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Brick Duplex

147 Liberty Ave, Jersey City, NJ 07306

For Sale
$1,725,000

The multi-level residence includes separate living areas, outdoor space, and garage parking.

Property Size5,991 SF
Lot Size0.10 Acres
Price / SF$287.93
Days on Market41

Property Features for 147 Liberty Ave

General Information

Standard status Active
Size 5,991 SF
Lot size 0.10 Acres
Property subtype Residential Income

Site & Location

Road Access Yes
Public Transit Yes

Additional Details

Multifamily Units 2

Amenities

private balcony
laundry room
patio
garage

Building Details

Buildings 1
Construction all-brick
Listing Agency: PROVIDENT LEGACY REALTORS, LLC
Listed By: ANDREA ALUMMOOTIL
Source: Exprealty
Added: Sep 30 Changed: Nov 8 Last Checked: Nov 8 at 10:05AM

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 PROVIDENT LEGACY REALTORS, LLC

Rey
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Investment Insights

Based on property information with market context.

This all-brick two-family duplex contains approximately 5,991 square feet across a multi-level layout. The property includes multiple bedrooms and full bathrooms, primary suites, living and dining areas, kitchens, a family room, laundry space, and storage. A ground-level area has 12-foot ceilings and patio access; upper levels include a private balcony. A garage and additional off-street parking serve the property, which also has a substantial lot and outdoor space.

The residence sits on a dead-end street in Jersey City. Bus transportation is one block away, and the PATH station is a few blocks from the property, with access to New York City.

Key Highlights

  • Approximately 5,991 square feet of living space
  • 45 × 100 lot
  • All‑brick, two‑family configuration

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$135,966
Cap Rate
7.88%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,719,320 $2.7M
Cap Rate 7%
$1,942,371 $1.9M
Cap Rate 9%
$1,510,733 $1.5M
Market Conditions
NOI Build-Up for 5,991 SF
Gross rent
$204.9K $34.20/SF
− Vacancy
−$10.7K −$1.78/SF
EGI
$194.2K $32.42/SF
− OpEx
−$58.3K −$9.73/SF
NOI
$136.0K $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%
$2,719,320
Cap Rate 7%
$1,942,371
Cap Rate 9%
$1,510,733

Alternative Uses

Best Use
Multifamily LT 5
$1.94M
$1.70M – $2.27M (±1% cap)
NOI $135,966 @ 7.0% cap · market cap 7.88%
Second Best
Apartment 5plus
$1.74M
$1.52M – $2.03M (±1% cap)
NOI $121,962 @ 7.0% cap · market cap 7.07%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Lease Details

2
Residential units
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

3,348
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

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 - The multi-level residence includes separate living areas, outdoor space, and garage parking.
Where is this duplex located?
The property is located at 147 Liberty Ave Jersey City, NJ.
What is the asking price?
The asking price for this property is $1,725,000.
What are key features of this property?
This property features: Approximately 5,991 square feet of living space; 45 × 100 lot; All‑brick, two‑family configuration
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