This semi-detached 3-family with bonus unit presents a fantastic investment opportunity in the heart of vibrant Downtown Jersey City, just a stone's throw from the Grove Street PATH train, shops and restaurants. The property is situated on a 25x100 lot, offering space and functionality. Each of the three units features two bedrooms and one bathroom, making them ideal for a range of tenants. All apartments are thoughtfully designed with modern kitchens and bathrooms, complemented by hardwood floors, tiled kitchens and windows filling the interiors with abundant natural light! With its prime location and endless potential this property not only provides an excellent opportunity for rental income but also offers long-term value appreciation.
Property Details
Property Features
Property Information:
Architectural Style: Other-See Remarks
Listing Office:
Office Name: COLDWELL BANKER REALTY
Office Phone: (201) 963-1400
Interior Features
Interior Information:
Basement: Yes
Bedroom and Bathroom Information:
Full Bathrooms: 4
Total Bedroom Count: 7
Utilities
Utilities Information:
Heating: Natural Gas
Price Information
Listing Price Info
Price Summary:
List Price: $1,799,000
Tax Information:
Annual Amount: $16,820
Tax Year: 2020
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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.
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Nearby Schools
6
/10
Frank R. Conwell School
111 Bright St
Distance between this listing and this school0.39 miles
Public District Grades PK-5
9
/10
Cornelia F. Bradford School
96 Sussex St
Distance between this listing and this school0.55 miles
Public District Grades PK-5
5
/10
Rev. Dr. Ercel F. Webb School
264 Van Horne St
Distance between this listing and this school1.11 miles
Public District Grades PK-5
Nearby Schools
5
/10
Rafael Cordero y Molina School
158 Erie St
Distance between this listing and this school0.42 miles
Public District Grades PK-8
5
/10
Frank R. Conwell Middle School
107 Bright St
Distance between this listing and this school0.46 miles
Public District Grades 6-8
8
/10
Explore Middle School
180 9th St
Distance between this listing and this school0.48 miles
Public District Grades 6-8
Nearby Schools
10
/10
Dr Ronald Mcnair High School
123 Coles St
Distance between this listing and this school0.41 miles
Public District Grades 9-12
2
/10
James J. Ferris High School
35 Colgate St
Distance between this listing and this school0.53 miles
Public District Grades 9-12
2
/10
William L. Dickinson High School
2 Palisade Ave
Distance between this listing and this school0.79 miles
The neighbors living near this home have an average income of $93,382. Most Jersey City, NJ residents have annual incomes between $35k-100k. The most common type of family is single, no kids. Most residents in this area have post secondary degree education.
This home is located at 216 1st St in Jersey City, NJ and zip code 07302 in the Downtown Jersey City neighborhood. Features: 7 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since November 12, 2024 and is currently priced at $1,799,000.
In November 2024 more than 30 listings in Jersey City, NJ were sold above the asking price. During the same period more than 14 listings were sold at asking price, while more than 73 were sold below. Between October 2024 and November 2024, Jersey City, NJ real estate market has seen increase in the number of listings by 1.3%. While the average time on the market in November 2024 was 38 days, the median list price was $715,000.
From Rocket Homes Real Estate and based on county public records data.