Brick Duplex with Private
147 LIBERTY AVE JC, Jersey City, NJ 07306
For Sale
$1,699,000
Multi-level living areas include primary suites, laundry, outdoor access, a garage, and additional off-street parking.
Property Size5,991 SF
Lot Size0.10 Acres
Price / SF$283.59
Days on Market46
Property Features for 147 LIBERTY AVE JC
General Information
Standard status
Size
Lot size
Property subtype
Site & Location
Road Access
Public Transit
Additional Details
Multifamily Units
Amenities
private balcony
laundry room
patio
Building Details
Buildings
Construction
Listing Agency:
PROVIDENT LEGACY REALTORS, LLC
Listed By:
ANDREA ALUMMOOTIL
(201) 809-9923
Source:
Serhant
Added: Sep 30
Changed: Nov 12
Last Checked: Nov 12 at 2:43PM
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
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Investment Insights
Based on property information with market context.
This brick duplex contains approximately 5,991 square feet of living space across multiple levels. The ground level measures approximately 1,642 square feet and has 12-foot ceilings, a primary suite, living and dining areas, a kitchen, a family room, a walk-in closet, and patio access. The first floor offers approximately 1,110 square feet with three bedrooms, a full bathroom, and living areas. Each of the upper floors has a primary suite, two additional bedrooms, a full bathroom, living and dining rooms, and a laundry room; the second floor also includes a private balcony. A garage and additional off-street parking are on site.
The property sits on a 45-by-100-foot lot on a dead-end street. Bus transportation is one block away, and the PATH station is a few blocks away, with access to PATH service to New York City.
The property sits on a 45-by-100-foot lot on a dead-end street. Bus transportation is one block away, and the PATH station is a few blocks away, with access to PATH service to New York City.
Key Highlights
- Approximately 5,991 square feet of living space in a brick duplex
- 45‑by‑100‑foot lot on a dead‑end street
- Ground level has 12‑foot ceilings and approximately 1,642 square feet
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$135,966
Cap Rate
8.00%
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
NOI $135,966 @ 7.0% cap · market cap 8.00%
Second Best
Apartment 5plus
$1.74M
$1.52M – $2.03M
NOI $121,962 @ 7.0% cap · market cap 7.18%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
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Lease Details
2
Residential units
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
3,348
Businesses Nearby
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Business Placement
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
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Market
Properties on Market for Duplexes in Jersey City
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Duplex - Multi-level living areas include primary suites, laundry, outdoor access, a garage, and additional off-street parking.
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 $1,699,000.
What are key features of this property?
This property features: Approximately 5,991 square feet of living space in a brick duplex; 45‑by‑100‑foot lot on a dead‑end street; Ground level has 12‑foot ceilings and approximately 1,642 square feet
