2-4 Family Home For Sale in Jersey City, NJ
MLS# : 260010853
PROPERTY DETAILS
PROPERTY DESCRIPTION
Giant Legal Detached vacant 2-Family on West Side of Jersey City. Approved Architect Plans from Jersey City for a complete gut rehab. Project is shovel ready and work can begin day one. Approved as 4 Bedrooms / 2 Full Baths on First Floor with a Duplex basement. Basement runs the entire area of the first floor and has higher than normal ceilings. 2nd Floor is same 4 bedroom / 2 full bath layout. Each floor is approximately 1350 sq ft. Can modify to large 3 bedroom layout on either floor as well. Building is completely gutted to the studs. Rough plumbing for under the basement concrete slab has been completed. Perfect for an owner looking to capitalize on the crazy rental market. 2nd Floor alone can rent for $3,500 easy. Buyer can Condo the building out and sell each unit separately. Located between Kennedy Blvd and West Side Ave, just a few blocks south of Communipaw Ave.
Amenities
This listing is a courtesy of REALMART REALTY
732-727-2280 office, listing agent JACK YAO
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 | 59 |
| Condos : | $165,000 - 6,499,000 | 595 |
| Co-ops : | $397,500 - 664,000 | 8 |
| Twnhs : | $339,900 - 2,249,000 | 12 |
| 2-4 Fam : | $415,000 - 2,495,000 | 134 |
| 5+ Fam : | $1,550,000 - 1,550,000 | 1 |
| Land : | $399,000 - 4,800,000 | 25 |
| Rentals : | $1,600 - 5,300 | 35 |
| Mixd Use : | $1,550,000 - 1,550,000 | 1 |
| Com S : | - | |
| Com L : | - | |
| Biz : | $30,000 - 1,295,000 | 10 |
