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Vacant Two-Family Residential Income
For Sale
$600,000
Pending

205 Beacon Ave, Jersey City, NJ 07306

Vacant two-family home with two 2-bedroom units and a flexible setup for owner-occupancy or rental renovation.

Property SizeContact for details
Days on Market52

Property Features for 205 Beacon Ave

General Information

Standard status Pending
Property subtype Multi Family

Additional Details

Multifamily Units 2

Taxes and HOA fees

Annual Taxes $7,910

Building Details

Year Built 1900
Units 2
Listing Agency: KELLER WILLIAMS NJ METRO GROUP
Listed By: BRENDAN DASILVA · License #1753996
Source: Elliman
Added: Jun 20 Changed: Aug 8 Last Checked: Jul 16 at 10:33AM

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 KELLER WILLIAMS NJ METRO GROUP

Investment Insights

Based on property information with market context.

This vacant two-family residence is configured as a straightforward duplex, with each unit offering 2 bedrooms and 1 full bathroom. The property’s current vacant status provides immediate occupancy options as well as room for renovation or customization to align with either an owner-occupant plan or a rental-focused approach.

Situated in Jersey City Heights, the home is described as conveniently located near public transportation, with commuting to NYC noted as simple and efficient. The provided walkability and transit metrics indicate strong day-to-day accessibility, along with proximity to local restaurants, shops, parks, and schools.

For buyers seeking a practical residential income asset, the consistent unit mix can support an uncomplicated leasing plan. For owner-occupants, the layout allows for living in one unit while using the second unit for rental income, depending on how the property is prepared. Since the home is currently vacant, purchasers also have the option to stabilize it for immediate use or invest in updates prior to occupancy, based on their specific strategy.

Key Highlights

  • Vacant two‑family home built in 1900, ready for immediate occupancy, renovation, or customization
  • 2 units total, each with 2 bedrooms and 1 full bathroom
  • Flexible setup for owner‑occupancy (live in one unit, rent the other) or investment rental use

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Nursing Home Veterinary Clinic (Bike/Boat/Book/etc) Store Clothing & Fashion Store Acupuncture Locksmith

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

Location Intelligence

Trade Area within ½ mile

4,508
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
Rey
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Frequently Asked Questions

What type of property is this?
Duplex - Vacant two-family home with two 2-bedroom units and a flexible setup for owner-occupancy or rental renovation.
Where is this duplex located?
The property is located at 205 Beacon Ave Jersey City, NJ.
What is the asking price?
The asking price for this property is $600,000.
What are key features of this property?
This property features: Vacant two‑family home built in 1900, ready for immediate occupancy, renovation, or customization; 2 units total, each with 2 bedrooms and 1 full bathroom; Flexible setup for owner‑occupancy (live in one unit, rent the other) or investment rental use
More about this property
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