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New Construction Duplex with Rooftop Deck
For Sale
$1,399,000

40 Wright Avenue, Jersey City, NJ 07306

Two-unit property with private outdoor areas, attached garage storage, and access to Journal Square transportation.

Property SizeContact for details
Days on Market209

Property Features for 40 Wright Avenue

General Information

Standard status Active
Property subtype Multi Family

Additional Details

Public Transit Yes
Multifamily Units 2

Taxes and HOA fees

Annual Taxes $23,214

Amenities

private balconies
in-unit washer and dryer
dishwasher
gas cooking
private backyard
rooftop deck
attached garage
storage
5.0
Yes
5
4
Flat
Finished, Slab, Walkout
Brick/Block, Vinyl Siding

Building Details

Year Built 2025
Buildings 1
Listing Agency: RE/MAX PROFESSIONALS I
Listed By: JORGE VELASQUEZ · License #259491
Source: Compass
Added: Feb 2 Changed: Aug 29 Last Checked: Aug 29 at 11:55PM

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 RE/MAX PROFESSIONALS I

Investment Insights

Based on property information with market context.

Built in 2025, this duplex presents two modern residential units with open-concept interiors, high ceilings, and private balconies connected to the primary bedrooms. Each unit includes an in-unit washer and dryer, dishwasher, and gas cooking. The property also provides a private backyard, rooftop deck with open views, and an attached garage with storage.

Located at 40 Wright Avenue in Jersey City’s Marion section of Journal Square, the property is near the Journal Square PATH Station, NJ Transit bus routes, and major highways. Lincoln Park, Skyway Golf Course, shopping, and dining are also nearby.

Key Highlights

  • 2025 construction configured as a 2‑family duplex
  • Open‑concept layouts with high ceilings in each unit
  • Private balconies off the primary bedrooms

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Pet Store & Service Acupuncture Nursing Home Pet Store Clothing & Fashion Store

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

3,071
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

Vacancy Rate% for Multifamily in Northeast region

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

What type of property is this?
Duplex - Two-unit property with private outdoor areas, attached garage storage, and access to Journal Square transportation.
Where is this duplex located?
The property is located at 40 Wright Avenue Jersey City, NJ.
What is the asking price?
The asking price for this property is $1,399,000.
What are key features of this property?
This property features: 2025 construction configured as a 2‑family duplex; Open‑concept layouts with high ceilings in each unit; Private balconies off the primary bedrooms
More about this property
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