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Gut-Renovated Quadplex
For Sale
$2,950,000

55 WAYNE ST, Jersey City, NJ 07306

MULTI_FAMILY - Jersey City, NJ

Property SizeContact for details
Days on Market15

Property Features for 55 WAYNE ST

General Information

Property type Residential Multi Family
Property subtype Other
Bedrooms 8
Bathrooms 6
Full bathrooms 6
Rooms Bedroom 6, Bathroom 4, Bathroom 5, Bedroom 5, Bedroom 1, Bedroom 8, Bedroom 2, Bathroom 6, Bedroom 4, Bedroom 7, Bathroom 1, Bathroom 3, Bedroom 3, Bathroom 2
Directions borrow and grove
Subdivision JC, Downtown
Standard status Active

Taxes and HOA fees

Tax Year 2024
Tax Annual Amount 39200

Amenities

shared backyard and garden

Building Details

Architectural style Other
Listing Agency: VRI REALTORS BETTER HOMES NJ
Listed By: VIRENDER SINGH
Added: Jul 27 Changed: Aug 2 Last Checked: Aug 10 at 7:06AM
MLS# 260014792

Copyright © 2026 Realty MLS, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This completely gut-renovated four-unit quadplex preserves historic architecture while introducing modern luxury. Each residence features premium finishes and high-end appliances, designed to support either owner-occupancy or a fully managed rental strategy. A shared backyard and garden provides outdoor space and a private, urban feel.

The property is positioned in Jersey City’s downtown district just moments from the Grove Street PATH station. The building also offers unobstructed views of the Manhattan skyline, with surrounding dining and shopping in the immediate area.

Arranged as four residences within one building, this quadplex is well suited for investors seeking an income-producing property where tenants can also enjoy an outdoor shared space and preserved historic character.

Key Highlights

  • Completely gut‑renovated four‑unit quadplex with preserved historic architecture
  • Premium finishes and high‑end appliances in each residence
  • Shared backyard and garden for tenant outdoor space

Property Analytics

Current Use

Quadplexes

Suggested Use

Top Pick Tattoo & Piercing Shop Fish Market Tanning Salon (Bike/Boat/Book/etc) Store Adult Day Care Nursing Home

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

Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

4,099
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?
Quadplex - Completely gut-renovated four-unit quadplex with preserved historic elements, premium finishes, and a shared backyard and garden.
Where is this quadplex located?
The property is located at 55 WAYNE ST Jersey City, NJ.
What is the asking price?
The asking price for this property is $2,950,000.
What are key features of this property?
This property features: Completely gut‑renovated four‑unit quadplex with preserved historic architecture; Premium finishes and high‑end appliances in each residence; Shared backyard and garden for tenant outdoor space
More about this property
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