Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    The Largest CRE Database in the US with Over 1 Million Listings

    221 Clerk St Jersey City, NJ 07305

    Sponsored
    For Sale
    $1,300,000

    Fourplex, Multi-Family - Jersey City, NJ

    Property size:
    3,200 SF
    Lot size:
    0.06 Acres
    Days on Market:
    14
    Last Refresh:
    Feb 27 at 1:06 pm

    Property Features for 221 Clerk St

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active
    Rooms
    Basement, Bathroom 1, Bathroom 2, Bathroom 3, Bathroom 4, Bathroom 5, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5, Den, Family Room, Kitchen, Laundry, Living Room
    Bedrooms
    8
    Bathrooms
    6
    Interior features
    Fire Extinguisher, High Ceilings, Walk-In Closet, Wood Floors
    Basement Y/N
    1
    Appliances
    Dishwasher, Oven - Gas, Range, Refrigerator, Washer
    Size
    3,200 SF
    Lot size
    0.06 Acres

    Utilities

    Heating system
    Forced Air
    Cooling system
    Central Air, Multi Units

    Building Details

    Year built
    2026
    Number of units
    2
    Building materials
    Brick, Vinyl Siding
    Roof type
    Asphalt, Shingle
    Architectural style
    Other

    We can help!

    Listing Contact
    TAMAYO OPPENHEIMER
    TAMAYO OPPENHEIMER

    POD Real Estate LLC (908) 777-1434

    Listing agent TAMAYO OPPENHEIMER (201) 630-0360

    Listing date Feb 14, 2026

    MLS# 4009746 Listing URL

    Copyright © 2026 Garden State MLS, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Property Insight Report

    Overview

    Custom Two-Family Home with NYC Views

    This custom-built two-family residence features two units, each with approximately 2,000 sq ft duplex layouts. The open floor plans are filled with natural light and designed for modern living. The property includes a total of 8 bedrooms and 6 full bathrooms. The scale, comfort, and functionality make it ideal for owner-occupants, flexible living arrangements, or investors. The garden level provides private front and rear walk-out access, and each unit, including the basement, has its own dedicated entrance. Situated on a street with views of the NYC skyline, the home is located minutes from the Light Rail and moments from Berry Lane Park. The property is located in a desirable and rapidly growing neighborhood. The lot size is 0.06 acres, and the property size is 3,200 square feet.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Specialty properties

    Suggested Use

    Law Firm Restaurant Real Estate Agency Spa & Massage Center Dental Office Hair Salon Nail Salon Food Market Gym & Fitness Center Skin Care Clinic

    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
    -74.07480016348
    Latitude
    40.711003435289

    Nearby Similar for Sale

    • $99,000
      4,000 SF

      Turnkey Restaurant in West Bergen

      Restaurant business and mixed-use property in high-traffic area.
      331-337 WEST Side Ave, Jersey City, NJ 07305
      View Details
    • New
      $774,900
      3,053 SF

      Renovated Two-Family Home in Jersey City

      Turnkey two-family home with modern amenities and income potential.
      275 Claremont Ave, Jersey City, NJ 07305
      View Details
    • $3,000,000
      13,000 SF

      Mixed-Use Property Near Courthouse

      Three-story mixed-use property with retail and office space.
      572-574 Newark Ave, Jersey City, NJ 07306
      View Details
    • Contact for pricing
      740 SF

      Turnkey Salon in Jersey City Heights

      Fully equipped hair and nail salon in prime location.
      1185 Summit Ave, Jersey City, NJ 07307
      View Details
    • $65,000

      Established Deli Business For Sale

      Turnkey deli business opportunity in high-traffic JC Heights location.
      84 Reservoir Ave, Jersey City, NJ 07307
      View Details
    • $350,000
      2,500 SF

      Established Plumbing Business Opportunity

      Plumbing business for sale in thriving West Bergen market.
      264 Kearney Ave, Jersey City, NJ 07305
      View Details
    • New
      $825,000
      1,574 SF

      Renovated Jersey City Multifamily Property

      Fully renovated two-family property with Manhattan skyline views.
      9 Myrtle Ave, Jersey City, NJ 07305
      View Details
    • $875,000
      Pending

      Modernized Multi-Family in West Bergen

      Modernized multi-family home in Jersey City's West Bergen neighborhood.
      244 Clinton Ave, Jersey City, NJ 07304
      View Details
    • $3,549,000
      12,000 SF

      Historic Church Investment Opportunity

      Historic church with redevelopment potential in a rapidly growing area.
      355 Fairmount Ave, Jersey City, NJ 07306
      View Details
    • $689,999
      2,200 SF

      Mixed-Use Building in Jersey City

      Versatile investment property with commercial space and residential units.
      415 Martin Luther King Jr Dr, Jersey City, NJ 07304
      View Details
    • $849,000

      West Bergen Two-Family Home

      Well-maintained two-family home in Jersey City with income potential.
      301 Ege Ave, Jersey City, NJ 07304
      View Details
    • New
      $745,000

      Renovated Two-Family Home in Jersey City

      Renovated two-family home with modern updates and private outdoor spaces.
      53 College St, Jersey City, NJ 07305
      View Details

    FAQs

    What type of property is this?
    Specialty property - Exceptional two-family residence in desirable Jersey City neighborhood.
    Where is this specialty property located?
    The property is located at 221 Clerk St Jersey City, NJ.
    What is the asking price?
    The asking price for this property is $1,300,000.
    What are key features of this property?
    This property features: - Two-family residence featuring two 2,000 sq ft duplex units, perfect for owner-occupants, flex living, or investors.; - Located on a desirable street with NYC views, just minutes from the Light Rail and Berry Lane Park.; - Each unit boasts an open floor plan with oversized windows showcasing the NYC skyline and abundant natural light.
    (908) 777-1434
    Request Owner's contact information
    221 Clerk St Jersey City, NJ 07305
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    221 Clerk St
    Jersey City, NJ 07305
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    221 Clerk St Jersey City, NJ 07305
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    TAMAYO OPPENHEIMER
    TAMAYO OPPENHEIMER
    (908) 777-1434 (201) 630-0360
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!