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Renovated 4-Family Property
For Sale
$1,100,000

23 WESTERVELT PL JC, Jersey City, NJ 07304

Recently renovated multifamily property with separate utilities, updated kitchens and baths, stainless appliances, and modernized systems.

Property SizeContact for details
Days on Market35

Property Features for 23 WESTERVELT PL JC

General Information

Standard status Active
Property subtype 4 Family
Listing Agency: SERHANT NEW JERSEY LLC
Listed By: ALEXANDER CALLE · License #1752924
Source: Serhant
Added: Jul 28 Changed: Aug 30 Last Checked: Aug 30 at 10:40PM

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 SERHANT NEW JERSEY LLC

Investment Insights

Based on property information with market context.

This recently renovated four-family property includes separate utilities and updated building systems throughout. Each residence features refreshed kitchens and baths with stainless appliances, creating a consistent modern finish across the apartments. The garden-level unit also includes exclusive access to the backyard, while three additional apartments provide the remaining residential configuration.

The property is located at 23 Westervelt Place in Jersey City’s Bergen-Lafayette neighborhood, near light rail, parks, and neighborhood dining. The offering includes a potential 6%+ cap rate based on the pro forma.

Key Highlights

  • Recently renovated 4‑family property at 23 WESTERVELT PL, JC, Bergen‑Lafayett, NJ 07304
  • Separate utilities serving the apartments
  • Modern kitchens and baths with stainless appliances

Property Analytics

Current Use

Quadplexes

Suggested Use

Top Pick Acupuncture Tattoo & Piercing Shop (Bike/Boat/Book/etc) Store Pet Store & Service Butcher Carpet & Flooring Store

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

2,531
Businesses Nearby

Demographics for 07304, NJ

48,681
Population
21,211
Households
2.3
Avg Household Size
35
Median Age
40%
College-Educated
90%
High-School Grad
2.1 sq mi
ZIP Area
23,181
Density / Sq Mi
$68,432
Median Household Income
$47,673
Median Earnings
$1,572
Median Rent
$489,400
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?
Quadplex - Recently renovated multifamily property with separate utilities, updated kitchens and baths, stainless appliances, and modernized systems.
Where is this quadplex located?
The property is located at 23 WESTERVELT PL JC Jersey City, NJ.
What is the asking price?
The asking price for this property is $1,100,000.
What are key features of this property?
This property features: Recently renovated 4‑family property at 23 WESTERVELT PL, JC, Bergen‑Lafayett, NJ 07304; Separate utilities serving the apartments; Modern kitchens and baths with stainless appliances
More about this property
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