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Multifamily Home with Finished Basement and Yard
For Sale
$749,000

22A Skillman Ave, Jersey City, NJ 07306

Multifamily home on a quiet street with a finished basement, a yard, and long-term tenants, plus nearby rental parking.

Days on Market15

Property Features for 22A Skillman Ave

General Information

Standard status Active
Property subtype Residential Income
Listing Agency: MODERN SPACES NJ LLC
Listed By: MINNI CHALANA · License #1969947
Source: Exprealty
Added: Jul 17 Changed: Jul 31 Last Checked: Jul 31 at 2:35AM

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 MODERN SPACES NJ LLC

Investment Insights

Based on property information with market context.

22A Skillman Ave, Jersey City, NJ presents a multifamily setup with five bedrooms and three and a half bathrooms, including a finished basement and a yard. Long-term tenants are currently in place. The property also benefits from substantial rental parking available in a massive parking lot next door.

The home sits on a wide, quiet, tree-lined street and is described as steps from the JSQ path, with nearby shopping and dining.

As presented, the configuration supports multiple living/occupancy approaches, whether maintaining long-term tenancy in place or using short-term rental arrangements for part of the property.

Key Highlights

  • Five bedrooms and three and a half bathrooms
  • Finished basement
  • Yard on a wide, quiet, tree‑lined street

Property Analytics

Current Use

Short term rental ...

Suggested Use

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

Location Intelligence

Trade Area within ½ mile

4,335
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?
Multifamily property - Multifamily home on a quiet street with a finished basement, a yard, and long-term tenants, plus nearby rental parking.
Where is this multifamily property located?
The property is located at 22A Skillman Ave Jersey City, NJ.
What is the asking price?
The asking price for this property is $749,000.
What are key features of this property?
This property features: Five bedrooms and three and a half bathrooms; Finished basement; Yard on a wide, quiet, tree‑lined street
More about this property
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