2-4 Family Home For Sale in Jersey City, NJ
MLS# : 26010697
PROPERTY DETAILS
PROPERTY DESCRIPTION
This 3 multi-family property offers an excellent investment and homeownership opportunity in the centralized Journal Square neighborhood, with only the second-floor unit currently rented and the lease ending in July 2026 while the first and third-floor units are vacant and move-in ready, allowing immediate income generation. The building features a first-floor 1-bedroom unit, a second-floor 2-bedroom unit, and a third-floor 3-bedroom unit, with both the first and third-floor units recently renovated. Each unit has separate utilities, and sunlight streams through the large bay windows, highlighting the hardwood floors and classic finishes throughout. The property includes a long and private backyard where you can relax in the busy city life. Located directly on Summit Avenue and within walking distance to Journal Square PATH and neighborhood amenities, this property offers the perfect combination of location, flexibility, and rental income potential, while Jersey City is known for its vibrant community, growing shops and restaurants, and convenient proximity to NYC
Amenities
This listing is a courtesy of The Agency Rutherford Realty Inc.
201-939-7500 office, listing agent Julia Gulden Dagistanli
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: | 267,345 |
| Total Housing Units: | 104,018 |
| Single Family Homes: | 36,684 |
| Apartments: | 67,334 |
| 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): | $752,459 |
| Homes Sold* (12mo): | 179 |
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 : | $424,900 - 2,850,000 | 40 |
| Condos : | $165,000 - 6,499,000 | 469 |
| Co-ops : | $350,000 - 554,000 | 4 |
| Twnhs : | $449,900 - 2,300,000 | 11 |
| 2-4 Fam : | $415,000 - 1,800,000 | 103 |
| 5+ Fam : | $1,400,000 - 1,550,000 | 3 |
| Land : | $600,000 - 4,800,000 | 23 |
| Rentals : | $1,700 - 4,950 | 54 |
| Mixd Use : | $1,400,000 - 1,899,000 | 4 |
| Com S : | - | |
| Com L : | - | |
| Biz : | $60,000 - 698,888 | 11 |
