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Jersey City Multifamily Investment Opportunity

245 Jewett Avenue Jersey City, NJ 07304

245 Jewett Avenue, Jersey City, NJ, 07304
$995,000
For Sale
$995,000

MULTI_FAMILY - Jersey City, NJ

Lot Size0.04 Acres
Days on Market57

Property Features for 245 Jewett Avenue

General Information

Property type
Residential Multi Family
Property subtype
Duplex
Bedrooms
7
Bathrooms
6
Rooms
Bedroom 4, Bathroom 6, Bedroom 5, Bathroom 1, Bathroom 4, Bedroom 6, Bathroom 2, Bedroom 3, Bathroom 5, Basement, Bedroom 1, Bedroom 2, Bathroom 3, Bedroom 7
Patio and Porch features
Deck
Exterior features
Deck
Basement
Full, Walk-Out Access, Finished
Standard status
Active
APN
06-16402-0000-00009
Lot size
0.04 Acres

Taxes and HOA fees

Tax Year
2025
Tax Annual Amount
19593

Utilities

Sewer type
Public Sewer
Heating system
Forced Air
Cooling system
Central Air
Water source
Public

Building Details

Year built
1890
Floors in Building
2
Number of units
2
Flooring type
Laminate
Roof type
Shingle
Listing Agency Keller Williams Realty East Monmouth
830 Broad Street Suite 4, Shrewsbury, NJ
Listed by Viviana Mejia · License #1648582
Added: May 26 Updated: Jul 17 at 10:22 am Checked: Jul 21 at 5:06 am
MLS# 22615522 Listing URL

Copyright © 2026 More MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.


Investment Insights

Based on property information with market context.

Located in the West Bergen section of Jersey City, this legal two-family property at 245 Jewett Ave presents an investment opportunity with immediate income and potential for condominium conversion. The duplex-style first unit features 4 bedrooms, two living areas, modern finishes, and a tankless water heater. Unit 2 features 3 bedrooms and 2 bathrooms and is currently tenant-occupied through July, providing immediate rental income. The current owner has secured approvals from the town to convert the property into two separate condominiums. The lot size is 0.04 acres.

Key Highlights

  • Legal two‑family home at 245 Jewett Ave with approvals secured to convert into two separate condominiums
  • Unit 1 features 4 bedrooms and two living areas, plus a tankless water heater
  • Unit 2 is 3 bedrooms and 2 bathrooms and is currently tenant‑occupied through July

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Duplexes

Suggested Use

Acupuncture (Bike/Boat/Book/etc) Store Tattoo & Piercing Shop Nursing Home Carpet & Flooring Store Restaurant (Bike/Boat/Book/etc) Store Nursing Home Skin Care Clinic Restaurant

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Duplex - Two-family property with condo conversion approvals in West Bergen.
Where is this duplex located?
The property is located at 245 Jewett Avenue Jersey City, NJ.
What is the asking price?
The asking price for this property is $995,000.
What are key features of this property?
This property features: Legal two‑family home at 245 Jewett Ave with approvals secured to convert into two separate condominiums; Unit 1 features 4 bedrooms and two living areas, plus a tankless water heater; Unit 2 is 3 bedrooms and 2 bathrooms and is currently tenant‑occupied through July
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