$425,000

227 Terrace Ave Jersey City, NJ 07307

$5,047
Closing credit¹
3 beds
2 full
House

Property details

About 227 Terrace Ave

This is Your Next Great Investment Opportunity! Nestled in the vibrant and sought-after neighborhood of Jersey City Heights, this property is a blank canvas awaiting your vision. Located just minutes from New York City, it offers unparalleled convenience for commuters and urban enthusiasts alike. Whether you're an investor, developer, or homeowner with a creative touch, This property is ready for you to bring it to life. This property provides the perfect foundation to design your dream space. With its flexible layout and generous square footage, the possibilities are endless. Imagine creating a modern residence or a luxurious single-family home with stunning city views. The property is primed for customization, offering a fantastic opportunity to tailor every detail to your preferences or market demand. Situated near major transportation hubs, vibrant dining spots, shopping centers, and parks, this location combines urban living with suburban charm. Jersey City Heights is known for its rich culture, bustling arts scene, and proximity to both downtown Jersey City and Manhattan. You'll have easy access to the PATH train, bus routes, and major highways, making commuting or exploring the area a breeze. Don't miss your chance to own a property with boundless potential in one of the most exciting neighborhoods in the region. This is an opportunity to create something extraordinary, just steps away from the heart of New York City. Act now, and let this be the start of your next great chapter. **** Some images have been enhanced and virtually staged to help you envision the incredible potential this property offers. Don’t wait – opportunities like this are rare. Act now before it’s too late!

Highlights

Home typeSingle Family Residence
StatusActive
(ACTIVE)
BasementYes
MLS #240022390

Summary

  • MLS Number: 240022390
  • MLS Name: HudsonCountyNJ
  • Office Name: KELLER WILLIAMS REALTY WEST MONMOUTH
  • Office Phone: (732) 536-9010

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: 2/22/2025, 6:15:55 AM 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 home

$425,000

227 Terrace Ave

$5,047

closing credit¹

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0.5% sale price²

Price information

Property sales

DateEventPrice
Oct 09, 2003
Home Sold
$179,000
Jan 06, 2003
Home Sold
$135,000

Tax history

YearAssessmentProperty Tax
2024$343,600$7,720
2022$343,600$5,019
2021$343,600$5,019
2020$343,600$5,291
2019$343,600$5,112

History based on county public records data.

Nearby schools

6

Nicolaus Copernicus School

Public District PK-5

0.4 mi

3385 John F Kennedy Blvd

6

Thomas a Edison Elementary School

Public District PK-6

0.7 mi

507 West St

5

Charles E. Trefurt Elementary School

Public District PK-5

0.9 mi

96 Franklin 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 $67,668. Residents of Jersey City, NJ typically earn between $35k-100k each year. 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?

26%
<35k
41%
35k-100k
30%
100k-200k
3%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree

What types of families live nearby?

31%
Single, No Kids
15%
Single, with Kids
26%
Married, No Kids
28%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

15%
<11 yrs old
8%
12-17 yrs old
27%
18-34 yrs old
41%
35-64 yrs old
9%
65+ yrs old

What do the neighbors do for fun?

  • Pro BoxingPro Boxing
  • TennisTennis
  • Music ConcertsMusic Concerts

Where do the neighbors shop?

  • IKEAIKEA
  • Crate & BarrelCrate & Barrel
  • H&MH&M

Where do the neighbors go to eat?

  • QuiznosQuiznos
  • StarbucksStarbucks
  • ChipotleChipotle

What do the neighbors drive?

  • LexusLexus
  • BMWBMW
  • VolkswagenVolkswagen

What do the neighbors listen to?

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

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Frequently asked questions

About 227 Terrace Ave

This home is located at 227 Terrace Ave in Jersey City, NJ and zip code 07307 in the The Heights neighborhood. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since January 31, 2025 and is currently priced at $425,000.

In January 2025 more than 29 listings in Jersey City, NJ were sold above the asking price. During the same period more than 16 listings were sold at asking price, while more than 58 were sold below. The number of listings in Jersey City, NJ increased by 12.9% between December and January 2025. The median list price of listings available in January 2025 was $710,888, while the average time on the real estate market was 41 days.

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

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