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Two-Unit Duplex with Deck
For Sale
$995,000

245 Jewett Avenue, Jersey City, NJ 07304

MULTI_FAMILY - Jersey City, NJ

Property SizeContact for details
Lot Size0.04 Acres
Days on Market79

Property Features for 245 Jewett Avenue

General Information

Property type Residential Multi Family
Property subtype Duplex
Bedrooms 7
Bathrooms 6
Full bathrooms 5
Half bathrooms 1
Rooms Bedroom 4, Bedroom 5, Bathroom 3, Bathroom 4, Bathroom 2, Bathroom 5, Basement, Bathroom 1, Bedroom 6, Bedroom 7, Bedroom 3, Bedroom 2, Bedroom 1, Bathroom 6
Patio and Porch features Deck
Exterior features Deck
Basement Full, Finished, Walk-Out Access
Directions USE GPS
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
Listed By: Viviana Mejia · License #1648582
Added: May 26 Changed: Aug 7 Last Checked: Aug 12 at 7:06PM
MLS# 22615522

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.

245 Jewett Avenue is a legal two-family, duplex-style property on a 0.04-acre lot, built in 1890. The exterior includes a deck, and the home features laminate flooring. Heating is forced air and cooling is provided by central air. The property is served by public water and public sewer, and has a shingle roof.

The duplex setup includes a spacious first unit with four bedrooms and two living areas, along with a tankless water heater. Unit 2 is a three-bedroom, two-bath configuration that is currently tenant-occupied through July, supporting immediate rental income while future plans are carried forward.

A key factor is that the current owner has already secured approvals from the town, in accordance with bylaws, to convert the property into two separate condominiums. The approvals provide a streamlined head start versus beginning the permitting process from scratch.

Key Highlights

  • Legal two‑family duplex on a 0.04‑acre lot
  • Deck and shingle roof; laminate flooring throughout
  • Forced‑air heating with central air conditioning

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Acupuncture (Bike/Boat/Book/etc) Store Tattoo & Piercing Shop Nursing Home Carpet & Flooring Store Restaurant

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

3,167
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
Rey
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Frequently Asked Questions

What type of property is this?
Duplex - Legal two-family duplex on public water and sewer with central air, forced-air heat, and a unit conversion approval plan.
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 duplex on a 0.04‑acre lot; Deck and shingle roof; laminate flooring throughout; Forced‑air heating with central air conditioning
More about this property
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