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    342 Forrest St, Unit 1 Jersey City, NJ 07304

    For Lease
    $2,600 /Mo

    Three-bedroom, two-bath apartment with modern amenities, convenient location.

    Source: WEICHERT REALTORS

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Modern Apartment Near Transportation

    This modern apartment unit, located on the first floor, features three bedrooms and two bathrooms. The property is situated in close proximity to bus stops, parks, schools, and stores. Commuting to Journal Square PATH station and the light rail is convenient from this location. The apartment includes hardwood floors and a washer/dryer within the premises. The unit is available for immediate occupancy.
    Location Intelligence

    Current Use by Public Records

    Apartment buildings

    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
    -74.0782759
    Latitude
    40.7137414

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    FAQs

    What type of property is this?
    Multifamily property - Three-bedroom, two-bath apartment with modern amenities, convenient location.
    Where is this multifamily property located?
    The property is located at 342 Forrest St, Unit 1 Jersey City, NJ.
    What are key features of this property?
    This property features: - Newer 3-bedroom, 2-bath apartment; - Convenient location near bus stops, parks, schools, and stores; - Short commute to Journal Square PATH station and light rail
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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
    342 Forrest St, Unit 1 Jersey City, NJ 07304
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