1 month on rocket

331 Ocean Ave, Jersey City, NJ, 07305

$499,000

Home List Price

$5,926*

Closing Credit

6 Bedrooms
3 Full Baths
Multi

Location

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331 Ocean Ave, Jersey City$499,000

Buyer Closing Credits

$5,926*

1.25% Loan Amount

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Property Highlights

Home TypeTriplex
HeatingNatural Gas
BasementYes
MLS #240020553
StatusActive
(ACTIVE)

About 331 Ocean Ave

Endless Potential! Rehab Opportunity in a Three-Family Home with a New Roof. This spacious three-family home is a blank canvas, ready for your vision! this property offers the chance to create the perfect multi-unit investment or family home or Condos. Whether you’re an experienced investor or looking to customize your dream property, this full rehab project is the opportunity you’ve been waiting for. Investors and Contractors: Bring your creativity and tools to restore this home to its full potential. Spacious Layout: With three units, there’s room for multiple rental incomes or a large multi-generational living space. Blank Slate: The property needs a full rehab, offering you the freedom to design and finish it exactly how you want. Don’t miss the chance to turn this diamond in the rough into a shining gem! Property is being sold "AS IS" and with all its content within. Property has New Roof installed in 2024.

Property Details

Property Features

Property Information:

  • Architectural Style: Multi-Level

Listing Office:

  • Office Name: COLDWELL BANKER REALTY
  • Office Phone: (201) 798-3300

Interior Features

Interior Information:

  • Basement: Yes

Bedroom and Bathroom Information:

  • Full Bathrooms: 3
  • Total Bedroom Count: 6

Utilities

Utilities Information:

  • Heating: Natural Gas

Price Information

Listing Price Info

Price Summary:

  • List Price: $499,000

Tax Information:

  • Annual Amount: $1,821
  • 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

331 Ocean Ave vs Jersey City

36 DAYS ON ROCKET

-2 Days

$499,000

-$216K Less

KEY TAKEAWAY

This property is $216K less 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: #240020553

Listing Office:

  • Office Name: COLDWELL BANKER REALTY
  • Office Phone: (201) 798-3300

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, 3:16:06 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2020$1,821$150,200
2019$2,234$150,200
2018$542$36,400
2017$2,839$36,400

History based on county public records data.

Payment Calculator

$2,558

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,563

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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-20737
4
/10

  • Dr. Maya Angelou Elementary School

  • 239 Ocean Ave

  • 0.22 miles

  • Public District Grades PK-5

school-card-donut-20738
2
/10

  • Alexander D. Sullivan School

  • 171 Seaview Ave

  • 0.69 miles

  • Public District Grades PK-5

school-card-donut-20739
4
/10

  • Gladys Cannon Nunery School

  • 123 Claremont Ave

  • 0.80 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 $45,037. The most common annual income of people living in Jersey City, NJ is between $35k-100k. The majority of families are single, no kids. The most common level of education of people living in this area is high school diploma.

All data provided by Home Junction and Claritas

Rocket Homes›New Jersey›Hudson County›Jersey City›07305›331 Ocean Ave

This home is located at 331 Ocean Ave in Jersey City, NJ and zip code 07305 in the Greenville neighborhood. Features: 6 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since November 12, 2024 and is currently priced at $499,000.

Over 30 listings were sold over their listed price in November 2024 in Jersey City, NJ. In the same period over 73 listings were sold below the listed price and 14 listings were sold for the listed price. The inventory of homes for sale in Jersey City, NJ between October 2024 and November 2024 increased by 1.3%. In November 2024 median list price was $715,000 and the average listing age was 38 days.

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

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