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Jefferson Homes for Sale

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  • /39

    $949,900

    • 6 Beds
    • 6 Baths
    • 4,134 Sq Ft

    119 Lincoln Ave, New London, CT 06320

    What if your next investment started generating income on day one? Welcome to 119-121 Lincoln Avenue, a turnkey six-unit property offering immediate income without the burden of renovations or establishing occupancy. All six one-bedroom units have been renovated and are fully occupied, allowing the next owner to step into an established, income-producing asset from day one. Each unit includes a

    Valerie Levin CENTURY 21 Shutters & Sails

    119 Lincoln Ave, New London, CT 06320
  • /31

    $499,900

    $25K PRICE DROP
    • 5 Beds
    • 4 Baths
    • 2,478 Sq Ft

    837 Bank St, New London, CT 06320

    Investors, take notice. 837 Bank Street in New London offers the potential for an estimated 12-15% cap rate based on prior rental income, making it a property well worth considering for your next buy-and-hold investment. Three of the four units are renovated one-bedroom, one-bath apartments, while the standout fourth unit is a spacious townhouse-style residence featuring four bedrooms with

    Stephano Stravoravdis Real Broker CT, LLC

    837 Bank St, New London, CT 06320

Why Live in Jefferson

Jefferson, a neighborhood in New London, is located 1 mile west of the historic waterfront and 3 miles north of Ocean Beach. This area allows residents to reach various city spots quickly. The neighborhood features multi-family homes, VFW and American Legion posts, churches, and auto parts stores. Housing styles range from turn-of-the-century Victorians converted into multi-family homes to single-family bungalows, ranch-style houses with basements, and 1920s colonial revival homes with hardwood floors and back decks. Jefferson is known for its diverse community, with many businesses and organizations catering to Hispanic and Haitian populations. Local highlights include Latin American and international restaurants, small grocers like Shiva Grocery, and Pezzello Brothers Fruit and Produce. Parks such as Veterans Memorial Field, McDonald Park, and Bates Woods Park provide recreational opportunities, while Fort Trumbull State Park and Museum offers fishing and scenic views. Jefferson's schools are part of the New London School District, which has average ratings and offers various magnet programs. Safety concerns include occasional crime incidents and mild flooding in certain areas. Despite these issues, Jefferson remains a practical and comfortable place for residents, with a strong sense of community and cultural events like Noche Latina and Hispanic Heritage Month celebrations.

Jefferson, New London, CT Home Prices vs. Nearby Neighborhoods

Jefferson Williams Northwest New London Parker
Median Home Price
$294,450
$315,000
$264,000
$299,000
Median Sale Price
$282,000
+13% YoY
$324,500
+48% YoY
$268,500
+7% YoY
$284,950
-3% YoY
Median Single Family Price
$282,000
$299,000
$268,500
$280,000
Total Active Listings
0 listings
1 listing
0 listings
1 listing
Market Conditions
0 Months of Supply
Seller's Market
3 Months of Supply
Seller's Market
0 Months of Supply
Seller's Market
1 Month of Supply
Seller's Market

Frequently Asked Questions

Is Jefferson a good place to live?
Jefferson is a good place to live. Jefferson is considered somewhat walkable and somewhat bikeable with some transit options. It has a median age of 37. The average household income is $56,664 which is below the national average. College graduates make up 14.6% of residents. A majority of residents in Jefferson are renters, with 67% of residents renting and 33% of residents owning their home. A local real estate agent serving Jefferson can help you decide if this neighborhood is the right one for you. Learn more on our Jefferson neighborhood guide.
How much do you need to make to afford a house in Jefferson?
The median home price in Jefferson is $294,450. If you put a 20% down payment of $58,900 and had a 30-year fixed mortgage with an interest rate of 6.71%, your estimated principal and interest payment would be $1,520 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $65K a year to afford the median home price in Jefferson. Learn how much home you can afford with our Home Affordability Calculator. The average household income in Jefferson is $57K.
What are the best public schools in Jefferson?
The best public schools that serve Jefferson are:
What are the best private schools in Jefferson?
The best private schools that serve Jefferson are:
What are the most popular zip codes in Jefferson, New London, CT?
The most popular zip codes in Jefferson, New London, CT include 06320, 06385, 06340, 06375 and 06357.
What are the most popular neighborhoods near Jefferson, New London, CT?
The most popular neighborhoods near Jefferson, New London, CT are Downtown New London, Willetts, South New London, Long Hill and Niantic.
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