
40 Wright Ave Jersey City, NJ 07306
West Side NeighborhoodEstimated payment $8,929/month
About This Home
Welcome to this stunning, newly constructed two-family home located in the highly desirable Marion section of Jersey Citya€TMs Journal Square neighborhood. Perfectly designed for multi-generational living or as a smart investment opportunity, this property offers a rare combination of luxury, space, and functionality. Unit 1 spans two levels and features 3 spacious bedrooms, 2.5 bathrooms, a private balcony, and direct access to a secure attached garage. The open-concept layout is enhanced by beautiful hardwood floors, soaring ceilings, and oversized Andersen windows that flood the home with natural light. The sleek, modern kitchen is equipped with brand-new stainless steel appliances and high-end finishes, ideal for both daily living and entertaining. Unit 2 offers 2 bedrooms, 2 full bathrooms, and a versatile den or home office, making it perfect for working remotely or additional guest space. This unit also boasts exclusive access to a private rooftop oasis, ideal for relaxing or entertaining while enjoying scenic views. Additional highlights throughout the property include hardwood flooring, thoughtfully designed layouts, ample storage, and premium craftsmanship. The home includes a 10-year buildera€TMs new construction warranty for peace of mind, and the builder will also be filing for a 5-year tax abatement, adding exceptional value. Whether you're searching for a luxurious primary residence or a high-potential investment, this remarkable property checks every box. Dona€TM
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $8,078
Parking
- 1 Car Garage
Home Design
- New Construction
Bedrooms and Bathrooms
- 5 Bedrooms
Laundry
- Laundry in unit
Listing and Financial Details
- Legal Lot and Block 15 / 10302
Map
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 |
---|---|---|---|---|
2024 | $8,078 | $599,500 | $349,500 | $250,000 |
2023 | $8,078 | $359,500 | $349,500 | $10,000 |
2022 | $6,223 | $293,800 | $171,000 | $122,800 |
2021 | $4,713 | $293,800 | $171,000 | $122,800 |
2020 | $4,730 | $293,800 | $171,000 | $122,800 |
2019 | $4,525 | $293,800 | $171,000 | $122,800 |
2018 | $1,265 | $293,800 | $171,000 | $122,800 |
2017 | $6,630 | $85,000 | $16,000 | $69,000 |
2016 | $6,546 | $85,000 | $16,000 | $69,000 |
2015 | $6,110 | $85,000 | $16,000 | $69,000 |
2014 | $6,069 | $85,000 | $16,000 | $69,000 |
Property History
Date | Event | Price | Change | Sq Ft Price |
---|---|---|---|---|
07/30/2025 07/30/25 | For Sale | $1,495,000 | -- | -- |
Purchase History
Date | Type | Sale Price | Title Company |
---|---|---|---|
Deed | $1,353,000 | American Land Title | |
Deed | $760,000 | Old Republic Natl Ttl Ins Co | |
Interfamily Deed Transfer | -- | None Available |
Mortgage History
Date | Status | Loan Amount | Loan Type |
---|---|---|---|
Open | $853,000 | New Conventional | |
Previous Owner | $1,250,000 | New Conventional |
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Source: New Jersey MLS
MLS Number: 25027089

APN: 06-10302-0000-00015
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