#250012213, Listing office: COLDWELL BANKER REALTY
Property details
About 42 Spruce St
Unrivaled Development Opportunity in Jersey City HeightsLocation. Location. Location. Welcome to a rare opportunity to acquire two adjacent lots at 40 and 42 Spruce Street, ideally situated in the highly sought-after Heights section of Jersey City. This offering presents an exceptional chance for developers and investors to capitalize on the robust growth and demand for housing in this vibrant urban landscape. Located in the desirable ?Sparrow Hill? section of Jersey City Heights, when combined with the adjacent lot, 40 Spruce Street, (MLS # 3976457), investors have potential for up to twelve (12) dwelling units.
Highlights
Home typeMulti Family
HeatingMulti Unit(s), Other, Natural Gas
StatusActive
BasementYes
Lot size0.06 Acres
Year built1905
Parking1 Car Width, Detached Garage
MLS #3976401
Summary
- Full Bathrooms: 2
- Appliances: Other
- Basement: Yes
- Total Bedroom Count: 4
- Attached Garage: No
- Parking: 1 Car Width, Detached Garage
- Architectural Style: 2-Two Story, Fixer Upper
- Heating: Multi Unit(s), Other, Natural Gas
- Cooling: None
- List Price: $1,100,000
- Annual Tax Amount: $8,596
- Tax Year: 2024
- Directions: JFK Blvd to Spruce
- Year Built: 1905
- Lot Size: 0.06 Acres
- MLS Number: 3976401
- Office Name: KELLER WILLIAMS REALTY
- Office Phone: (917) 716-5111
Information deemed reliable but not guaranteed. Copyright © 2025 Garden State Multiple Listing Service, L.L.C. All rights reserved.
Disclaimer: The data relating to real estate for sale on this website comes in part from the IDX Program of Garden State Multiple Listing Service, L.L.C. Real estate listings held by other brokerage firms are marked as an IDX Listing. Information deemed reliable but not guaranteed.
Notice: The dissemination of listings displayed herein does not constitute the consent required by N.J.A.C. 11:5.6.1 (n) for the advertisement of listings exclusively for sale by another broker. Any such consent must be obtained in writing from the listing broker.
The information on this web site 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. We are not responsible or liable for misinformation, misprints, or typographical errors. All information provided is deemed reliable but is not guaranteed and should be independently verified through personal inspection by and/or with the appropriate professionals. Properties subject to prior sale, change, withdrawal or rental.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 7/21/2025, 11:10:25 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Price information
Property sales
We're sorry, we currently don't have property sales data for this listing.
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2024 | $393,700 | $8,596 |
| 2022 | $393,700 | $5,763 |
| 2021 | $393,700 | $5,763 |
| 2020 | $393,700 | $6,062 |
| 2019 | $393,700 | $5,858 |
History based on county public records data.
Nearby schools
3
Patricia M. Noonan Elementary School
Public District PK-5
0.3 mi
•164 Laidlaw Ave
6
Nicolaus Copernicus School
Public District PK-5
0.5 mi
•3385 John F Kennedy Blvd
7
Jotham W. Wakeman School
Public District PK-5
0.5 mi
•100 Saint Pauls 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 $35,887. Residents of Jersey City, NJ typically earn less than $<35k each year. Most families are single, no kids. Most residents in this area have post secondary degree education.
How much money do the neighbors make?
49%
<35k
44%
35k-100k
7%
100k-200k
0%
200k+
What level of education do the neighbors have?
No High School
High School Diploma
Post Secondary Degree
Masters Degree
What types of families live nearby?
42%
Single, No Kids
9%
Single, with Kids
27%
Married, No Kids
22%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
11%
<11 yrs old
6%
12-17 yrs old
38%
18-34 yrs old
36%
35-64 yrs old
9%
65+ yrs old
What do the neighbors do for fun?
Tennis
Art Museums
Music Concerts
Where do the neighbors shop?
Crate & Barrel
Bloomingdales
H&M
Where do the neighbors go to eat?
Starbucks
Chipotle
Jack In The Box
What do the neighbors drive?
BMW
Audi
Volkswagen
What do the neighbors listen to?
News
Rhythmic Contemporary Hits
Jazz
All data provided by Home Junction and Claritas
Similar homes for sale
#250008357, Listing office: ENGEL & VOLKERS HOBOKEN
#250011851, Listing office: SERHANT NEW JERSEY LLC
#250010062, Listing office: SERHANT NEW JERSEY LLC
#250012377, Listing office: LIBERTY REALTY LLC
1 day on Rocket
#250014793, Listing office: REAL
#250008826, Listing office: NEW AND MODERN GROUP LLC
#3935669, Listing office: REALTY ONE GROUP PARAMOUNT
#240017630, Listing office: REALTY ONE GROUP PARAMOUNT
#24028852, Michael Vera-Silva, Listing office: Realty One Group Paramount
Frequently asked questions
About 42 Spruce St
The listing price of 42 Spruce St property is $1,100,000.
The property 42 Spruce St is a multi located in Jersey City, New Jersey, 07306.
Active Listing: 42 Spruce St is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 42 Spruce St are: Patricia M. Noonan Elementary School (GreatSchools Rating 3/10), Nicolaus Copernicus School (GreatSchools Rating 6/10), Jotham W. Wakeman School (GreatSchools Rating 7/10), Franklin L. Williams School (GreatSchools Rating 3/10), Jersey City Golden Door Charter School (GreatSchools Rating 6/10), Mahatma K. Gandhi School (GreatSchools Rating 2/10), Liberty High School (GreatSchools Rating 7/10), William L. Dickinson High School (GreatSchools Rating 2/10), Dr Ronald Mcnair High School (GreatSchools Rating 10/10).
According to the records, the last property tax for 2024 is $8,596 (source: MLS/based on county public records data).
The year of construction for 42 Spruce St is 1905.
This home is located at 42 Spruce St in Jersey City, NJ and zip code 07306 in the The Heights neighborhood. Features: 4 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since July 20, 2025 and is currently priced at $1,100,000.
While more than 32 listings in Jersey City, NJ in June 2025 were sold above asking price, there were more than 19 listings sold at asking price, and more than 50 were sold below. The inventory of homes for sale in Jersey City, NJ between May and June 2025 increased by 11.9%. In June 2025 median list price was $715,000 and the average listing age was 34 days.
From Rocket Homes Real Estate and based on county public records data.