14 days on rocket

88 Nelson Ave, Jersey City, NJ, 07307

$799,000

Home List Price

$9,488*

Closing Credit

4 Bedrooms
3 Full Baths
Multi

Location

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88 Nelson Ave, Jersey City$799,000

Buyer Closing Credits

$9,488*

1.25% Loan Amount

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Property Highlights

Home TypeDuplex
HeatingBaseboard
CoolingWindow Unit(s)
BasementYes
MLS #240023135
StatusActive
(ACTIVE)

About 88 Nelson Ave

Discover a prime investment opportunity in Jersey City's coveted Heights neighborhood with this multi-family home at 88 Nelson Ave. This property boasts exceptional potential for savvy real estate investors and homeowners alike, featuring 4 bedrooms and 3 bathrooms within a spacious 2,000 square feet of living space. The Heights offers a vibrant urban lifestyle with easy access to Manhattan, diverse amenities, and a strong sense of community. This property presents a remarkable opportunity for generating rental income through its multi-family configuration, as well as the potential for renovation and value-add strategies in a well-established neighborhood.

Property Details

Property Features

Property Information:

  • Architectural Style: Row House

Listing Office:

  • Office Name: LIBERTY REALTY LLC
  • Office Phone: (201) 222-2900

Interior Features

Interior Information:

  • Basement: Yes

Bedroom and Bathroom Information:

  • Full Bathrooms: 3
  • Total Bedroom Count: 4

Utilities

Utilities Information:

  • Heating: Baseboard
  • Cooling: Window Unit(s)

Price Information

Listing Price Info

Price Summary:

  • List Price: $799,000

Tax Information:

  • Annual Amount: $4,045
  • 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

88 Nelson Ave vs Jersey City

14 DAYS ON ROCKET

-24 Days

$799,000

+$84K More

KEY TAKEAWAY

This property is $84K 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: #240023135

Listing Office:

  • Office Name: LIBERTY REALTY LLC
  • Office Phone: (201) 222-2900

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

Oct 16, 2000Home Sold
$140,000
Oct 12, 1988Home Sold
$170,000

Tax History

YEARPROP. TAXASSESSMENT
2020$4,045$333,600
2019$4,963$333,600
2018$1,338$89,900
2017$7,012$89,900

History based on county public records data.

Payment Calculator

$4,055

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,462

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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-4354044
6
/10

  • Thomas a Edison Elementary School

  • 507 West St

  • 0.48 miles

  • Public District Grades PK-6

school-card-donut-4354045
6
/10

  • Nicolaus Copernicus School

  • 3385 John F Kennedy Blvd

  • 0.54 miles

  • Public District Grades PK-5

school-card-donut-4354046
6
/10

  • Veterans' Memorial Elementary School

  • 1401 Central Ave

  • 0.79 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 $60,000. The majority of Jersey City, NJ residents have income between $35k-100k annually. Typical family type is single, no kids. Residents of this area typically have post secondary degree education.

All data provided by Home Junction and Claritas

Rocket Homes›New Jersey›Hudson County›Jersey City›07307›88 Nelson Ave

This home is located at 88 Nelson Ave in Jersey City, NJ and zip code 07307 in the The Heights neighborhood. Features: 4 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since December 03, 2024 and is currently priced at $799,000.

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. In November 2024 in Jersey City, NJ there were 1.3% more homes for sale than in October 2024. 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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