MLS# : 260011247
Rare Side-by-Side Multifamily Portfolio | Bergen-Lafayette, Jersey City Introducing a unique opportunity to acquire two adjacent two-family properties at 163 & 165 Clerk Street, offered together for a combined price of $1,598,000. Together, these well-maintained buildings feature four spacious duplex apartments, providing investors with immediate scale, strong rental income, and long-term appreciation potential in one of Jersey City's fastest-growing neighborhoods. Property Highlights: • Two side-by-side 2-family buildings • Four duplex apartments total • 16 total bedrooms • 8 total bathrooms • Strong in-place rental income • Modern kitchens with quartz countertops and stainless-steel appliances • Updated finishes throughout • Finished walk-out basements • Central A/C • Separate utilities Located in the highly desirable Bergen-Lafayette section of Jersey City, the properties are just minutes from the Randolph Avenue Light Rail Station, providing convenient access to Downtown Jersey City, Exchange Place, Hoboken, and Manhattan. NJ Turnpike Exit 14B, Liberty State Park, shopping, restaurants, and ongoing neighborhood redevelopment are all nearby. Opportunities to acquire two adjacent multifamily properties with this unit count and bedroom count are increasingly rare. Ideal for investors, 1031 exchange buyers, or those looking to expand their Jersey City portfolio with a high-demand rental asset in a rapidly appreciating market.
This listing is a courtesy of WEICHERT REALTORS
201-333-4443 office, listing agent NATALIE ESFANDIARI
| 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 |
| Average Price* (12mo): | $681,468 |
| Apatments Sold* (12mo): | 1,096 |
| Homes : | $399,000 - 2,250,000 | 63 |
| Condos : | $165,000 - 6,499,000 | 595 |
| Co-ops : | $397,500 - 664,000 | 6 |
| Twnhs : | $339,900 - 2,249,000 | 13 |
| 2-4 Fam : | $415,000 - 2,495,000 | 138 |
| 5+ Fam : | $1,550,000 - 1,550,000 | 1 |
| Land : | $399,000 - 4,800,000 | 24 |
| 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 |
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All information deemed reliable but not guaranteed. Last date updated: 06/11/2026 00:05 AM
Source: New Jersey Multiple Listing Service, Inc.
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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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