Shovel-Ready Gut Rehab 2-Family
For Sale
$599,000
88 LEXINGTON AVE, Jersey City, NJ 07304
2 Family, Colonial, Multi-Level, Jersey City, NJ
Property SizeContact for details
Lot Size0.05 Acres
Days on Market78
Property Features for 88 LEXINGTON AVE
General Information
Property type
Residential Multi Family
Property subtype
Other
Bedrooms
8
Bathrooms
5
Full bathrooms
5
Rooms
Bedroom 5, Bedroom 1, Bathroom 1, Bathroom 2, Bathroom 5, Basement, Bathroom 3, Bedroom 7, Bedroom 3, Bedroom 4, Bedroom 8, Bedroom 6, Bathroom 4, Bedroom 2
Directions
Kennedy Blvd and West Side Ave
Subdivision
JC, West Bergen
Standard status
Active
Lot size
0.05 Acres
Taxes and HOA fees
Tax Year
2025
Tax Annual Amount
8497
Building Details
Year built
1906
Architectural style
Other, Colonial
Listing Agency:
REALMART REALTY
(732) 727-2280
Listed By:
QIZHAN YAO · License #0902217
(732) 727-2285
Added: Jun 5
Changed: Aug 19
Last Checked: Aug 21 at 9:06PM
MLS# 260010853
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.
Giant legal detached vacant 2-family duplex, completely gutted to the studs with approved architect plans from Jersey City for a complete gut rehab. The project is shovel-ready, and rough plumbing for under the basement concrete slab has been completed. The plan provides a duplex basement running the entire area of the first floor with higher than normal ceilings, plus a matching second-floor layout.
Each floor is approximately 1,350 sq ft and is approved as 4 bedrooms and 2 full baths on both the first and second floors. The layout can also be modified to a large 3-bedroom configuration on either floor. The building was built in 1906 and is described as a Colonial architectural style.
The property sits on a 0.05-acre lot on the west side of Jersey City, located between Kennedy Blvd and West Side Ave, just a few blocks south of Communipaw Ave. Buyer can condo the building out and sell each unit separately.
Each floor is approximately 1,350 sq ft and is approved as 4 bedrooms and 2 full baths on both the first and second floors. The layout can also be modified to a large 3-bedroom configuration on either floor. The building was built in 1906 and is described as a Colonial architectural style.
The property sits on a 0.05-acre lot on the west side of Jersey City, located between Kennedy Blvd and West Side Ave, just a few blocks south of Communipaw Ave. Buyer can condo the building out and sell each unit separately.
Key Highlights
- Approved architect plans for a complete gut rehab; project is shovel‑ready
- Each floor is approximately 1,350 sq ft with a 4‑bedroom, 2 full‑bath layout
- Duplex basement runs the entire area of the first floor with higher than normal ceilings
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
2,383
Businesses Nearby
Explore this area
Business Placement
Demographics for 07304, NJ
48,681
Population
21,211
Households
2.3
Avg Household Size
35
Median Age
40%
College-Educated
90%
High-School Grad
2.1 sq mi
ZIP Area
23,181
Density / Sq Mi
$68,432
Median Household Income
$47,673
Median Earnings
$1,572
Median Rent
$489,400
Median Home Value
Market
Vacancy Rate% for Multifamily in Northeast region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Duplex - Approved plans for a complete gut rehab with rough plumbing completed and a legal detached 2-family configuration throughout.
Where is this duplex located?
The property is located at 88 LEXINGTON AVE Jersey City, NJ.
What is the asking price?
The asking price for this property is $599,000.
What are key features of this property?
This property features: Approved architect plans for a complete gut rehab; project is shovel‑ready; Each floor is approximately 1,350 sq ft with a 4‑bedroom, 2 full‑bath layout; Duplex basement runs the entire area of the first floor with higher than normal ceilings
