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Brick Duplex with Garage
New
For Sale
$1,725,000

147 LIBERTY AVE JC, Jersey City, NJ 07306

A multi-level two-family residence combines extensive living space with a garage, additional off-street parking, and outdoor areas.

Property Size5,991 SF
Lot Size0.10 Acres
Price / SF$287.93
Days on Market7

Property Features for 147 LIBERTY AVE JC

General Information

Standard status Active
Size 5,991 SF
Lot size 0.10 Acres
Property subtype 2 Family

Site & Location

Road Access Yes
Public Transit Yes

Additional Details

Multifamily Units 2

Amenities

private balcony
laundry room
garage
off-street parking

Building Details

Buildings 1
Stories 4
Construction all-brick
Listing Agency: PROVIDENT LEGACY REALTORS, LLC
Listed By: ANDREA ALUMMOOTIL
Source: Serhant
Added: Sep 30 Changed: Oct 3 Last Checked: Oct 4 at 3:12PM

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 PROVIDENT LEGACY REALTORS, LLC

Investment Insights

Based on property information with market context.

This all-brick duplex contains approximately 5,991 square feet of living space on an approximately 45 x 100 lot. Its multi-level layout includes multiple living and dining areas, kitchens, bedrooms, full bathrooms, and primary suites. The ground level has 12-foot ceilings and opens directly to a patio; upper levels include a private balcony and laundry room. A garage and additional off-street parking serve the property.

The residence is on a dead-end street, one block from bus transportation and a few blocks from the PATH station, with access to the PATH to NYC. Outdoor space, storage, and direct outdoor access are also part of the property’s configuration.

Key Highlights

  • Approximately 5,991 square feet of living space across a multi‑level, two‑family residence
  • Approximately 45 x 100 lot
  • 12‑foot ceilings on the approximately 1,642 SF above‑grade ground level

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.

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick Nursing Home Veterinary Clinic Pet Grooming Service (Bike/Boat/Book/etc) Store Locksmith Clothing & Fashion 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
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
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in Northeast region

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

What type of property is this?
Duplex - A multi-level two-family residence combines extensive living space with a garage, additional off-street parking, and outdoor areas.
Where is this duplex located?
The property is located at 147 LIBERTY AVE JC 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 across a multi‑level, two‑family residence; Approximately 45 x 100 lot; 12‑foot ceilings on the approximately 1,642 SF above‑grade ground level
More about this property
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