Turnkey Investment property on prominent corner on the Eastside of Jersey City Heights. Located at the South East corner of New York Ave and Franklin Street. Close proximity to Palisade Avenue retail row, Farmers markets at Riverview Fisk Park, NYC bus transportation, Hoboken and Journal Square. Property is two separate three family homes being sold as a package, providing the benefit of six total units plus driveway parking in one location, while also staying outside of rent control requirement, and qualifying for residential loan limits. Units all feature recently upgraded separate utilities, renovated kitchens and bathrooms, hardwood floors, exposed brick, and replaced windows. All units are paying market rent and are on annual leases providing a 5.7% CAP Rate. Rarely does this location, this feature, and this cap rate come available. Please review the enclosed financial and come view it right away.
Sold for $976,000
$976,000
158 New York Ave, Jersey City, NJ 07307
2beds
--sqft
MultiFamily
Built in ----
-- sqft lot
$1,087,300 Zestimate®
$--/sqft
$3,402 Estimated rent
Home value
$1,087,300
$1.01M - $1.17M
$3,402/mo
Zestimate® history
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$6,658/mo
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Zillow last checked:
Listing updated:
Listed by:
ADAM BICKOFF 201-232-5807,
COMPASS NEW JERSEY, LLC 201-627-4947
Bought with:
, 2185778
CITYLIVING REAL ESTATE LLC
Source: HCMLS,MLS#: 230016668
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 3
- Full bathrooms: 3
Heating
- Baseboard, Natural Gas
Cooling
- Window Unit(s)
Features
- Basement: Unfinished
Property
Parking
- Parking features: 1 Car, Covered, Garage
- Has garage: Yes
Details
- Parcel number: 0604504000000016
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Row House,Multi Level
Materials
- Brick
Community & HOA
Location
- Region: Jersey City
Financial & listing details
- Tax assessed value: $658,300
- Annual tax amount: $13,942
- Date on market: 4/28/2025
- Inclusions: All appliances.
- Exclusions: All personal property excluded.
Price history
| Date | Event | Price |
|---|---|---|
| 12/19/2023 | Sold | $976,000+2.7% |
Source: HCMLS #230016668 Report a problem | ||
| 10/4/2023 | Listed for sale | $950,000+26.8% |
Source: HCMLS #230016668 Report a problem | ||
| 7/12/2023 | Listing removed | -- |
Source: Zillow Rentals Report a problem | ||
| 6/20/2023 | Listed for rent | $1,950+5.4% |
Source: Zillow Rentals Report a problem | ||
| 6/12/2022 | Listing removed | -- |
Source: Zillow Rental Manager Report a problem | ||
| 5/1/2022 | Listed for rent | $1,850+39.3% |
Source: Zillow Rental Manager Report a problem | ||
| 3/12/2021 | Listing removed | -- |
Source: Zillow Rental Manager Report a problem | ||
| 3/5/2021 | Listed for rent | $1,328 |
Source: Zillow Rental Manager Report a problem | ||
| 10/20/2017 | Sold | $749,000+1.2% |
Source: HCMLS #170014478 Report a problem | ||
| 8/22/2017 | Price change | $740,000-7.4% |
Source: Coldwell Banker Residential Brokerage #CBRB11115 Report a problem | ||
| 8/4/2017 | Listed for sale | $799,000+94.9% |
Source: Coldwell Banker Residential Brokerage - Hoboken Office #CBRB11115 Report a problem | ||
| 2/7/2014 | Sold | $410,000-6.6% |
Source: HCMLS #130009966 Report a problem | ||
| 8/9/2013 | Listed for sale | $439,000+19% |
Source: RE/MAX Gold Coast Realty, DBA #130009966 Report a problem | ||
| 8/10/2005 | Sold | $369,000+28.6% |
Source: Public Record Report a problem | ||
| 6/10/2004 | Sold | $287,000+41.4% |
Source: Public Record Report a problem | ||
| 5/2/2002 | Sold | $203,000+79.6% |
Source: Public Record Report a problem | ||
| 12/17/2001 | Sold | $113,000 |
Source: Public Record Report a problem | ||
| 1/2/2001 | Sold | $113,000+7.6% |
Source: Public Record Report a problem | ||
| 11/17/1999 | Sold | $105,000 |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $14,700 | $658,300 |
| 2024 | $14,700 -0.6% | $658,300 |
| 2023 | $14,792 +40.1% | $658,300 |
| 2022 | $10,559 | $658,300 |
| 2021 | $10,559 +4.2% | $658,300 |
| 2020 | $10,138 +3.5% | $658,300 |
| 2019 | $9,796 +0.5% | $658,300 |
| 2018 | $9,750 +1.3% | $658,300 +426.6% |
| 2017 | $9,626 +2.9% | $125,000 |
| 2016 | $9,353 +0.6% | $125,000 |
| 2015 | $9,293 -0.4% | $125,000 |
| 2014 | $9,333 +3.9% | $125,000 |
| 2013 | $8,980 +2.5% | $125,000 |
| 2012 | $8,760 +1.5% | $125,000 |
| 2011 | $8,629 +15% | $125,000 |
| 2010 | $7,501 | $125,000 |
| 2007 | -- | $125,000 |
| 2006 | -- | $125,000 |
| 2005 | -- | $125,000 |
| 2004 | -- | $125,000 |
| 2003 | -- | $125,000 |
| 2002 | -- | $125,000 |
| 2001 | -- | $125,000 |
Find assessor info on the county website
Neighborhood: The Heights
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Nearby schools
GreatSchools rating
- 5/10Charles E. Trefurt SchoolGrades: PK-5Distance: 0.1 mi
- 5/10Franklin L Williams Middle School No7Grades: 6-8Distance: 0.7 mi
- 1/10William L. Dickinson High SchoolGrades: 9-12Distance: 0.8 mi
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Estimated market value
$1,087,300
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Estimated market value
$1,087,300
- New Jersey
- Hudson County
- Jersey City
- 07307
- The Heights
- 158 New York Ave
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