60 LEXINGTON AVE, Jersey City, NJ 07304
- Added:
- Jul 8, 2026
- Days on Market:
- 1
- Last Refresh:
- Jul 8 at 11:06 pm
Property Features for 60 LEXINGTON AVE
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 4
- Bathrooms
- 3
- Rooms
- Basement, Bedroom 4, Bathroom 3, Bedroom 2, Bedroom 3, Bathroom 1, Bedroom 1, Bathroom 2
- Standard status
- Active
Taxes and HOA fees
- Tax Year
- 2025
- Tax Annual Amount
- 6092
Building Details
- Architectural style
- Colonial
Listing agent NATALIE ESFANDIARI License #1434331 (201) 333-4443
Listing office WEICHERT REALTORS 273 GROVE ST, Jersey City, NJ (201) 333-4443
Listing date Jul 8, 2026
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.
HighLights
- Vacant two‑family Colonial in Jersey City’s West Bergen neighborhood, built in 1890
- Second‑floor unit: 3‑bedroom, 1‑bath duplex with approx. 1,200 sq. ft.
- First‑floor unit: approx. 650 sq. ft. 1‑bedroom, 1‑bath requiring complete renovation
- Forced hot air gas heat, separate living spaces, and one off‑street parking space
- Rear porch and private backyard with side‑by‑side storage units in the back
- Delivered completely vacant for renovations with no tenant restrictions
Overview
Located in Jersey City’s West Bergen neighborhood, the property is near Lincoln Park and New Jersey City University, with access to John F. Kennedy Boulevard and the West Side Avenue Light Rail Station. It is also close to Journal Square, Route 440, major bus routes, shopping, restaurants, schools, and parks, with convenient connections to Downtown Jersey City, Hoboken, Manhattan, and the NJ Turnpike.
Delivered completely vacant, the duplex is well suited for investors, developers, or owner-occupants looking to customize the layout and finishes from the ground up. With separate units already in place and no tenant restrictions at closing, an owner can begin renovations immediately and plan the final living configuration to match their goals.
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $63.3k | $34.20 |
| − Vacancy | −$3.3k | −$1.78 |
| EGI | $60.0k | $32.42 |
| − OpEx | −$18.0k | −$9.73 |
| NOI | $42.0k | $22.70 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Jersey City
- County
- Hudson
- State
- New Jersey
- Longitude
- -74.079494
- Latitude
- 40.718304
