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Two-Unit Colonial Home
For Sale
$799,000

254 TERRACE AVE JC, Jersey City, NJ 07307

Two residential units provide separate kitchens and living areas, with a combined five bedrooms and two full baths.

Property SizeContact for details
Days on Market18

Property Features for 254 TERRACE AVE JC

General Information

Standard status Active
Property subtype 2 Family

Units

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

Additional Details

Public Transit Yes

Amenities

parking
finished basement

Building Details

Buildings 1
Construction colonial
Listing Agency: ACCESS HOMES REALTY
Listed By: GUSTAVO SANTACRUZ · License #0566928
Source: Propertiesbysouthern
Added: Sep 8 Changed: Sep 19 Last Checked: Sep 24 at 4:10PM

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 ACCESS HOMES REALTY

Investment Insights

Based on property information with market context.

This colonial-style two-family home at 254 Terrace Ave includes two residential units. The first unit has a kitchen, living room, two bedrooms, and one full bath. The second offers its own kitchen and living room, along with three bedrooms and one full bath. A finished basement adds another full bathroom, and the property includes parking.

The home is located in Jersey City Heights with access to NJ/NYC transportation, shops, restaurants, banks, parks, and schools. Its two-unit layout, additional finished basement space, and on-site parking provide a practical residential configuration in an established urban setting.

Key Highlights

  • Two residential units with a combined five bedrooms
  • First unit includes 2 bedrooms and 1 full bath
  • Second unit includes 3 bedrooms and 1 full bath

Property Analytics

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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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in Northeast region

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

What type of property is this?
Duplex - Two residential units provide separate kitchens and living areas, with a combined five bedrooms and two full baths.
Where is this duplex located?
The property is located at 254 TERRACE AVE JC 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 residential units with a combined five bedrooms; First unit includes 2 bedrooms and 1 full bath; Second unit includes 3 bedrooms and 1 full bath
More about this property
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