Duplex with Private
9 Minerva Street, Jersey City, NJ 07304
For Sale
$1,500,000
Multi-Family, Jersey City, NJ
Property Size3,250 SF
Lot Size0.03 Acres
Price / SF$461.54
Days on Market9
Property Features for 9 Minerva Street
General Information
Property type
Property subtype
Property condition
Zoning description
Bedrooms
Bathrooms
Full bathrooms
Rooms
Window features
Interior features
Exterior features
Fencing
Lot features
Directions
Standard status
APN
Size
Lot size
Utilities
Sewer type
Heating system
Cooling system
Water source
Amenities
private rooftop with outdoor kitchen
in-unit laundry
smart home features
Building Details
Year built
Floors in Building
Number of units
Flooring type
Building materials
Roof type
Buildings
Listing Agency:
Heritage House Sotheby's International Realty
Listed By:
Carla Torres
(732) 946-9200
Added: Nov 6
Changed: Nov 13
Last Checked: Nov 14 at 12:06AM
MLS# 22635265
Copyright © 2026 More MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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Investment Insights
Based on property information with market context.
Under construction, this brick-and-stucco duplex contains two residences, each with three bedrooms and two full bathrooms. The layouts include open kitchens with ZLINE appliances, wood flooring, porcelain tile, and private outdoor space. One residence has a flexible bonus room; the other includes a private rooftop terrace with an outdoor kitchen. The building also features concrete and steel construction, spray foam insulation, sound separation between residences, central air, forced-air heat, tankless hot water, and in-unit laundry.
The property is on a no-through street, 1.5 blocks from Garfield Avenue Light Rail Station. The station provides transit access toward Downtown Jersey City and Manhattan. Neighborhood restaurants and parks are also identified nearby.
The property is on a no-through street, 1.5 blocks from Garfield Avenue Light Rail Station. The station provides transit access toward Downtown Jersey City and Manhattan. Neighborhood restaurants and parks are also identified nearby.
Key Highlights
- Two residences, each with 3 bedrooms and 2 full bathrooms
- Private rooftop terrace spans over 900 square feet and includes an outdoor kitchen
- Garfield Avenue Light Rail Station is 1.5 blocks away
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$73,759
Cap Rate
4.92%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,475,180
$1.5M
Cap Rate 7%
$1,053,700
$1.1M
Cap Rate 9%
$819,544
$819.5K
Market Conditions
NOI Build-Up for 3,250 SF
Gross rent
$111.2K $34.20/SF
− Vacancy
−$5.8K −$1.78/SF
EGI
$105.4K $32.42/SF
− OpEx
−$31.6K −$9.73/SF
NOI
$73.8K $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%
$1,475,180
Cap Rate 7%
$1,053,700
Cap Rate 9%
$819,544
Alternative Uses
Best Use
Multifamily LT 5
$1.05M
$922.0K – $1.23M
NOI $73,759 @ 7.0% cap · market cap 4.92%
Second Best
Apartment 5plus
$945.2K
$827.0K – $1.10M
NOI $66,162 @ 7.0% cap · market cap 4.41%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
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Open Analytics
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
2,345
Businesses Nearby
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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
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Market
Properties on Market for Duplexes in Jersey City
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Duplex - Two three-bedroom residences feature private outdoor areas, contemporary finishes, and separate layouts.
Where is this duplex located?
The property is located at 9 Minerva Street Jersey City, NJ.
What is the asking price?
The asking price for this property is $1,500,000.
What are key features of this property?
This property features: Two residences, each with 3 bedrooms and 2 full bathrooms; Private rooftop terrace spans over 900 square feet and includes an outdoor kitchen; Garfield Avenue Light Rail Station is 1.5 blocks away
