2 months on rocket

162 Mallory Ave, Jersey City, NJ, 07304

$1,100,000

Home List Price

$10,000*

Closing Credit

3 Bedrooms
2 Full Baths, 2 Partial
Multi

Location

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162 Mallory Ave, Jersey City$1,100,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeMulti Family
ParkingDriveway-Exclusive, See Remarks, Attached, Detached, Finished, Garage, InEntrnc, OnSite
Attached Garage3 spaces
HeatingForced Air
CoolingCentral Air
BasementYes
MLS #3918532
Lot Size0.05 Acres
StatusActive

About 162 Mallory Ave

Investment Property well located on the corner and accessible from many New Jersey towns and locations. With access to New York through public transportation, bus, light rail station and major highways. Location is the key to this beautiful Brick Commercial Investment Property. Very welcome and spacious first floor commercial space with 2 half baths. It also features more than one space within it. Currently occupied with three entrances to the space. One entrance from Mallory Ave and the other two emergency exits on Williams Ave. The second floor residential area can be accessed form it's entrance on 90 Williams Ave. Offers an eat in kitchen, 3 bedrooms, 2 full bathrooms, 1 living room / dining room and 2 bonus rooms. Three car closed in garages that can be accessed through inside the first floor or outside for privacy. The location has multiple commercial investments in the same area that have been staples in the community for many years. With parking at a premium in Jersey City this Investment has it's own. The basement is front to back accessible with two exits as well. Community that is being redeveloped from the beginning of the Avenue until the end. Lincoln Park is just minutes away for outside enjoyment and West Side Ave or Rt 440 can be accessible in minutes for many of your shopping needs. Residential / Commercial Investment is a great opportunity to start your Investment Portfolio today!*taxes are of 2023 tax record*

Property Details

Property Features

Property Information:

  • Architectural Style: 2-Two Story, See Remarks

Listing Office:

  • Office Name: BRICK STREET REALTY NJ LLC
  • Office Phone: (201) 479-8280

Interior Features

Interior Information:

  • Appliances: Other
  • Basement: Yes
  • Interior: Blinds, Handicap Equipped, High Ceilings, See Remarks, Smoke Detector, Stain Glass Windows, Tile Floors, Walk-In Closet

Bedroom and Bathroom Information:

  • Partial Bathrooms: 2
  • Full Bathrooms: 2
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • Exterior: See Remarks

Parking Information:

  • Garage Space: 3 spaces
  • Attached Garage: Yes
  • Parking: Driveway-Exclusive, See Remarks, Attached, Detached, Finished, Garage, InEntrnc, OnSite

Lot Features

Lot Information:

  • Lot: Corner Lot
  • Lot Size: 0.05 Acres

Utilities

Utilities Information:

  • Heating: Forced Air
  • Cooling: Central Air

Other

Directions Information:

  • Directions: Mallory Ave & Williams Ave

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,100,000
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Housing Market Comparison

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

Med. List Price

$749K

Med. Price/SqFt

$495

Avg. Days On Market

71

# of Sold Homes

9

162 Mallory Ave vs Jersey City

83 DAYS ON ROCKET

+12 Days

$1,100,000

+$351K More

KEY TAKEAWAY

This property is $351K more than the Median List Price in Jersey City, NJ.

Based on homes listed in October 2024

MLS Details

MLS Information:

  • MLS Number: #3918532

Listing Office:

  • Office Name: BRICK STREET REALTY NJ LLC
  • Office Phone: (201) 479-8280

Information deemed reliable but not guaranteed. Copyright © 2024 Garden State Multiple Listing Service, L.L.C. All rights reserved.

Disclaimer: The data relating to real estate for sale on this website comes in part from the IDX Program of Garden State Multiple Listing Service, L.L.C. Real estate listings held by other brokerage firms are marked as an IDX Listing. Information deemed reliable but not guaranteed.

Notice: The dissemination of listings displayed herein does not constitute the consent required by N.J.A.C. 11:5.6.1 (n) for the advertisement of listings exclusively for sale by another broker. Any such consent must be obtained in writing from the listing broker.

The information on this web site 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. We are not responsible or liable for misinformation, misprints, or typographical errors. All information provided is deemed reliable but is not guaranteed and should be independently verified through personal inspection by and/or with the appropriate professionals. Properties subject to prior sale, change, withdrawal or rental.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/5/2024, 12:55:46 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

Sep 05, 2002Home Sold
$193,610
Apr 11, 1990Home Sold
$225,000

Tax History

YEARPROP. TAXASSESSMENT
2020 - $673,100
2019 - $673,100
2018 - $210,400
2017 - $210,400

History based on county public records data.

Payment Calculator

$5,558

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$3,364

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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-1921141
2
/10
  • PS # 33

  • 362 Union St

  • 0.17 miles

  • Public District Grades PK-4

school-card-donut-1921142
4
/10
  • Gladys Nunery School

  • 123 Claremont Ave

  • 0.88 miles

  • Public District Grades PK-5

school-card-donut-1921143
4
/10
  • The Ethical Community Charter School

  • 95 Broadway

  • 1.36 miles

  • Public Charter Grades KG-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $55,625. Most Jersey City, NJ residents have annual incomes between $35k-100k. The most common type of family is single, no kids. Typical level of education for residents in this area is high school diploma.

All data provided by Home Junction and Claritas


Rocket HomesNew JerseyHudson CountyJersey City07304162 Mallory Ave

This home is located at 162 Mallory Ave in Jersey City, NJ and zip code 07304 in the West Side neighborhood. This home sits on a 0.05 acre lot. Features: 3 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since August 13, 2024 and is currently priced at $1,100,000.

Between September 2024 and October 2024, Jersey City, NJ real estate market has seen increase in the number of listings by 46.5%. In October 2024 median list price was $749,000 and the average listing age was 71 days.

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

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