#250007082, Listing Office: BOUTIQUE REALTY LLC
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
- Full Bathrooms: 5
- Total Bedroom Count: 8
- Garage Space: 1 space
- Architectural Style: Brownstone, Carriage House, Victorian, Multi-Level
- List Price: $2,000,000
- Annual Tax Amount: $19,951
- Tax Year: 2024
- Year Built: 1895
- Lot Size: 0.05 Acres
- 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: 6/3/2025, 5:45:33 PM 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. The majority of Jersey City, NJ residents have income between $35k-100k annually. Most families are single, no kids. Typical level of education for residents in this area is post secondary degree.
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.
Jersey City, NJ housing market in May 2025 saw over 57 listings sold above listed price, more than 33 sold at listed price and over 51 sold below. The number of listings in Jersey City, NJ increased by 15.9% between April and May 2025. In May 2025 median list price was $718,133 and the average listing age was 36 days.