#240018294, Listing Office: CHRISTIES INTERNATIONAL REAL ESTATE GROUP
355 Communipaw Ave Jersey City, NJ 07304
Property details
About 355 Communipaw Ave
Prime Investment Opportunity in Jersey City's Booming Bergen Lafayette Neighborhood! Corner 4-Family Brownstone with Carriage House Welcome to this exceptional investment opportunity in Jersey City's highly sought-after Bergen Lafayette neighborhood. This stunning corner 4-family brownstone, complete with a grandfathered carriage house, offers immense potential for renovation and rental income. Key Features: - Condo conversion plans included: Unlock the potential for individual unit sales. - Gutted interior: Excluding the 1st-floor unit, which is occupied by a tenant. - Renovated carriage house studio:( Behind the building on the property lot) A charming additional income stream. - Prime location: Walking distance to downtown Jersey City, Liberty State Park, light rail, and marina. - Proximity to amenities: Liberty Science Center, restaurants, shops, and Berry Park Lane. Investment Highlights: - Rent control status: Maintained due to the property's registered 4-family dwelling status. - 5 units in total: Maximizing rental income potential. - BOOMING neighborhood: Capitalize on Jersey City's rapid growth and development. Don't miss this rare opportunity to own a piece of Jersey City's history and secure a promising investment for the future.
Highlights
(ACTIVE)
Summary
- MLS Number: 250005929
- MLS Name: HudsonCountyNJ
- Office Name: COLDWELL BANKER REALTY
- Office Phone: (201) 963-1400
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Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/12/2025, 3:15:54 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$2,000,000
355 Communipaw Ave
$10,000
closing credit¹
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Seller rebate
0.5% sale price²
Price information
Property sales
Date | Event | Price |
---|---|---|
Jul 10, 2009 | Home Sold | $580,000 |
Mar 22, 2002 | Home Sold | $251,500 |
Tax history
Year | Assessment | Property Tax |
---|---|---|
2024 | $887,900 | $19,951 |
2022 | $887,900 | $14,241 |
2021 | $887,900 | $14,241 |
2020 | $887,900 | $13,673 |
2019 | $887,900 | $13,211 |
History based on county public records data.
Nearby schools
5
Rev. Dr. Ercel F. Webb School
Public District PK-5
0.2 mi
•264 Van Horne St
5
Julia A. Barnes School
Public District PK-5
0.6 mi
•91 Astor Pl
4
Gladys Cannon Nunery School
Public District PK-5
0.9 mi
•123 Claremont Ave
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $59,572. Residents of Jersey City, NJ typically earn between $35k-100k each year. Residents typically live in single, no kids family. The majority of residents in this area have post secondary degree education.
Similar homes for sale
This home is located at 355 Communipaw Ave in Jersey City, NJ and zip code 07304 in the Bergen-Lafayette neighborhood. Features: 8 bedrooms, 5 bathrooms. It has been listed on Rocket Homes since March 27, 2025 and is currently priced at $2,000,000.
Over 31 listings were sold over their listed price in March 2025 in Jersey City, NJ. In the same period over 57 listings were sold below the listed price and 20 listings were sold for the listed price. In March 2025 in Jersey City, NJ there were 23.9% more homes for sale than in February. In March 2025, listings were on the market for 45 days. During the same period, the median list price in this real estate market was $700,000.