Modern Luxury Duplex
For Sale
$720,000
31 BAYVIEW AVE #1 JC, Jersey City, NJ 07305
Spacious 3-bedroom duplex with premium finishes and private terrace.
Property Size1,725 SF
Days on Market341
Property Features for 31 BAYVIEW AVE #1 JC
General Information
Standard status
Active
Size
1,725 SF
Property subtype
Condominium
Amenities
A/C Central
Hot Air
Electric
Dishwasher
Microwave
Refrigerator
Oven/Range Electric
Building Details
Building Size
1,725 SF
Listing Agency:
Keller Williams City Life Realty
Listed By:
Frank Darden Moorefield · License #1324878
(201) 680-0559
Source:
Kw
Added: Oct 31, 2025
Changed: Oct 2
Last Checked: Oct 5 at 5:21PM
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 Keller Williams City Life Realty
Investment Insights
Based on property information with market context.
This expansive, completely custom new construction duplex residence features 3 bedrooms, 3.5 baths, and a bonus room. The open-concept living, dining, and kitchen areas are designed for both comfort and style, and include Frigidaire Gallery appliances, an 8-foot quartz island with waterfall edge, and custom cabinetry with premium finishes from brands like Hansgrohe & Kohler. A private outdoor terrace provides space for entertaining or relaxing. Constructed with materials including glulam and steel beams, closed-cell spray foam insulation, and sound-dampened walls, the home ensures lasting comfort and quiet. Smart features include Ethernet cabling for cameras and Wi-Fi, Legrand smart switches, LED lighting, and multi-zone HVAC climate control. Bathrooms are appointed with Kohler, Hansgrohe, and Porcelanosa fixtures, and finished with Porcelanosa porcelain and ceramic tile. The custom craftsmanship continues through the home with reclaimed 19th-century Washburn brick and timber, custom built ins, custom cabinetry, and exposed brick. One parking spot is included. Located in Bergen-Lafayette, this home offers access to dining, shopping, and entertainment options. The Canal Crossing Charter School Campus will offer a convent and highly rated school option in the neighborhood.
Key Highlights
- Completely custom new construction duplex featuring 3 bedrooms, 3.5 baths, and a bonus room, offering exceptional space.
- Private outdoor terrace perfect for entertaining or relaxing.
- High‑end finishes including Frigidaire Gallery appliances, 8‑foot quartz island with waterfall edge, Hansgrohe & Kohler fixtures, and Porcelanosa tile.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$35,117
Cap Rate
4.88%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$702,340
$702.3K
Cap Rate 7%
$501,671
$501.7K
Cap Rate 9%
$390,189
$390.2K
Market Conditions
NOI Build-Up for 1,725 SF
Gross rent
$67.1K $38.88/SF
− Vacancy
−$3.2K −$1.87/SF
EGI
$63.8K $37.01/SF
− OpEx
−$28.7K −$16.66/SF
NOI
$35.1K $20.36/SF
Area
Jersey City, NJ
Vacancy
4.80%
Lease Rate
$38.88 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$702,340
Cap Rate 7%
$501,671
Cap Rate 9%
$390,189
Alternative Uses
Best Use
Apartment 5plus
$501.7K
$439.0K – $585.3K
NOI $35,117 @ 7.0% cap · market cap 4.88%
Second Best
—
—
no second resolved use
Theoretical Best
Multifamily LT 5
$559.3K
$489.4K – $652.5K
NOI $39,149 @ 7.0% cap · market cap 5.44%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
1,012
Businesses Nearby
Explore this area
Business Placement
Demographics for 07305, NJ
67,947
Population
28,297
Households
2.4
Avg Household Size
36
Median Age
35%
College-Educated
88%
High-School Grad
5.7 sq mi
ZIP Area
11,921
Density / Sq Mi
$77,126
Median Household Income
$47,822
Median Earnings
$1,610
Median Rent
$418,200
Median Home Value
Market
Vacancy Rate% for Multifamily in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Apartment building - Spacious 3-bedroom duplex with premium finishes and private terrace.
Where is this apartment building located?
The property is located at 31 BAYVIEW AVE #1 JC Jersey City, NJ.
What is the asking price?
The asking price for this property is $720,000.
What are key features of this property?
This property features: Completely custom new construction duplex featuring 3 bedrooms, 3.5 baths, and a bonus room, offering exceptional space.; Private outdoor terrace perfect for entertaining or relaxing.; High‑end finishes including Frigidaire Gallery appliances, **8‑foot quartz island with waterfall edge**, Hansgrohe & Kohler fixtures, and Porcelanosa tile.
