$650,000

224 Bayview Ave Jersey City, NJ 07305

$7,719
Closing credit¹
7 beds
3 full
Multi-Family

Property details

About 224 Bayview Ave

Presenting a remarkable investment opportunity! This income-producing two-family home, complete with a bonus basement unit, offers both immediate returns and long-term potential. Featuring one designated parking space and a spacious backyard, this property has been thoughtfully renovated in 2022 with a new roof, siding, modern appliances, updated wiring, plumbing, solar panels, and recessed lighting. Unit 1 boasts 2 well-sized bedrooms, formal living and dining rooms, a full bath, and a generous kitchen, while the bonus basement unit—currently leased alongside Unit 1—includes 2 additional bedrooms, a full bath, and an open-concept kitchen, living, and dining area. Unit 2 offers 3 bedrooms, a den, a full bath, a spacious kitchen, and a large living area, providing an excellent living space for tenants. Each unit benefits from separate hot water heaters, furnaces, electrical systems, and gas meters. Located just minutes from transportation to NYC, this property is ideally positioned for convenience and growth. The possibilities for use and rental income are limitless!

Highlights

Home typeDuplex
HeatingBaseboard, Electric, Natural Gas
StatusActive
(ACTIVE)
CoolingWindow Unit(s)
BasementYes
MLS #250003293
Garage1 space

Summary

  • MLS Number: 250003293
  • MLS Name: HudsonCountyNJ
  • Office Name: CORCORAN SAWYER SMITH
  • Office Phone: (201) 653-8000

IDXThe data relating to real estate for sale or rent on this web site comes in part from the IDX program of the HCMLS. Real estate listings held by brokerage firms other than this broker are marked with the HCIDX mark and the information about them includes the name of the listing broker. Information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Listing(s) information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Copyright © 2025 Realty Multiple Listing System, Inc. Incorporated in 1952 (aka RMLS, Hudson County MLS). All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 2/21/2025, 5:15:55 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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view of front of house with a fenced front yard and a residential view

$650,000

224 Bayview Ave

$7,719

closing credit¹

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0.5% sale price²

Price information

Property sales

DateEventPrice
Aug 18, 2017
Home Sold
$177,000

Tax history

YearAssessmentProperty Tax
2024$276,500$6,212
2022$276,500$4,435
2021$276,500$4,435
2020$276,500$4,258
2019$276,500$4,114

History based on county public records data.

Nearby schools

4

Gladys Cannon Nunery School

Public District PK-5

0.3 mi

123 Claremont Ave

5

Empowerment Academy Charter School

Public Charter KG-6

0.6 mi

240 Ege Ave

3

Dr. Paul Rafalides School

Public District PK-5

0.8 mi

362 Union St

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $36,629. Typical income of Jersey City, NJ residents is less than $<35k annually. Typical family type is single, no kids. The most common level of education of people living in this area is high school diploma.

How much money do the neighbors make?

48%
<35k
42%
35k-100k
9%
100k-200k
1%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree

What types of families live nearby?

41%
Single, No Kids
37%
Single, with Kids
10%
Married, No Kids
12%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

20%
<11 yrs old
11%
12-17 yrs old
26%
18-34 yrs old
36%
35-64 yrs old
7%
65+ yrs old

What do the neighbors do for fun?

  • Mexican League SoccerMexican League Soccer
  • Pro BoxingPro Boxing
  • Major League Soccer (MLS)Major League Soccer (MLS)

Where do the neighbors shop?

  • Foot LockerFoot Locker
  • BurlingtonBurlington
  • H&MH&M

Where do the neighbors go to eat?

  • Little CaesarsLittle Caesars
  • White CastleWhite Castle
  • Boston MarketBoston Market

What do the neighbors drive?

  • DodgeDodge
  • KiaKia
  • HondaHonda

What do the neighbors listen to?

  • Urban Adult ContemporaryUrban Adult Contemporary
  • Rhythmic Contemporary HitsRhythmic Contemporary Hits
  • Soft Adult ContemporarySoft Adult Contemporary
All data provided by Home Junction and Claritas

Similar homes for sale

This home is located at 224 Bayview Ave in Jersey City, NJ and zip code 07305 in the Greenville neighborhood. Features: 7 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since February 20, 2025 and is currently priced at $650,000.

Over 29 listings were sold over their listed price in January 2025 in Jersey City, NJ. In the same period over 58 listings were sold below the listed price and 16 listings were sold for the listed price. In January 2025 in Jersey City, NJ there were 12.9% more homes for sale than in December. In January 2025 median list price was $710,888 and the average listing age was 41 days.

From Rocket Homes Real Estate and based on county public records data.

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