1 month on rocket

1158 Summit Ave, Jersey City, NJ, 07307

$1,300,000

Home List Price

$10,000*

Closing Credit

12 Bedrooms
5 Full Baths
Multi

Location

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1158 Summit Ave, Jersey City$1,300,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeQuadruplex
HeatingBaseboard
CoolingWindow Unit(s)
BasementYes
MLS #240020983
StatusActive
(ACTIVE)

About 1158 Summit Ave

An Ideal Investment Opportunity in Jersey City Heights! This Legal 4 Family is fully occupied and producing over 100k in annual rental income with low annual expenses. Each unit is spacious, with high ceilings and recent renovations. Conveniently located between Central Ave & Kennedy Blvd. A quick stroll to the Congress St Light Rail Station.

Property Details

Property Features

Property Information:

  • Architectural Style: Other-See Remarks

Listing Office:

  • Office Name: EXP REALTY LLC
  • Office Phone: (917) 518-1588

Interior Features

Interior Information:

  • Basement: Yes

Bedroom and Bathroom Information:

  • Full Bathrooms: 5
  • Total Bedroom Count: 12

Utilities

Utilities Information:

  • Heating: Baseboard
  • Cooling: Window Unit(s)

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,300,000

Tax Information:

  • Annual Amount: $6,366
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Jersey City, NJ.

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Jersey City, NJ

City

Med. Sold Price

$715K

Med. Price/SqFt

$623

Avg. Days On Market

38

# of Sold Homes

146

1158 Summit Ave vs Jersey City

35 DAYS ON ROCKET

-3 Days

$1,300,000

+$585K More

KEY TAKEAWAY

This property is $585K more than the Median Sold Price in Jersey City, NJ.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: HudsonCountyNJ
  • MLS Number: #240020983

Listing Office:

  • Office Name: EXP REALTY LLC
  • Office Phone: (917) 518-1588

IDXThe data relating to real estate for sale or rent on this web site comes in part from the IDX program of the HCMLS. Real estate listings held by brokerage firms other than this broker are marked with the HCIDX mark and the information about them includes the name of the listing broker. Information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Listing(s) information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Copyright © 2024 Realty Multiple Listing System, Inc. Incorporated in 1952 (aka RMLS, Hudson County MLS). All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 12/18/2024, 4:16:04 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Apr 28, 2017Home Sold
$710,000

Tax History

YEARPROP. TAXASSESSMENT
2020$6,366$680,500
2019$10,125$680,500
2018$2,009$135,000
2017$10,530$135,000

History based on county public records data.

Payment Calculator

$6,556

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$3,964

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NMLS#3030

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-4385163
6
/10

  • Thomas a Edison Elementary School

  • 507 West St

  • 0.27 miles

  • Public District Grades PK-6

school-card-donut-4385164
6
/10

  • Veterans' Memorial Elementary School

  • 1401 Central Ave

  • 0.66 miles

  • Public District Grades PK-5

school-card-donut-4385165
6
/10

  • Nicolaus Copernicus School

  • 3385 John F Kennedy Blvd

  • 0.67 miles

  • Public District Grades PK-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $30,125. Most Jersey City, NJ residents have annual incomes less than $35k. Residents typically live in single, no kids family. The majority of residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Rocket Homes›New Jersey›Hudson County›Jersey City›07307›1158 Summit Ave

This home is located at 1158 Summit Ave in Jersey City, NJ and zip code 07307 in the The Heights neighborhood. Features: 12 bedrooms, 5 bathrooms. It has been listed on Rocket Homes since November 12, 2024 and is currently priced at $1,300,000.

In November 2024, from all listings sold in Jersey City, NJ there were more than 30 sold above asking price, over 73 sold below and more than 14 were sold right at the asked price. The number of homes for sale in Jersey City, NJ increased by 1.3% between October 2024 and November 2024. In November 2024, listings were on the market for 38 days. During the same period, the median list price in this real estate market was $715,000.

From Rocket Homes Real Estate and based on county public records data.

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