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Two-Family Duplex with Attached Garage
New
For Sale
$1,495,000

496 LIBERTY AVE JC, Jersey City, NJ 07307

The 2016 construction includes an attached garage with capacity for three or more vehicles.

Property Size3,318 SF
Price / SF$450.57
Days on Market4

Property Features for 496 LIBERTY AVE JC

General Information

Standard status Active
Size 3,318 SF
Property subtype 2 Family

Additional Details

Highway Access Yes
Multifamily Units 2

Building Details

Year Built 2016
Listing Agency: RUIZ REALTY LLC
Listed By: ALEX RUIZ
Source: Propertiesbysouthern
Added: Oct 7 Changed: Oct 10 Last Checked: Oct 10 at 2:37AM

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 RUIZ REALTY LLC

Investment Insights

Based on property information with market context.

Built in 2016, this two-family property contains approximately 3,318 square feet of living space. The interior includes four full bathrooms and one half bath, and an attached garage provides parking for three or more vehicles.

The property is at 496 Liberty Ave in Jersey City, New Jersey. Its location offers access to transportation, shopping, dining, major roadways, and New York City.

Key Highlights

  • Two‑family property built in 2016
  • Approximately 3,318 square feet of living space
  • Four full bathrooms and one half bath

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$75,302
Cap Rate
5.04%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,506,040 $1.5M
Cap Rate 7%
$1,075,743 $1.1M
Cap Rate 9%
$836,689 $836.7K
Market Conditions
NOI Build-Up for 3,318 SF
Gross rent
$113.5K $34.20/SF
− Vacancy
−$5.9K −$1.78/SF
EGI
$107.6K $32.42/SF
− OpEx
−$32.3K −$9.73/SF
NOI
$75.3K $22.70/SF
Area
Jersey City, NJ
Vacancy
5.20%
Lease Rate
$34.20 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,506,040
Cap Rate 7%
$1,075,743
Cap Rate 9%
$836,689

Alternative Uses

Best Use
Multifamily LT 5
$1.08M
$941.3K – $1.26M (±1% cap)
NOI $75,302 @ 7.0% cap · market cap 5.04%
Second Best
Apartment 5plus
$964.9K
$844.3K – $1.13M (±1% cap)
NOI $67,546 @ 7.0% cap · market cap 4.52%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick Law Firm Nursing Home (Bike/Boat/Book/etc) Store Acupuncture Parking Lot & Garage Catering Service

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
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

2,178
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
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Duplex - The 2016 construction includes an attached garage with capacity for three or more vehicles.
Where is this duplex located?
The property is located at 496 LIBERTY AVE JC Jersey City, NJ.
What is the asking price?
The asking price for this property is $1,495,000.
What are key features of this property?
This property features: Two‑family property built in 2016; Approximately 3,318 square feet of living space; Four full bathrooms and one half bath
More about this property
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