new - 4 days on rocket

55 Reservoir Ave, Jersey City, NJ, 07307

$1,450,000

Home List Price

$10,000*

Closing Credit

7 Bedrooms
4 Full Baths
3,900 SqFt
$372/SqFt
House

Location

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55 Reservoir Ave, Jersey City$1,450,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingDetached
Garage3 spaces
HeatingNatural Gas
CoolingWindow Unit(s)
BasementYes
MLS #240017922
StatusActive
(ACTIVE)

About 55 Reservoir Ave

Turn back time as you immerse yourself into history with this stunning 3900 sq ft Queen Ann style home, a true pre-war masterpiece, built in 1872, is rich in character and original craftsmanship. As you approach, the original wooden doors and trim welcome you into a timeless space adorned with exquisite details, including a Victorian-era Lincrusta chair rail lining the hallway and staircase. The first level boasts a spacious living room featuring a decorative hand carved marble fireplace, seamlessly flowing into the formal dining room through preserved original pocket doors. The oversized windows in the living room and bay window in the dining room allow the light to pour in. The spacious eat-in kitchen presents a blank canvas for you to create the kitchen of your dreams. Adjacent to the kitchen, the sunroom—complete with shatterproof windows—can be made into a serene retreat or additional space for the kitchen, while a full bathroom on this level adds to the convenience. The garden level offers a renovated studio apartment with a full bath updated two years ago. This space features ground-level walk-out access and beautifully preserved original long pine tongue-and-groove floors. Just outside the studio is an unfinished area, perfect for your personal vision or storage. On the second level, you'll find three generously sized bedrooms, one with a decorative marble fireplace, and a cozy den. A newly renovated full bathroom includes modern touches like a glass shower door and a state-of-the-art shower panel system. The third level offers three more bedrooms, a fully equipped kitchen, and a recently updated bathroom with NYC skyline views. Throughout the home, you'll find unique touches like parquet floors with intricate inlaid designs, original chandelier medallions, 11 ft. ceilings on the first flr, 9 ft. ceilings on the second floor, and 12" trim throughout the first floor. The home also features double-paned windows, many of which are only five years old, allowing natural light to flood every room. Beneath all floor coverings, including the parquet, lies untouched original pine tongue-and-groove flooring. The property also includes a two-car garage with parking for up to four more vehicles in the driveway, and a fenced-in yard. With its prime location just three blocks from the newly renovated Pershing Field, Central Ave shopping and restaurants, the elementary school just 6 blocks away, and the 123 and 119 bus lines that will have you in Manhattan in under 20 minutes, this home offers convenience and potential, including the option to generate income by renting the garden-level studio as an Airbnb or longer term rental. For added convenience, there's a 2 car garage and parking in the driveway up to 4-5 cars. This home is truly unique and is perfect for those seeking a blend of historical charm and modern convenience.

Property Details

Property Features

Property Information:

  • Architectural Style: Colonial, Victorian
  • Living Area: 3,900 SqFt

Listing Office:

  • Office Name: EXP REALTY LLC
  • Office Phone: (866) 201-6210

Interior Features

Interior Information:

  • Appliances: Dishwasher, Gas Oven, Gas Range, Refrigerator, Washer, Dryer
  • Basement: Yes
  • Flooring Type: Hardwood

Bedroom and Bathroom Information:

  • Full Bathrooms: 4
  • Total Bedroom Count: 7

Exterior Features

Parking Information:

  • Garage Space: 3 spaces
  • Parking: Detached

Utilities

Utilities Information:

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

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,450,000
  • Price Per SqFt: $372/SqFt

Tax Information:

  • Annual Amount: $6,811
  • Tax Year: 2020
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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

55 Reservoir Ave vs Jersey City

4 DAYS ON ROCKET

-67 Days

$1,450,000

+$701K More

$372/SqFt

-$123 Less

KEY TAKEAWAY

This property is $701K more than the Median List Price and $123/SqFt less than other homes in Jersey City, NJ.

Based on homes listed in October 2024

MLS Details

MLS Information:

  • MLS Name: HudsonCountyNJ
  • MLS Number: #240017922

Listing Office:

  • Office Name: EXP REALTY LLC
  • Office Phone: (866) 201-6210

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: 11/17/2024, 3:15:54 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$6,811$561,700
2019$8,358$561,700
2018$1,414$95,000
2017$7,410$95,000

History based on county public records data.

Payment Calculator

$7,304

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$4,414

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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-380736
5
/10
  • Charles E. Trefurt Elementary School

  • 96 Franklin St

  • 0.26 miles

  • Public District Grades PK-5

school-card-donut-380737
3
/10
  • Patricia M. Noonan Elementary School

  • 164 Laidlaw Ave

  • 0.31 miles

  • Public District Grades PK-5

school-card-donut-380738
7
/10
  • Jotham W. Wakeman School

  • 100 Saint Pauls Ave

  • 0.33 miles

  • Public District Grades PK-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $52,750. The majority of Jersey City, NJ residents have income between $35k-100k annually. The majority of families are single, no kids. Residents of this area typically have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 55 Reservoir Ave

What is the listing price of this property?

The listing price of 55 Reservoir Ave property is $1,450,000.

What type of property is this?

The property 55 Reservoir Ave is a house located in Jersey City, New Jersey, 07307.

Is this property for sale now?

Active Listing: 55 Reservoir Ave is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $6,811 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 55 Reservoir Ave has 7 bedrooms and 4 bathrooms.

What is the square footage of this property?

The property 55 Reservoir Ave is 3,900 SqFt (source: MLS/tax record).

Rocket Homes›New Jersey›Hudson County›Jersey City›07307›55 Reservoir Ave

This home is located at 55 Reservoir Ave in Jersey City, NJ and zip code 07307 in the The Heights neighborhood. Features: 7 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since November 12, 2024 and is currently priced at $1,450,000.

The number of listings in Jersey City, NJ increased by 46.5% between September 2024 and October 2024. Listings spent 71 days on the market in October 2024, and had a median list price of $749,000 during the same period.

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

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