$1,100,000
PENDING

Estimated payment $6,848/month

Total Views 3,940
9 Beds
5 Baths
2,163 Sq Ft
$509 Price per Sq Ft

Highlights

  • Cooling Available
  • Awning
  • Heating Available
  • Dr Ronald McNair High School Rated A+

About This Home

Unlock the potential of this turnkey multi-family property, perfect for both investors and owner-occupants looking to maximize rental income. Each unit has a total of 3 beds and 2 baths, while the finished basement with laundry offers 3 additional rooms and a full bathroom. Both units are occupied by long-term tenants with active leases through the end of July. This property includes an inviting outdoor area. Whether you're an investor seeking strong cash flow or a homeowner looking to live in one unit while renting the other, this asset in Journal Square, Jersey City is a must see!

Listing Agent

Taylor Pastorini

Keller Williams Realty West Monmouth License #2298207 Listed on: 02/28/2025

Keller Williams Realty West Monmouth

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,129

Year Built

  • Built in 1908

Lot Details

  • 2,178 Sq Ft Lot
  • Lot Dimensions are 22.5 x 100

Parking

  • No Garage

Home Design

  • Duplex

Interior Spaces

  • 2,163 Sq Ft Home
  • 2-Story Property
  • Awning
  • Partially Finished Basement

Bedrooms and Bathrooms

  • 9 Bedrooms
  • 5 Full Bathrooms

Utilities

  • Cooling Available
  • Heating Available

Community Details

  • 2 Units

Listing and Financial Details

  • Exclusions: Personal Property and tenants belongings
  • The owner pays for hot water, water, sewer, garbage removal
  • Assessor Parcel Number 06-16302-0000-00008

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,129

Year Built

Built in 1908

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Duplex
  • Subdivision Name: None
  • New Construction: No
  • Year Built: 1908
  • Contract Info New Construction: No
  • General Property Info Waterview: No
  • General Property Info Basement: Yes
  • General Property Info Pool: No
  • General Property Info Lot Dimensions: 22.5 x 100
  • WaterSewer Public Water: Yes
  • Garage None4: Yes
  • Exterior Awnings2: Yes
  • Special Features: None

Interior Features

  • Basement: Partially Finished
  • Basement: Yes
  • Full Bathrooms: 5
  • Total Bedrooms: 9
  • Stories: 2
  • Basement:Partially Finished: Yes

Exterior Features

  • Acres: 0.05
  • Waterfront: No
  • Exclusions: Personal Property and tenants belongings

Garage/Parking

  • Garage: No
  • Attached Garage: No
  • Parking Features: None
  • General Property Info:Garage: No

Utilities

  • Cooling: Other
  • Cooling Y N: Yes
  • Heating: Awnings(s), Other
  • HeatingYN: Yes
  • Water Source: Public

Lot Info

  • Lot Dimensions: 22.5 x 100
  • Lot Size Sq Ft: 2178.0
  • ResoLotSizeUnits: Acres
  • Parcel #: 06-16302-0000-00008
  • Zoning Description: Multi-Family

Rental Info

  • Tenant Pays: Other, Heat, Gas, Electricity
  • Owner Pays: Hot Water, Water, Sewer, Garbage Removal

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 9129.0
  • Tax Other Annual Assessment Amount: 408800.0

Multi Family

  • Number Of Units Total: 2

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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 $9,186 $408,800 $166,000 $242,800
2023 $9,186 $408,800 $166,000 $242,800
2022 $8,658 $408,800 $166,000 $242,800
2021 $6,557 $408,800 $166,000 $242,800
2020 $6,582 $408,800 $166,000 $242,800
2019 $6,296 $408,800 $166,000 $242,800
2018 $1,190 $408,800 $166,000 $242,800
2017 $6,240 $80,000 $13,900 $66,100
2016 $6,161 $80,000 $13,900 $66,100
2015 $5,986 $80,000 $13,900 $66,100
2014 $5,947 $104,700 $13,900 $90,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/15/2025 07/15/25 Pending -- -- --
06/17/2025 06/17/25 Price Changed $1,100,000 -2.2% $509 / Sq Ft
05/27/2025 05/27/25 Price Changed $1,125,000 -2.2% $520 / Sq Ft
05/05/2025 05/05/25 Price Changed $1,150,000 -1.7% $532 / Sq Ft
04/18/2025 04/18/25 Price Changed $1,170,000 -0.4% $541 / Sq Ft
02/28/2025 02/28/25 For Sale $1,175,000 +47.8% $543 / Sq Ft
03/18/2021 03/18/21 Sold $795,000 +0.8% --
11/13/2020 11/13/20 Pending -- -- --
10/05/2020 10/05/20 For Sale $789,000 -- --
Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

Purchase History

Date Type Sale Price Title Company
Deed $805,000 Investment Title Llc
Deed $210,000 --
Deed -- --
Warranty Deed -- --
Bargain Sale Deed $350,000 Accusearch Title Svcs Inc
Bargain Sale Deed $222,700 --
Bargain Sale Deed $148,000 --
Interfamily Deed Transfer -- First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $790,149 FHA
Previous Owner $404,900 Future Advance Clause Open End Mortgage
Previous Owner $100,000 Purchase Money Mortgage
Previous Owner $100,000 Purchase Money Mortgage
Previous Owner $280,000 New Conventional
Previous Owner $228,000 Unknown
Previous Owner $211,565 Purchase Money Mortgage
Previous Owner $136,197 FHA
Previous Owner $116,250 No Value Available
Source: Public Records

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Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 22505474

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 06-16302-0000-00008