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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

Two-family property in West Bergen with redevelopment potential.

Days on Market87

Property Features for 245 Jewett Avenue

General Information

Standard status
Active
Property subtype
Multi-Family / Duplex

Building Details

Year Built
1890
Listing Agency Keller Williams Realty East Monmouth
Listed by Viviana Mejia · License #1648582
Source Compass
Added: Apr 22 Checked: Jul 17 at 5:16 am

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 Realty East Monmouth


Investment Insights

Based on property information with market context.

Located in the West Bergen section of Jersey City, 245 Jewett Ave is a legal two-family property presenting an investment opportunity with immediate income and potential for condominium conversion. The first unit is a duplex-style apartment featuring 4 bedrooms, two living areas, modern finishes, and a tankless water heater. The second unit features 3 bedrooms and 2 bathrooms and is currently tenant-occupied through July, providing rental income.

Key Highlights

  • Investment opportunity with immediate rental income from tenant‑occupied Unit 2.
  • Significant upside potential through condominium conversion.
  • Located in the growing West Bergen section of Jersey City.

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 in West Bergen with redevelopment potential.
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: Investment opportunity with immediate rental income from tenant‑occupied Unit 2.; Significant upside potential through condominium conversion.; Located in the growing West Bergen section of Jersey City.
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