305 Summit Ave Jersey City, NJ 07306
McGinley Square NeighborhoodEstimated payment $6,194/month
Highlights
- Very Popular Property
- Patio
- Multiple cooling system units
- Liberty High School Rated A-
About This Home
Prime Investment Opportunity Excellent investment opportunity in a strategically located area of Jersey City! This property features two currently rented apartments, one commercial storefront, and a basement, Located on Summit Avenue, the property provides convenient access to major roads and transportation routes, including Route 1&9, NJ Turnpike, I-78, and other major Jersey City thoroughfares, making commuting to Downtown Jersey City, surrounding areas, and New York City convenient. The property is approximately 5 minutes from the Jersey City Courthouse and only 6 minutes from Journal Square, one of Jersey City's major transportation, business, and development hubs. With a combination of residential and commercial space Multiple income-producing components Excellent opportunity A great opportunity to acquire an income-producing residential and commercial property in a highly accessible Jersey City location.
Listing Agent
HELENE HALABI-JURGENSEN
PREMIER HOMES Brokerage Phone: 908-245-6767 Listed on: 08/25/2026
Open House Schedule
-
Saturday, August 29, 20261:00 to 5:00 pm8/29/2026 1:00:00 PM +00:008/29/2026 5:00:00 PM +00:00Add to Calendar
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $15,144
Year Built
- Built in 1978 | Remodeled
Parking
- On-Street Parking
Home Design
- Brick Exterior Construction
- Asphalt Shingled Roof
- Cedar Siding
- Stone Siding
Bedrooms and Bathrooms
- 4 Bedrooms
- 4 Full Bathrooms
Partially Finished Basement
- Walk-Out Basement
- Partial Basement
Schools
- Martin Elementary School
- Conwell Middle School
- Liberty High School
Utilities
- Multiple cooling system units
- Multiple Heating Units
Additional Features
- Patio
- 3,049 Sq Ft Lot
Community Details
- Net Operating Income $8
Listing and Financial Details
- Assessor Parcel Number 1806-12201-0000-00030-0000-
Map
Home Values in the Area
Average Home Value in this Area
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2026 | $15,145 | $648,600 | $232,100 | $416,500 |
| 2025 | $15,145 | $648,600 | $232,100 | $416,500 |
| 2024 | $14,574 | $648,600 | $232,100 | $416,500 |
| 2023 | $14,574 | $648,600 | $232,100 | $416,500 |
| 2022 | $13,737 | $648,600 | $232,100 | $416,500 |
| 2021 | $10,404 | $648,600 | $232,100 | $416,500 |
| 2020 | $10,442 | $648,600 | $232,100 | $416,500 |
| 2019 | $9,988 | $648,600 | $232,100 | $416,500 |
| 2018 | $1,470 | $648,600 | $232,100 | $416,500 |
| 2017 | $7,706 | $98,800 | $27,000 | $71,800 |
| 2016 | $7,609 | $98,800 | $27,000 | $71,800 |
| 2015 | $7,392 | $98,800 | $27,000 | $71,800 |
| 2014 | $7,345 | $98,800 | $27,000 | $71,800 |
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 08/25/2026 08/25/26 | For Sale | $899,000 | -- | -- |
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Interfamily Deed Transfer | -- | -- | |
| Deed | $140,000 | -- |
Source: Garden State MLS
MLS Number: 4048771
APN: 06-12201-0000-00030
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