Multifamily Home Near Journal
77 Giles Avenue Jersey City, NJ 07306
77 Giles Avenue, Jersey City, NJ, 07306
$815,000
For Sale
$815,000
Multifamily home with backyard and porch access near Journal Square.
Property Size2,744 SF
Price / SF$297.01
Days on Market202
Property Features for 77 Giles Avenue
General Information
- Standard status
- Active
- Size
- 2,744 SF
- Property subtype
- Multi Family
Building Details
- Year Built
- 1895
Listing Agency
For sale by owner, please contact
Listed by
Fizber
Source
Compass
Added: Dec 31, 2025 Updated: Jul 10 at 12:16 pm Checked: Jul 19 at 5:21 am
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 For sale by owner, please contact
Investment Insights
Based on property information with market context.
This multifamily home features multiple units across three floors. The first floor includes one bedroom, one full bathroom, a master bedroom, a living room, a full-size kitchen, and access to the backyard. The second floor offers a master bedroom, a full bathroom, a kitchen, a living room, and access to the front porch. The third floor is a studio with a full-size living room, a kitchen, and a full bathroom. The property also includes a full-size seller with a Bilco door entrance. Located in a desirable area near Journal Square, it provides convenient access to New York City. The property size is 2744 square feet.
Key Highlights
- Desirable location for commuting to New York City from Journal Square.
- Multifamily home with three separate units.
- First‑floor unit features one bedroom, one bath, full‑size kitchen, and backyard access.
Local Financial Insights For Apartment 5plus
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 | $106.7k | $38.88 |
| − Vacancy | −$5.1k | −$1.87 |
| EGI | $101.6k | $37.01 |
| − OpEx | −$45.7k | −$16.66 |
| NOI | $55.9k | $20.36 |
2,744 SF · lease $38.88/SF/yr · vacancy 4.80% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$798.0K
$698.3K – $931.0K
NOI $55,861 @ 7.0% cap · market cap 6.85%
Second Best
—
—
no second resolved use
Theoretical Best
Multifamily LT 5
$889.6K
$778.4K – $1.04M
NOI $62,275 @ 7.0% cap · market cap 7.64%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Multifamily properties
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FAQs
What type of property is this?
Multifamily property - Multifamily home with backyard and porch access near Journal Square.
Where is this multifamily property located?
The property is located at 77 Giles Avenue Jersey City, NJ.
What is the asking price?
The asking price for this property is $815,000.
What are key features of this property?
This property features: Desirable location for commuting to New York City from Journal Square.; Multifamily home with three separate units.; First‑floor unit features one bedroom, one bath, full‑size kitchen, and backyard access.
