55 Wayne St Jersey City, NJ 07302
Downtown Jersey City NeighborhoodEstimated payment $20,392/month
Total Views
1,541
7
Beds
6
Baths
--
Sq Ft
--
Price per Sq Ft
Highlights
- Brownstone
- 2-minute walk to Grove Street
- 4-minute walk to Van Vorst Park
- Dr Ronald McNair High School Rated A+
- Living Room
About This Home
Introducing an exceptional investment opportunity in the heart of historic downtown Jersey City—with a 5.5% cap rate. This fully gut-renovated 25x100 four-family brownstone effortlessly blends classic charm with modern convenience. Thoughtfully redesigned from top to bottom, each unit offers a unique and inviting living experience. Unit 1 features a spacious 1-bedroom, 1-bathroom layout with a flexible den—perfect for a home office or guest space—and an open-concept design that creates a seamless flow throughout. Unit 2 offers 2 bright bedrooms and 1 bathroom, highlighted by tasteful finishes and an abundance of natural light. Units 3 and 4 each boast 2 bedrooms and 2 bathrooms, including en-suite options that add comfort and privacy. Across all units, you’ll find stylish stainless steel appliances, in-unit washer/dryers, exposed brick accents, and large windows that fill the space with natural sunlight. A shared backyard serves as a peaceful urban retreat, ideal for relaxing or entertaining.With a strong projected cap rate , this brownstone is not only beautifully renovated but also a solid long-term investment. Perfectly positioned just steps from Jersey City’s vibrant downtown scene, residents enjoy easy access to top dining spots, local shops, and multiple transportation options—including Grove Street PATH, the Hudson-Bergen Light Rail, and bus lines into Manhattan. Excellent long term lease on this brownstone perfect for investors.
Listing Agent
PROMINENT PROPERTIES SOTHEBY'S INTERNATIONAL REALTY License #1221720 Listed on: 08/05/2025
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $49,000
Home Design
- Brownstone
- Brick Exterior Construction
Bedrooms and Bathrooms
- 7 Bedrooms | 1 Main Level Bedroom
Utilities
- Cooling System Mounted In Outer Wall Opening
- Heating System Uses Gas
Additional Features
- Living Room
- Lot Dimensions are 25x100
Listing and Financial Details
- Legal Lot and Block 00010 / 12906
- Assessor Parcel Number 1989
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 | $50,243 | $2,250,000 | $855,000 | $1,395,000 |
| 2024 | $62,745 | $2,250,000 | $855,000 | $1,395,000 |
| 2023 | $62,745 | $2,792,400 | $855,000 | $1,937,400 |
| 2022 | $59,143 | $2,792,400 | $855,000 | $1,937,400 |
| 2021 | $22,697 | $1,415,000 | $855,000 | $560,000 |
| 2020 | $22,782 | $1,415,000 | $855,000 | $560,000 |
| 2019 | $29,406 | $1,909,500 | $855,000 | $1,054,500 |
| 2018 | $2,455 | $1,909,500 | $855,000 | $1,054,500 |
| 2017 | $12,870 | $165,000 | $25,000 | $140,000 |
| 2016 | $12,707 | $165,000 | $25,000 | $140,000 |
| 2015 | $12,095 | $165,000 | $25,000 | $140,000 |
| 2014 | $12,016 | $165,000 | $25,000 | $140,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/05/2025 08/05/25 | For Sale | $2,999,000 | +99.9% | -- |
| 09/12/2018 09/12/18 | Sold | $1,500,000 | -18.9% | -- |
| 08/07/2018 08/07/18 | Pending | -- | -- | -- |
| 07/11/2018 07/11/18 | For Sale | $1,850,000 | -- | -- |
Source: Hudson County MLS
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Quit Claim Deed | -- | Gill Komlika | |
| Deed | $1,500,000 | None Available | |
| Interfamily Deed Transfer | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $100,000 | New Conventional | |
| Previous Owner | $650,000 | New Conventional | |
| Previous Owner | $3,450,000 | New Conventional | |
| Previous Owner | $12,500 | Purchase Money Mortgage | |
| Previous Owner | $63,000 | Unknown | |
| Previous Owner | $35,000 | Stand Alone Second | |
| Previous Owner | $265,000 | New Conventional | |
| Previous Owner | $245,587 | Unknown |
Source: Public Records
Similar Homes in Jersey City, NJ
Source: Hudson County MLS
MLS Number: 250015943
APN: 06-12906-0000-00010
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