355 Communipaw Ave Jersey City, NJ 07304
Bergen-Lafayette NeighborhoodEstimated payment $11,666/month
Total Views
5,419
8
Beds
5
Baths
--
Sq Ft
--
Price per Sq Ft
Highlights
- Carriage House
- Living Room
- 5-minute walk to Lafayette Park
- Dr Ronald McNair High School Rated A+
About This Home
Prime Investment Opportunity in Jersey City's Booming Bergen Lafayette Neighborhood! Corner 4-Family Brownstone with Carriage House Welcome to this exceptional investment opportunity in Jersey City's highly sought-after Bergen Lafayette neighborhood. This stunning corner 4-family brownstone, complete with a grandfathered carriage house, offers immense potential for renovation and rental income. Key Features: - Condo conversion plans included: Unlock the potential for individual unit sales. - Gutted interior: Excluding the 1st-floor unit, which is occupied by a tenant. - Renovated carriage house studio:( Behind the building on the property lot) A charming additional income stream. - Prime location: Walking distance to downtown Jersey City, Liberty State Park, light rail, and marina. - Proximity to amenities: Liberty Science Center, restaurants, shops, and Berry Park Lane. Investment Highlights: - Rent control status: Maintained due to the property's registered 4-family dwelling status. - 5 units in total: Maximizing rental income potential. - BOOMING neighborhood: Capitalize on Jersey City's rapid growth and development. Don't miss this rare opportunity to own a piece of Jersey City's history and secure a promising investment for the future.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $19,951
Lot Details
- 2,286 Sq Ft Lot
- Lot Dimensions are 20.5x111.5
Parking
- 1 Parking Space
Home Design
- Carriage House
- Brownstone
- Victorian Architecture
- Brick Exterior Construction
- Stone Exterior Construction
Interior Spaces
- Multi-Level Property
- Living Room
Bedrooms and Bathrooms
- 8 Bedrooms | 2 Main Level Bedrooms
Community Details
- Water Sewer Expense $400
Listing and Financial Details
- Legal Lot and Block 29 / 20201
Map
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Home Values in the Area
Average Home Value in this Area
Tax History
| 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 |
|---|---|---|---|---|
| 2025 | $19,827 | $887,900 | $173,400 | $714,500 |
| 2024 | $19,951 | $887,900 | $173,400 | $714,500 |
| 2023 | $19,951 | $887,900 | $173,400 | $714,500 |
| 2022 | $18,806 | $887,900 | $173,400 | $714,500 |
| 2021 | $14,242 | $887,900 | $173,400 | $714,500 |
| 2020 | $14,295 | $887,900 | $173,400 | $714,500 |
| 2019 | $13,674 | $887,900 | $173,400 | $714,500 |
| 2018 | $1,571 | $887,900 | $173,400 | $714,500 |
| 2017 | $8,237 | $105,600 | $20,000 | $85,600 |
| 2016 | $8,132 | $105,600 | $20,000 | $85,600 |
| 2015 | $7,901 | $105,600 | $20,000 | $85,600 |
| 2014 | $7,850 | $105,600 | $20,000 | $85,600 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 09/03/2025 09/03/25 | Price Changed | $1,850,000 | -7.5% | -- |
| 03/27/2025 03/27/25 | For Sale | $2,000,000 | -- | -- |
Source: Hudson County MLS
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Bargain Sale Deed | $251,500 | Fidelity National Title Ins |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $900,000 | VA | |
| Closed | $685,000 | VA | |
| Closed | $464,000 | New Conventional | |
| Closed | $116,000 | New Conventional | |
| Closed | $299,750 | FHA | |
| Closed | $274,097 | FHA | |
| Previous Owner | $136,500 | Unknown |
Source: Public Records
Similar Homes in Jersey City, NJ
Source: Hudson County MLS
MLS Number: 250005929
APN: 06-20201-0000-00029
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