment potential while also serving as a great starter 2-family home with future development possibilities. As-of-right development allows for a 3-story, 2-family residence plus a detached Accessory Dwelling Unit (ADU) in the rear — creating the potential for 3 total income-producing units with a relatively straightforward approval process. For developers looking to maximize density, Jersey City's Affordable Housing Overlay (AHO) may allow the construction of up to 4 units in the principal structure plus the rear ADU, totaling 5 units, in exchange for a one-time affordable housing trust fund contribution. No on-site affordable units required. Property Highlights: • 25x100 lot | 2,500 sq ft • R-1 zoning • Existing 2-family home with future upside • Potential for up to 5 total units with AHO election • Up to 3 stories / 35 ft height allowance • No off-street parking requirement • No variance required for standard redevelopment scenario • Excellent opportunity for rental income, condo sellout, or long-term hold Ideally situated in Jersey City's evolving WESO (West Side) neighborhood, the property enjoys close proximity to Lincoln Park, one of the city's premier recreational destinations. Commuters will appreciate being approximately 13 minutes from the West Side Avenue Light Rail Station, providing convenient access to downtown Jersey City, Hoboken, and Manhattan connections. Residents also benefit from easy access to the numerous shopping centers, restaurants, grocery stores, and everyday conveniences located along the Route 440 commercial corridor. With nearby schools, parks, major transportation routes, and continued redevelopment throughout the West Side section of Jersey City, this property presents strong long-term value for investors, developers, and owner-occupants alike. Some pictures have been artificially cleaned up. Buyer is responsible for conducting their own independent due diligence with Jersey City zoning, planning, and building departments regarding permitted uses, approvals, density, Affordable Housing Overlay participation, and all development potential. Development opportunities with this level of flexibility are becoming increasingly difficult to find in Jersey City's rapidly growing West Side neighborhood — don't miss your chance to capitalize on the area's continued growth. Call today for more information.

Amenities

This listing is a courtesy of REALTY OF AMERICA LLC
833-256-4255 office, listing agent SURAJ SHARMA

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)

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Madisom Adams Sales Associate Cindy Chiashin Shih


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Real estate inventory
Jersey City
Homes : $399,000 - 2,395,000 55
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 - 1,999,999 130
5+ Fam : $1,550,000 - 1,550,000 1
Land : $399,000 - 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


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: 06/03/2026 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