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    131 Monticello Ave, Unit JC Jersey City, NJ 07304

    Sponsored
    For Sale
    $1,350,000

    4 Family, Colonial,Split Level,Multi-level - JC, Journal Square, NJ

    Days on Market:
    22
    Last Refresh:
    Jan 7 at 6:06 pm

    Property Features for 131 Monticello Ave

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active
    Rooms
    Basement, Bathroom 1, Bathroom 2, Bathroom 3, Bathroom 4, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5
    Bedrooms
    8
    Bathrooms
    4
    Basement Y/N
    1

    Utilities

    Heating system
    Electric (Heating), Natural Gas
    Cooling system
    Central Air

    Building Details

    Building materials
    Brick, Stone
    Architectural style
    Colonial

    Weichert Realtors (201) 333-4443 [email protected]

    Listing agent NATALIE ESFANDIARI (201) 333-4443 License #1434331

    Listing date Dec 17, 2025

    MLS# 250025182 Listing URL

    Copyright © 2026 Hudson County Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Mixed-Use Property in Journal Square

    This mixed-use property features four renovated 2-bedroom apartments and two income-producing commercial units, currently used as one. Located in the fast-developing Jersey City corridor, the property benefits from nonstop rental demand and excellent tenant retention. Updated interiors, stable leases, and diversified income streams contribute to a low-maintenance, high-yield opportunity. This property is suited for investors seeking reliable returns in a prime growth location with long-term appreciation upside.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Shajanzeb Grocery & Deli Grocery Store

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Clothing Store Nail Salon Food Market Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Jersey City
    County
    Hudson
    State
    New Jersey
    Longitude
    -74.0715527
    Latitude
    40.7192583

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    FAQs

    What type of property is this?
    Mixed-use property - Cash-flowing mixed-use asset with high rental income in prime location.
    Where is this mixed-use property located?
    The property is located at 131 Monticello Ave, Unit JC Jersey City, NJ.
    What is the asking price?
    The asking price for this property is $1,350,000.
    What are key features of this property?
    This property features: - High rental income from four renovated 2-bedroom apartments and two commercial units.; - Located in a fast-developing Jersey City corridor with nonstop rental demand.; - Diversified income streams for a low-maintenance, high-yield opportunity.
    (201) 333-4443
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    131 Monticello Ave, Unit JC Jersey City, NJ 07304
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    Jersey City, NJ 07304
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    131 Monticello Ave, Unit JC Jersey City, NJ 07304
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