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$2,900,000

549 Pavonia Ave Jersey City, NJ 07306

11 beds
4 full, 1 partial
Multi-Family

Property details

About 549 Pavonia Ave

(2) Two-Family Investment with Approved Development Plans | Prime Journal Square Location. Rare opportunity to acquire a fully occupied two-family properties sitting on two adjacent lots (totaling 6,683 SQF) in the heart of Journal Square — just 500 feet from the PATH station. Currently configured as four residential units across two buildings with a combined 11 bedrooms, 4 full bathrooms, and 1 half bath, the property includes 4 private parking spaces and rear yards for both structures. All tenants are currently on month-to-month leases, generating a gross annual income of approximately $127,000 with significant upside potential. Taxes and Sq Footage, etc. per NJ Tax Records and should be independently verified.

Highlights

Home typeDuplex
HeatingBaseboard, Forced Air, Natural Gas
StatusActive
(ACTIVE)
CoolingCentral Air, Window Unit(s)
BasementYes
MLS #250010137
Garage3 spaces

Summary

  • Partial Bathrooms: 1
  • Full Bathrooms: 4
  • Basement: Yes
  • Total Bedroom Count: 11
  • Garage Space: 3 spaces
  • Architectural Style: Victorian
  • Heating: Baseboard, Forced Air, Natural Gas
  • Cooling: Central Air, Window Unit(s)
  • List Price: $2,900,000
  • Annual Tax Amount: $11,008
  • Tax Year: 2024
  • MLS Number: 250010137
  • MLS Name: HudsonCountyNJ
  • Office Name: HUDSON DIGS REALTY LLC
  • Office Phone: (201) 737-9999

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: 7/24/2025, 11:45:34 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Price information

Property sales

DateEventPrice
Mar 23, 2015
Home Sold
$256,000
Jun 12, 2003
Home Sold
$175,000

Tax history

YearAssessmentProperty Tax
2024$489,900$11,008
2022$489,900$8,939
2021$557,300$8,972
2020$684,300$10,538
2019$684,300$10,182

History based on county public records data.

Nearby schools

7

Jotham W. Wakeman School

Public District PK-5

0.4 mi

100 Saint Pauls Ave

3

Patricia M. Noonan Elementary School

Public District PK-5

0.5 mi

164 Laidlaw Ave

5

Charles E. Trefurt Elementary School

Public District PK-5

0.9 mi

96 Franklin St

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 $42,500. The majority of Jersey City, NJ residents have income less than $<35k annually. Most families are single, no kids. Most residents in this area have post secondary degree education.

How much money do the neighbors make?

43%
<35k
40%
35k-100k
13%
100k-200k
4%
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?

67%
Single, No Kids
5%
Single, with Kids
15%
Married, No Kids
13%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

7%
<11 yrs old
3%
12-17 yrs old
33%
18-34 yrs old
36%
35-64 yrs old
21%
65+ yrs old

What do the neighbors do for fun?

  • Art MuseumsArt Museums
  • Major League Soccer (MLS)Major League Soccer (MLS)
  • Music ConcertsMusic Concerts

Where do the neighbors shop?

  • BloomingdalesBloomingdales
  • Banana RepublicBanana Republic
  • H&MH&M

Where do the neighbors go to eat?

  • StarbucksStarbucks
  • Jack In The BoxJack In The Box
  • ChipotleChipotle

What do the neighbors drive?

  • AudiAudi
  • ToyotaToyota
  • VolkswagenVolkswagen

What do the neighbors listen to?

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

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Frequently asked questions

About 549 Pavonia Ave

The listing price of 549 Pavonia Ave property is $2,900,000.

The property 549 Pavonia Ave is a multi located in Jersey City, New Jersey, 07306.

Active Listing: 549 Pavonia Ave is For Sale (Active/New) which means the seller is accepting offers.

The nearby schools for 549 Pavonia Ave are: Jotham W. Wakeman School (GreatSchools Rating 7/10), Patricia M. Noonan Elementary School (GreatSchools Rating 3/10), Charles E. Trefurt Elementary School (GreatSchools Rating 5/10), Martin Luther King Jr. School (GreatSchools Rating 4/10), Jersey City Golden Door Charter School (GreatSchools Rating 6/10), Mahatma K. Gandhi School (GreatSchools Rating 2/10), William L. Dickinson High School (GreatSchools Rating 2/10), Dr Ronald Mcnair High School (GreatSchools Rating 10/10), County Preparatory High School (GreatSchools Rating 9/10).

According to the records, the last property tax for 2024 is $11,008 (source: MLS/based on county public records data).

The last sale was on March 23, 2015 for $256,000 (source: MLS/tax record).

This home is located at 549 Pavonia Ave in Jersey City, NJ and zip code 07306 in the Journal Square neighborhood. Features: 11 bedrooms, 5 bathrooms. It has been listed on Rocket Homes since May 20, 2025 and is currently priced at $2,900,000.

Jersey City, NJ housing market in June 2025 saw over 32 listings sold above listed price, more than 19 sold at listed price and over 50 sold below. The number of listings in Jersey City, NJ increased by 11.9% between May and June 2025. In June 2025, listings were on the market for 34 days. During the same period, the median list price in this real estate market was $715,000.

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

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