$10,000

closing credit¹

229 7th St Jersey City, NJ 07302

$1,399,000
4 beds
3 full
Multi-Family

Property details

About 229 7th St

Prime Downtown Jersey City Three-Family: Investment or Dream Home! Ideally located around the corner from Hamilton Park and around the corner from both the Newport and Grove St PATH stations. This versatile three-family house in the heart of Downtown Jersey City offers a unique opportunity for investors and homeowners alike. Homeowners: Envision yourself living in the spacious two-floor apartment enjoying your own private deck and backyard, while generating income from the top two units to offset your costs. The prime location offers easy access to NYC, while Hamilton Park provides a serene oasis just steps from your door. Investors: With three separate units, this property is currently fully rented and is not subject to rent control. Lots of upside. Apts 1 and 3 have washer/dryers and Apt 2 has a washer/dryer hookup ready to go. Visionaries: Unlock the full potential of this property by transforming it into a magnificent single-family residence. The existing building footprint provides a great foundation for creating a sprawling home with multiple living spaces and outdoor areas. Extend the back of the house to further increase the living space. Imagine hosting gatherings with friends and family in your dream home. Don't miss this rare chance to own a property that offers endless possibilities in one of Jersey City's most desirable neighborhoods. Schedule your showing today!

Highlights

Home typeTriplex
HeatingBaseboard, Natural Gas
StatusActive
(ACTIVE)
CoolingCentral Air
BasementYes
MLS #240016446

Summary

  • MLS Number: 240016446
  • MLS Name: HudsonCountyNJ
  • Office Name: LIBERTY REALTY LLC
  • Office Phone: (201) 610-1010

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: 1/31/2025, 4:15:56 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 house with cooling unit

$1,399,000

229 7th St

$10,000

closing credit¹

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Seller rebate

0.5% sale price²

Price information

Property sales

DateEventPrice
Mar 29, 2003
Home Sold
$420,000
Nov 09, 2000
Home Sold
$280,000
Oct 30, 1998
Home Sold
$327,500
May 27, 1997
Home Sold
$179,900
Oct 04, 1988
Home Sold
$120,000

Tax history

YearAssessmentProperty Tax
2024$1,404,600$31,561
2022$1,404,600$22,529
2021$1,404,600$22,529
2020$1,404,600$21,630
2019$1,404,600$20,900

History based on county public records data.

Nearby schools

6

Frank R. Conwell School

Public District PK-5

0.7 mi

111 Bright St

9

Cornelia F. Bradford School

Public District PK-5

0.8 mi

96 Sussex St

7

Jotham W. Wakeman School

Public District PK-5

0.9 mi

100 Saint Pauls Ave

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 $99,745. The majority of Jersey City, NJ residents have income between $35k-100k annually. The most common type of family is single, no kids. The majority of residents in this area have post secondary degree education.

How much money do the neighbors make?

8%
<35k
42%
35k-100k
35%
100k-200k
15%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree
Doctorate

What types of families live nearby?

60%
Single, No Kids
3%
Single, with Kids
22%
Married, No Kids
15%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

12%
<11 yrs old
1%
12-17 yrs old
38%
18-34 yrs old
45%
35-64 yrs old
4%
65+ yrs old

What do the neighbors do for fun?

  • Hiking/backpackingHiking/backpacking
  • Art MuseumsArt Museums
  • Music ConcertsMusic Concerts

Where do the neighbors shop?

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

Where do the neighbors go to eat?

  • StarbucksStarbucks
  • ChipotleChipotle
  • Boston MarketBoston Market

What do the neighbors drive?

  • AudiAudi
  • VolkswagenVolkswagen
  • MercedesMercedes

What do the neighbors listen to?

  • AlternativeAlternative
  • NewsNews
  • Rhythmic Contemporary HitsRhythmic Contemporary Hits
All data provided by Home Junction and Claritas

Similar homes for sale

This home is located at 229 7th St in Jersey City, NJ and zip code 07302 in the Hamilton Park neighborhood. Features: 4 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since November 12, 2024 and is currently priced at $1,399,000.

Jersey City, NJ housing market in December 2024 saw over 37 listings sold above listed price, more than 16 sold at listed price and over 56 sold below. In December 2024 in Jersey City, NJ there were 7.4% less homes for sale than in November. While the average time on the market in December 2024 was 39 days, the median list price was $711,431.

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

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