2-4 Family Home For Sale in Jersey City, NJ
MLS# : 26017685
PROPERTY DETAILS
PROPERTY DESCRIPTION
A rare opportunity to own a spacious three-family property in the heart of Jersey City Heights, just one block from vibrant Central Avenue. Built in the early 1900s and full of character, this income-producing property offers three separate residential units, high ceilings, abundant natural light, individual tenant storage areas, and flexible layouts ideal for both investors and owner-occupants. The property features three separate hot water heaters, four electrical panels including the house meter, Bilco door access to the backyard, and potential for a future laundry setup, including the possibility of in-unit stacked washer/dryer installations with proper plumbing and electrical modifications. Additional highlights include a front parking space, inviting front porch, and a fully fenced backyard with both grassy and patio areas perfect for outdoor enjoyment or entertaining. All three units are currently tenant occupied. Conveniently located near Central Avenue shopping, restaurants, grocery stores, cafes, and public transportation with direct bus access to New York City. Tenants pay gas and electric, offering strong investment potential and operational efficiency. Whether expanding your portfolio, living in one unit while collecting rental income, or securing a long-term investment, 120 Hutton Street offers exceptional opportunity, location, and versatility.
Amenities
This listing is a courtesy of Keller Williams City Views Realty
201-592-8900 office, listing agent Tony Nabhan
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 : | $425,000 - 3,500,000 | 55 |
| Condos : | $165,000 - 6,499,000 | 561 |
| Co-ops : | $345,000 - 679,000 | 10 |
| Twnhs : | $450,000 - 2,499,000 | 17 |
| 2-4 Fam : | $415,000 - 2,875,000 | 128 |
| 5+ Fam : | $1,550,000 - 1,550,000 | 1 |
| Land : | $469,000 - 4,800,000 | 23 |
| Rentals : | $1,750 - 5,300 | 42 |
| Mixd Use : | $1,550,000 - 1,550,000 | 1 |
| Com S : | - | |
| Com L : | - | |
| Biz : | $60,000 - 400,000 | 10 |
