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Renovated Two-Family Duplex
For Sale
$879,000

12 Wright Avenue, Jersey City, NJ 07306

Two three-bedroom units feature stainless-steel kitchens, hardwood flooring, and access to a rear yard.

Property SizeContact for details
Days on Market8

Property Features for 12 Wright Avenue

General Information

Standard status Active
Property subtype MULTI_FAMILY

Additional Details

Public Transit Yes
Multifamily Units 2

Taxes and HOA fees

Annual Taxes $7,999

Building Details

Year Renovated 2017
Buildings 1
Listing Agency: Compass New Jersey, LLC-Hoboken
Listed By: Matthew Perasso
Source: Serhant
Added: Sep 18 Changed: Sep 20 Last Checked: Sep 24 at 7:12PM

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 Compass New Jersey, LLC-Hoboken

Investment Insights

Based on property information with market context.

This two-family duplex includes two three-bedroom residences in a building renovated in 2017. Both units offer kitchens with stainless-steel appliances and hardwood flooring throughout. Rear-facing windows bring natural light into the interiors. The first-floor residence opens directly to the yard, while the basement has its own walkout access and is reached from the first floor. The basement may provide additional living space with a bathroom if finished.

Outdoor features include a tree and a stone-paver patio. The property is approximately 10 blocks from the Journal Square PATH Train and near bus service, schools, and stores. The address is 12 Wright Avenue in Jersey City, New Jersey.

Key Highlights

  • Two‑family duplex with 3 bedrooms over 3 bedrooms
  • Renovated in 2017
  • Stainless‑steel appliances and hardwood floors in both units

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Pet Store & Service Acupuncture Nursing Home Pet Store Carpet & Flooring Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Residential units

Location Intelligence

Trade Area within ½ mile

3,071
Businesses Nearby

Demographics for 07306, NJ

55,342
Population
24,770
Households
2.2
Avg Household Size
34
Median Age
50%
College-Educated
87%
High-School Grad
3.0 sq mi
ZIP Area
18,447
Density / Sq Mi
$75,861
Median Household Income
$49,522
Median Earnings
$1,619
Median Rent
$502,600
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
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Frequently Asked Questions

What type of property is this?
Duplex - Two three-bedroom units feature stainless-steel kitchens, hardwood flooring, and access to a rear yard.
Where is this duplex located?
The property is located at 12 Wright Avenue Jersey City, NJ.
What is the asking price?
The asking price for this property is $879,000.
What are key features of this property?
This property features: Two‑family duplex with 3 bedrooms over 3 bedrooms; Renovated in 2017; Stainless‑steel appliances and hardwood floors in both units
More about this property
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