551 Pavonia Ave Unit 1 &2 Jersey City, NJ 07306
Journal Square NeighborhoodEstimated payment $10,718/month
Total Views
3,447
6
Beds
2
Baths
--
Sq Ft
--
Price per Sq Ft
Highlights
- Victorian Architecture
- Living Room
- Dining Room
- Liberty High School Rated A-
- Central Air
- Wood Siding
About This Home
Located just blocks from the Journal Square PATH, this well-maintained two-family home offers excellent value and versatility. Each unit features a spacious 3-bedroom, 1-bath layout with great natural light and comfortable living space. Sitting on a 25x100 lot, the property includes a private backyard, perfect for relaxing or entertaining, and rare 2-car parking—a major plus in this neighborhood. Both units are occupied with month-to-month tenants, providing flexibility for investors or end users. With strong rental potential and easy access to NYC, shops, schools, and major transit, 551 Pavonia is an ideal opportunity in one of Jersey City’s most rapidly developing areas. Taxes and Sq Footage, etc. per NJ Tax Records and should be independently verified.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $10,917
Parking
- 2 Parking Spaces
Home Design
- Victorian Architecture
- Wood Siding
- Aluminum Siding
Interior Spaces
- Living Room
- Dining Room
- Partially Finished Basement
Bedrooms and Bathrooms
- 6 Bedrooms | 3 Main Level Bedrooms
Utilities
- Central Air
- Heating System Uses Gas
Listing and Financial Details
- Exclusions: Personal Belongings
- Legal Lot and Block 41 / 9606
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 | $10,939 | $1,604,500 | $1,554,500 | $50,000 |
| 2024 | $11,008 | $489,900 | $324,400 | $165,500 |
| 2023 | $11,008 | $489,900 | $324,400 | $165,500 |
| 2022 | $10,376 | $489,900 | $324,400 | $165,500 |
| 2021 | $8,939 | $557,300 | $324,400 | $232,900 |
| 2020 | $10,206 | $633,900 | $324,400 | $309,500 |
| 2019 | $9,762 | $633,900 | $324,400 | $309,500 |
| 2018 | $1,616 | $633,900 | $324,400 | $309,500 |
| 2017 | $8,471 | $108,600 | $20,400 | $88,200 |
| 2016 | $8,363 | $108,600 | $20,400 | $88,200 |
| 2015 | $8,125 | $108,600 | $20,400 | $88,200 |
| 2014 | $7,823 | $108,600 | $20,400 | $88,200 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/12/2025 08/12/25 | For Sale | $1,800,000 | 0.0% | -- |
| 08/12/2025 08/12/25 | Price Changed | $1,800,000 | +20.0% | -- |
| 07/01/2025 07/01/25 | Pending | -- | -- | -- |
| 05/20/2025 05/20/25 | For Sale | $1,500,000 | -- | -- |
Source: Hudson County MLS
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Bargain Sale Deed | $564,000 | Agent For Chicago Title Ins | |
| Bargain Sale Deed | $564,000 | Agent For Chicago Title Ins | |
| Interfamily Deed Transfer | -- | -- | |
| Interfamily Deed Transfer | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $1,200,000 | Stand Alone Refi Refinance Of Original Loan | |
| Closed | $584,500 | Purchase Money Mortgage |
Source: Public Records
Similar Homes in Jersey City, NJ
Source: Hudson County MLS
MLS Number: 250010140
APN: 06-09606-0000-00041
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