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Two-Unit Duplex Property

1 RESERVOIR AVE JC, Jersey City, NJ 07307

For Sale
$1,400,000

Separate residences feature private kitchens, in-unit laundry, and dedicated parking.

Property SizeContact for details
Days on Market9

Property Features for 1 RESERVOIR AVE JC

General Information

Standard status Active
Property subtype 2 Family

Units

Unit Mix 1 x 3BR/3BA, 1 x 3BR/2BA
Multifamily Units 2
Parking per Unit 1

Additional Details

Public Transit Yes

Amenities

washer and dryer

Building Details

Buildings 1
Listing Agency: OTSUBO REALTY
Listed By: JUNKO NACHAMIE
Source: Propertiesbysouthern
Added: Nov 1 Changed: Nov 8 Last Checked: Nov 8 at 1:04PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of OTSUBO REALTY

Rey
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Investment Insights

Based on property information with market context.

The property contains two duplex residences, each arranged across two levels. Together, they provide 6 bedrooms and 5 full bathrooms. One residence has 3 bedrooms and 3 bathrooms, with a kitchen, laundry, and combined living and dining space. The other offers 3 bedrooms and 2 bathrooms, along with its own kitchen, laundry, and living and dining areas. Two parking spaces are identified, with one assigned to each residence.

At the corner of Palisade Avenue and Reservoir Avenue in Jersey City Heights, the property is near bus stops with connections to Manhattan, Journal Square, Hoboken, and New York City. A light rail station serving Hoboken and Jersey City is approximately a 10-minute walk away, and a supermarket is one block from the property.

Key Highlights

  • Two duplex residences, each spanning two levels
  • Combined total of 6 bedrooms and 5 full bathrooms
  • One residence has 3 bedrooms and 3 bathrooms; the other has 3 bedrooms and 2 bathrooms

Property Analytics

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Lease Details

2
Residential units

Location Intelligence

Trade Area within ½ mile

3,789
Businesses Nearby

Demographics for 07307, NJ

44,247
Population
18,762
Households
2.4
Avg Household Size
35
Median Age
46%
College-Educated
87%
High-School Grad
1.9 sq mi
ZIP Area
23,288
Density / Sq Mi
$80,745
Median Household Income
$52,729
Median Earnings
$1,708
Median Rent
$574,000
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Properties on Market for Duplexes in Jersey City

Jul
Aug
Sep
Oct

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025

Frequently Asked Questions

What type of property is this?
Duplex - Separate residences feature private kitchens, in-unit laundry, and dedicated parking.
Where is this duplex located?
The property is located at 1 RESERVOIR AVE JC Jersey City, NJ.
What is the asking price?
The asking price for this property is $1,400,000.
What are key features of this property?
This property features: Two duplex residences, each spanning two levels; Combined total of 6 bedrooms and 5 full bathrooms; One residence has 3 bedrooms and 3 bathrooms; the other has 3 bedrooms and 2 bathrooms
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