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Two-Family Duplex with Bonus Unit
For Sale
$675,000
Pending

199 Freeman Ave, Jersey City, NJ 07306

Separate utilities, a deep backyard, and renovated living areas support flexible occupancy options.

Property SizeContact for details
Days on Market111

Property Features for 199 Freeman Ave

General Information

Standard status Pending
Property subtype Residential Income

Additional Details

Utilities to Site Yes
Multifamily Units 2
Listing Agency: EXP REALTY LLC
Listed By: JAMIE OSTASZEWSKI · License #1756626
Source: Exprealty
Added: Apr 22 Changed: Aug 8 Last Checked: Aug 9 at 10:20AM

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 EXP REALTY LLC

Investment Insights

Based on property information with market context.

Located at 199 Freeman Ave in Jersey City, this legal two-family duplex includes a bonus unit and a layout suited to both ownership and rental use. The ground floor and Unit 2 have been renovated, while Unit 1 is occupied by a long-term tenant. Separate utilities add operational separation between the units, and the property includes a deep backyard.

The home sits across from Lincoln Park, within the mix of McGinley Sq and JSQ. Its configuration combines multiple residential spaces with existing occupancy and updated areas, offering a practical setup for an investor or an owner-occupant. The property is offered for sale and showings are scheduled by appointment.

Key Highlights

  • Legal 2‑family property with a bonus unit
  • Ground floor and Unit 2 renovated
  • Unit 1 occupied by a long‑term tenant

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Skin Care Clinic Real Estate Agency Nursing Home Tattoo & Piercing Shop Acupuncture Pet Grooming Service

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
Utilities to site

Location Intelligence

Trade Area within ½ mile

1,738
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

Market

Vacancy Rate% for Multifamily in Northeast region

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

What type of property is this?
Duplex - Separate utilities, a deep backyard, and renovated living areas support flexible occupancy options.
Where is this duplex located?
The property is located at 199 Freeman Ave Jersey City, NJ.
What is the asking price?
The asking price for this property is $675,000.
What are key features of this property?
This property features: Legal 2‑family property with a bonus unit; Ground floor and Unit 2 renovated; Unit 1 occupied by a long‑term tenant
More about this property
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