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Colonial Duplex With Parking
New
For Sale
$799,000

254 TERRACE AVE, Jersey City, NJ 07307

2 Family, Colonial, Jersey City, NJ

Property SizeContact for details
Days on Market2

Property Features for 254 TERRACE AVE

General Information

Property type Residential Multi Family
Property subtype Other
Bedrooms 5
Bathrooms 3
Full bathrooms 3
Rooms Bedroom 1, Bedroom 5, Bathroom 2, Bedroom 2, Basement, Bedroom 4, Bedroom 3, Bathroom 3, Bathroom 1
Directions Off Kennedy Blvd
Subdivision JC, Heights
Standard status Active

Building Details

Architectural style Colonial
Listing Agency: ACCESS HOMES REALTY
Listed By: GUSTAVO SANTACRUZ · License #0566928
Added: Sep 8 Last Checked: Sep 9 at 8:06AM
MLS# 260017928

Copyright © 2026 Realty MLS, Inc. 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.

This Colonial duplex at 254 Terrace Ave includes two residential units with distinct kitchens and living rooms. The first unit has two bedrooms and one full bath, while the second offers three bedrooms and one full bath. A finished basement adds another full bath and supplemental interior space. Parking is also included.

The property is in Jersey City, with access to transportation serving New Jersey and New York City. Shops, restaurants, banks, parks, and schools are located in the surrounding area.

Key Highlights

  • Two‑unit Colonial property with parking
  • First unit includes 2 bedrooms, kitchen, living room, and 1 full bath
  • Second unit includes 3 bedrooms, kitchen, living room, and 1 full bath

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Law Firm Acupuncture (Bike/Boat/Book/etc) Store Nursing Home Garden Center Locksmith

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

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

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Duplex - Two residential units provide separate kitchens, living rooms, and bedroom layouts.
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 Colonial property with parking; First unit includes 2 bedrooms, kitchen, living room, and 1 full bath; Second unit includes 3 bedrooms, kitchen, living room, and 1 full bath
More about this property
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