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397 Communipaw Ave, Jersey City, NJ, 07304

$1,275,000

Home List Price

$10,000*

Closing Credit

8 Bedrooms
4 Full Baths
Multi

Location

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397 Communipaw Ave, Jersey City$1,275,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeTriplex
HeatingNatural Gas
CoolingWindow Unit(s)
BasementYes
MLS #240018294
StatusActive
(ACTIVE)

About 397 Communipaw Ave

Discover a remarkable investment opportunity or potential for owner use with this 3-family property located in the vibrant Jersey City, Bergen Lafayette section. Surrounded by new residential developments, this property promises the potential for an excellent ROI. Features include a duplex unit with 4 Bedrooms, 2 full bathrooms and exclusive access to a private backyard, along with two additional 2-bedroom, 1-bathroom units. All units boast updated kitchens and bathrooms, complemented by interior common hallways showcasing original pine wood floors, soaring ceilings, and a rustic design staircase that highlights the historical charm of this distinctive property. Conveniently situated near shopping centers, parks, and major highways, this property offers a quick commute to NYC via the Path Train or Holland Tunnel. Don’t miss this opportunity – schedule a visit today to explore the potential of this exceptional property.

Property Details

Property Features

Property Information:

  • Architectural Style: Row House, Multi-Level

Listing Office:

  • Office Name: CHRISTIES INTERNATIONAL REAL ESTATE GROUP
  • Office Phone: (201) 962-9551

Interior Features

Interior Information:

  • Basement: Yes

Bedroom and Bathroom Information:

  • Full Bathrooms: 4
  • Total Bedroom Count: 8

Utilities

Utilities Information:

  • Heating: Natural Gas
  • Cooling: Window Unit(s)

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,275,000

Tax Information:

  • Annual Amount: $6,695
  • 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

397 Communipaw Ave vs Jersey City

39 DAYS ON ROCKET

+1 Day

$1,275,000

+$560K More

KEY TAKEAWAY

This property is $560K 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: #240018294

Listing Office:

  • Office Name: CHRISTIES INTERNATIONAL REAL ESTATE GROUP
  • Office Phone: (201) 962-9551

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: 12/22/2024, 7:16:05 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

Jan 11, 2018Home Sold
$594,000
Sep 09, 2005Home Sold
$470,000
Jun 27, 1996Home Sold
$163,000
Jan 18, 1996Home Sold
$12,419
Aug 21, 1990Home Sold
$150,000

Tax History

YEARPROP. TAXASSESSMENT
2020$6,695$552,200
2019$8,216$552,200
2018$1,339$90,000
2017$7,020$90,000

History based on county public records data.

Payment Calculator

$6,431

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$3,889

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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-912141
5
/10

  • Rev. Dr. Ercel F. Webb School

  • 264 Van Horne St

  • 0.16 miles

  • Public District Grades PK-5

school-card-donut-912142
5
/10

  • Julia A. Barnes School

  • 91 Astor Pl

  • 0.51 miles

  • Public District Grades PK-5

school-card-donut-912143
4
/10

  • Gladys Cannon Nunery School

  • 123 Claremont Ave

  • 0.83 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 $37,797. Most Jersey City, NJ residents have annual incomes between $35k-100k. Typical family type is single, no kids. Residents of this area typically have high school diploma education.

All data provided by Home Junction and Claritas

Rocket Homes›New Jersey›Hudson County›Jersey City›07304›397 Communipaw Ave

This home is located at 397 Communipaw Ave in Jersey City, NJ and zip code 07304 in the Bergen-Lafayette neighborhood. Features: 8 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since November 12, 2024 and is currently priced at $1,275,000.

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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