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3-Unit Triplex with Private Yard

270 1/2 Summit Avenue, Jersey City, NJ 07306

For Sale
$895,000

Separate utility service serves three apartments with one-, two-, and three-bedroom floor plans.

Property SizeContact for details
Days on Market94

Property Features for 270 1/2 Summit Avenue

General Information

Standard status Active
Property subtype MULTI_FAMILY

Site & Location

Road Access Yes
Public Transit Yes
Utilities to Site Yes

Units

Unit Mix 1 x 1BR, 1 x 2BR, 1 x 3BR
Multifamily Units 3
Individually Metered Utilities unspecified utilities

Additional Details

Tenant in Place Yes

Taxes and HOA fees

Annual Taxes $15,025

Building Details

Buildings 1
Stories 3
Listing Agency: The Agency Rutherford City West
Listed By: Julia Gulden Dagistanli
Source: Tkregroupinc
Added: Aug 8 Changed: Nov 8 Last Checked: Nov 8 at 9:25PM

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 The Agency Rutherford City West

Rey
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Review the available facts, identify missing information and prepare questions for the agent.

Investment Insights

Based on property information with market context.

This three-story triplex contains one apartment per floor: a one-bedroom on the first level, a two-bedroom on the second, and a three-bedroom on the third. The first- and third-floor apartments have been renovated; the second-floor unit is rented under a lease ending in July 2026. Each apartment has separate utilities. Bay windows, hardwood flooring, and classic interior finishes are among the building’s features, and a private backyard extends behind the property.

The building is on Summit Avenue in Jersey City, within walking distance of the Journal Square PATH station and neighborhood amenities. The mix of apartment sizes, separate utility service, and differing unit status provides a clear picture of the property’s current configuration.

Key Highlights

  • Three apartments: one, two, and three bedrooms, with one unit on each floor
  • First- and third‑floor apartments recently renovated
  • Second‑floor apartment is leased through July 2026

Property Analytics

Lease Details

3
Residential units
Yes
Paved road access
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

3,755
Businesses Nearby

Demographics for 07306, NJ

55,342
Population
24,770
Households
2.2
Avg Household Size
34
Median Age
50%
College-Educated
87%
High-School Grad
3.0 sq mi
ZIP Area
18,447
Density / Sq Mi
$75,861
Median Household Income
$49,522
Median Earnings
$1,619
Median Rent
$502,600
Median Home Value

Market

Properties on Market for Triplexes 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?
Triplex - Separate utility service serves three apartments with one-, two-, and three-bedroom floor plans.
Where is this triplex located?
The property is located at 270 1/2 Summit Avenue Jersey City, NJ.
What is the asking price?
The asking price for this property is $895,000.
What are key features of this property?
This property features: Three apartments: one, two, and three bedrooms, with one unit on each floor; First- and third‑floor apartments recently renovated; Second‑floor apartment is leased through July 2026
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