Two-Unit Duplex with Finished
23 Msgr Wojtycha Dr, Jersey City, NJ 07305
For Sale
New
$904,997
Separate residences offer private entrances, outdoor space, and a finished garage with a two-car-wide configuration.
Property Size2,068 SF
Days on Market4
Property Features for 23 Msgr Wojtycha Dr
General Information
Standard status
Size
Property subtype
Site & Location
Neighborhood
Highway Access
Units
Unit Mix
Multifamily Units
Taxes and HOA fees
Annual Taxes
Amenities
washer & dryer
fenced rear patio
Central Air
Forced Air, Natural Gas
Gas Water Heater
Walk-In Closet(s)
On Street, Attached
2-Two Story
Building Details
Building Size
Year Built
Buildings
Stories
Listing Agency:
COLDWELL BANKER REALTY
Listed By:
ROSEMARY MARTIN · License #304503
(732) 207-3873
Source:
Evrealestate
Added: Nov 6
Changed: Nov 8
Last Checked: Nov 8 at 4:35AM
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 COLDWELL BANKER REALTY
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Investment Insights
Based on property information with market context.
Built in 1997, this duplex contains two residences with separate entrances. The upper residence has three bedrooms, two full bathrooms, an eat-in kitchen, a large living room, hardwood flooring, and a primary bedroom with a walk-in closet and ensuite bath. Balconies extend from the living room and primary bedroom. The lower residence includes two bedrooms, one full bathroom, living and dining areas, a kitchen, and engineered hardwood flooring. Tile is used in the bathrooms.
The property also features a finished two-car garage, a single-length driveway, and a fenced rear patio. A washer and dryer are included. Nearby routes include Route 78, the New Jersey Turnpike, and Route 440; Liberty State Park, downtown Jersey City, and New York City are also cited in the property information.
The property also features a finished two-car garage, a single-length driveway, and a fenced rear patio. A washer and dryer are included. Nearby routes include Route 78, the New Jersey Turnpike, and Route 440; Liberty State Park, downtown Jersey City, and New York City are also cited in the property information.
Key Highlights
- Two residences: a three‑bedroom, two‑bath unit and a two‑bedroom, one‑bath unit
- Finished two‑car garage and single‑length driveway
- Upper unit has front and rear balconies; property also has a fenced rear patio
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$46,934
Cap Rate
5.19%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$938,680
$938.7K
Cap Rate 7%
$670,486
$670.5K
Cap Rate 9%
$521,489
$521.5K
Market Conditions
NOI Build-Up for 2,068 SF
Gross rent
$70.7K $34.20/SF
− Vacancy
−$3.7K −$1.78/SF
EGI
$67.0K $32.42/SF
− OpEx
−$20.1K −$9.73/SF
NOI
$46.9K $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%
$938,680
Cap Rate 7%
$670,486
Cap Rate 9%
$521,489
Alternative Uses
Best Use
Multifamily LT 5
$670.5K
$586.7K – $782.2K
NOI $46,934 @ 7.0% cap · market cap 5.19%
Second Best
Apartment 5plus
$601.4K
$526.2K – $701.7K
NOI $42,099 @ 7.0% cap · market cap 4.65%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Lease Details
2
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
1,109
Businesses Nearby
Explore this area
Business Placement
Demographics for 07305, NJ
67,947
Population
28,297
Households
2.4
Avg Household Size
36
Median Age
35%
College-Educated
88%
High-School Grad
5.7 sq mi
ZIP Area
11,921
Density / Sq Mi
$77,126
Median Household Income
$47,822
Median Earnings
$1,610
Median Rent
$418,200
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 - Separate residences offer private entrances, outdoor space, and a finished garage with a two-car-wide configuration.
Where is this duplex located?
The property is located at 23 Msgr Wojtycha Dr Jersey City, NJ.
What is the asking price?
The asking price for this property is $904,997.
What are key features of this property?
This property features: Two residences: a three‑bedroom, two‑bath unit and a two‑bedroom, one‑bath unit; Finished two‑car garage and single‑length driveway; Upper unit has front and rear balconies; property also has a fenced rear patio
