Two-Family Duplex with
New
For Sale
$2,398,000
141 WEBSTER AVE JC, Jersey City, NJ 07307
A three-floor residence includes an additional in-law suite and off-street parking.
Property Size5,000 SF
Lot Size0.11 Acres
Price / SF$479.60
Days on Market5
Property Features for 141 WEBSTER AVE JC
General Information
Standard status
Active
Size
5,000 SF
Lot size
0.11 Acres
Property subtype
2 Family
Additional Details
Multifamily Units
2
Building Details
Buildings
1
Stories
3
Construction
brick
Listing Agency:
SERHANT NEW JERSEY LLC
Listed By:
ALEXANDER CALLE · License #1752924
(973) 315-5959
Source:
Serhant
Added: Oct 2
Changed: Oct 4
Last Checked: Oct 5 at 11:25PM
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 SERHANT NEW JERSEY LLC
Investment Insights
Based on property information with market context.
At 141 Webster Avenue, this brick two-family residence spans three floors and approximately 5,000 square feet. An additional in-law suite and off-street parking for 5+ vehicles add to the property’s configuration. The lot measures 50x100 feet.
The property is in Jersey City Heights, just off Palisade Avenue. Local shops and restaurants are nearby, and Riverview Park offers skyline views. The existing two-family layout and in-law suite accommodate a multi-generational household or separate living spaces.
The property is in Jersey City Heights, just off Palisade Avenue. Local shops and restaurants are nearby, and Riverview Park offers skyline views. The existing two-family layout and in-law suite accommodate a multi-generational household or separate living spaces.
Key Highlights
- Brick two‑family residence with an in‑law suite
- Approximately 5,000 square feet across three floors
- 50x100‑foot lot
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$113,476
Cap Rate
4.73%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,269,520
$2.3M
Cap Rate 7%
$1,621,086
$1.6M
Cap Rate 9%
$1,260,844
$1.3M
Market Conditions
NOI Build-Up for 5,000 SF
Gross rent
$171.0K $34.20/SF
− Vacancy
−$8.9K −$1.78/SF
EGI
$162.1K $32.42/SF
− OpEx
−$48.6K −$9.73/SF
NOI
$113.5K $22.70/SF
Area
Jersey City, NJ
Vacancy
5.20%
Lease Rate
$34.20 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,269,520
Cap Rate 7%
$1,621,086
Cap Rate 9%
$1,260,844
Alternative Uses
Best Use
Multifamily LT 5
$1.62M
$1.42M – $1.89M
NOI $113,476 @ 7.0% cap · market cap 4.73%
Second Best
Apartment 5plus
$1.45M
$1.27M – $1.70M
NOI $101,788 @ 7.0% cap · market cap 4.24%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
3,532
Businesses Nearby
Explore this area
Business Placement
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
View Realmo Analytics
Market
Vacancy Rate% for Multifamily in Northeast region
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Frequently Asked Questions
What type of property is this?
Duplex - A three-floor residence includes an additional in-law suite and off-street parking.
Where is this duplex located?
The property is located at 141 WEBSTER AVE JC Jersey City, NJ.
What is the asking price?
The asking price for this property is $2,398,000.
What are key features of this property?
This property features: Brick two‑family residence with an in‑law suite; Approximately 5,000 square feet across three floors; 50x100‑foot lot
