$2,000,000

355 Communipaw Ave Jersey City, NJ 07304

$10,000
Closing credit¹
8 beds
5 full
0.05 acres
Multi-Family

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

Home typeQuadruplex
StatusActive
(ACTIVE)
Lot size0.05 Acres
Year built1895
MLS #250005929
Garage1 space

Summary

  • MLS Number: 250005929
  • MLS Name: HudsonCountyNJ
  • Office Name: COLDWELL BANKER REALTY
  • Office Phone: (201) 963-1400

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: 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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italianate house featuring a fenced front yard and cooling unit

$2,000,000

355 Communipaw Ave

$10,000

closing credit¹

Sell your home with Rocket and save even more!

Seller rebate

0.5% sale price²

Price information

Property sales

DateEventPrice
Jul 10, 2009
Home Sold
$580,000
Mar 22, 2002
Home Sold
$251,500

Tax history

YearAssessmentProperty 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.

All data from GreatSchools

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.

How much money do the neighbors make?

30%
<35k
47%
35k-100k
19%
100k-200k
4%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree

What types of families live nearby?

51%
Single, No Kids
23%
Single, with Kids
12%
Married, No Kids
14%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

17%
<11 yrs old
8%
12-17 yrs old
34%
18-34 yrs old
36%
35-64 yrs old
5%
65+ yrs old

What do the neighbors do for fun?

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

Where do the neighbors shop?

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

Where do the neighbors go to eat?

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

What do the neighbors drive?

  • HondaHonda
  • KiaKia
  • DodgeDodge

What do the neighbors listen to?

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

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.

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

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