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    59 Ocean Ave Jersey City, NJ 07305

    For Sale
    $749,000

    Multi-Family, 2-Two Story - Jersey City, NJ

    Lot size:
    0.06 Acres
    Days on Market:
    56
    Last Refresh:
    Dec 11 at 10:06 am

    Property Features for 59 Ocean Ave

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active
    Rooms
    Basement, Bathroom 1, Bathroom 2, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5, Kitchen, Living Room
    Bedrooms
    5
    Bathrooms
    2
    Parking
    3
    Basement Y/N
    1
    Appliances
    Dishwasher, Dryer, Refrigerator, Washer
    Lot size
    0.06 Acres

    Utilities

    Heating system
    Baseboard, Hot Water (Heating)

    Building Details

    Year built
    1922
    Number of units
    2
    Building materials
    Vinyl Siding
    Roof type
    Asphalt, Shingle
    Architectural style
    Other

    eXp Realty, LLC (866) 201-6210 [email protected]

    Listing agent SUZY CALABRESE (866) 201-6210

    Listing date Oct 17, 2025

    MLS# 3993237 Listing URL

    Copyright © 2025 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.

    Overview

    Updated Multi-Family in Jersey City

    This multi-family property in Jersey City, New Jersey, presents a turn-key investment opportunity in a commuter-friendly location. The property features two units. Unit 2 includes 3 bedrooms and 1 bathroom, while Unit 1 offers 2 bedrooms and 1 bathroom, along with access to a finished basement. Both units are equipped with in-unit laundry. The property also includes a 2-car garage. Situated blocks from Costco, shopping, and dining options, the location provides convenient access to the bus to Journal Square and the Danforth Avenue Light Rail. The lot size is 0.06 acres.
    Property Profile Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply 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
    -74.09659
    Latitude
    40.69077

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    FAQs

    What type of property is this?
    Duplex - Turn-key investment opportunity near transportation, shopping, and dining.
    Where is this duplex located?
    The property is located at 59 Ocean Ave Jersey City, NJ.
    What is the asking price?
    The asking price for this property is $749,000.
    What are key features of this property?
    This property features: - Prime commuter location with easy access to public transportation (bus to Journal Square, Danforth Avenue Light Rail).; - Turn-key investment opportunity with two updated units.; - Both units feature in-unit laundry.
    (866) 201-6210
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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
    59 Ocean Ave Jersey City, NJ 07305
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