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Duplex with Finished Basement

254 Terrace Ave, Jersey City, NJ 07307

For Sale
$799,000
Pending

Two separate residences offer a two-bedroom and a three-bedroom layout, each with its own kitchen and living room.

Property SizeContact for details
Days on Market61

Property Features for 254 Terrace Ave

General Information

Standard status Pending
Property subtype Multi-Family

Units

Unit Mix 1 x 2BR/1BA, 1 x 3BR/1BA
Multifamily Units 2

Amenities

Finished
4
5
2
1
Oil,Electric,Gas
3
21
Aluminum/Vinyl,Shingle
Colonial
1 Car,Other-See Remarks

Building Details

Construction colonial
Listing Agency:
Listed By: Justin Robinson
Source: Skyrealtyintl
Added: Sep 10 Changed: Nov 8 Last Checked: Nov 9 at 7:17AM

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 Justin Robinson

Rey
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Investment Insights

Based on property information with market context.

This Jersey City duplex contains two residences: one with two bedrooms and one with three. Each unit includes a kitchen, living room, and full bathroom. The property also has a finished basement with an additional full bathroom and one-car parking.

Located in Jersey City Heights, the property is near shops, restaurants, banks, parks, and schools. NJ/NYC transportation is also accessible from the area.

Key Highlights

  • Two‑unit property with separate two‑bedroom and three‑bedroom residences
  • Both units include a kitchen, living room, and full bathroom
  • Finished basement with an additional full bathroom

Property Analytics

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Lease Details

2
Residential units

Location Intelligence

Trade Area within ½ mile

1,831
Businesses Nearby

Demographics for 07307, NJ

44,247
Population
18,762
Households
2.4
Avg Household Size
35
Median Age
46%
College-Educated
87%
High-School Grad
1.9 sq mi
ZIP Area
23,288
Density / Sq Mi
$80,745
Median Household Income
$52,729
Median Earnings
$1,708
Median Rent
$574,000
Median Home Value
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Market

Properties on Market for Duplexes in Jersey City

Jul
Aug
Sep
Oct

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025

Frequently Asked Questions

What type of property is this?
Duplex - Two separate residences offer a two-bedroom and a three-bedroom layout, each with its own kitchen and living room.
Where is this duplex located?
The property is located at 254 Terrace Ave Jersey City, NJ.
What is the asking price?
The asking price for this property is $799,000.
What are key features of this property?
This property features: Two‑unit property with separate two‑bedroom and three‑bedroom residences; Both units include a kitchen, living room, and full bathroom; Finished basement with an additional full bathroom
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