1 month on rocket

216 1st St, Jersey City, NJ, 07302

$1,799,000

Home List Price

$10,000*

Closing Credit

7 Bedrooms
4 Full Baths
Multi

Location

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216 1st St, Jersey City$1,799,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeTriplex
HeatingNatural Gas
BasementYes
MLS #240016542
StatusActive
(ACTIVE)

About 216 1st St

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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Housing Market Comparison

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

Med. Sold Price

$715K

Med. Price/SqFt

$623

Avg. Days On Market

38

# of Sold Homes

146

216 1st St vs Jersey City

35 DAYS ON ROCKET

-3 Days

$1,799,000

+$1.0M More

KEY TAKEAWAY

This property is $1.0M 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: #240016542

Listing Office:

  • Office Name: COLDWELL BANKER REALTY
  • Office Phone: (201) 963-1400

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, 3:16:04 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

May 03, 2004Home Sold
$480,000

Tax History

YEARPROP. TAXASSESSMENT
2020$16,820$1,387,200
2019$20,641$1,387,200
2018$2,436$163,700
2017$12,769$163,700

History based on county public records data.

Payment Calculator

$9,046

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$5,460

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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-4355859
6
/10
  • Frank R. Conwell School

  • 111 Bright St

  • 0.39 miles

  • Public District Grades PK-5

school-card-donut-4355860
9
/10
  • Cornelia F. Bradford School

  • 96 Sussex St

  • 0.55 miles

  • Public District Grades PK-5

school-card-donut-4355861
5
/10
  • Rev. Dr. Ercel F. Webb School

  • 264 Van Horne St

  • 1.11 miles

  • Public District Grades PK-5

Neighborhood

What Are The Neighbors Like?

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.

All data provided by Home Junction and Claritas


Rocket Homes›New Jersey›Hudson County›Jersey City›07302›216 1st St

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.

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