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Pending
  • $970,000

    232 Terrace Ave, Jersey City, NJ 07307

    5beds
    1,670sqft
    : 
    $6,717/mo
    Get pre-qualified
    MultiFamily
    Built in 1920
    -- sqft lot
    $-- Zestimate®
    $581/sqft
    $-- HOA

    What's special

    Finished basementAdditional living spaceHuge backyardPractical layout
    Well-Maintained 2-Family Home in Prime Jersey City, NJ Location! Welcome to this solid 2-family home located in the desirable Jersey City NJ area —an excellent opportunity for both investors and end-users alike. First floor unit offer 2 bedrooms, a full bathroom, comfortable living, and a practical layout that's perfect for everyday living, laundry and huge Backyard. The second-floor unit offer 3 bedrooms, a full bathroom and his own washer and dryer, living room-kitchen open layout. The finished basement provides additional living space, a third full bathroom, 2 bedrooms and plenty of versatility—ideal for recreation, a home office, or extended family use. The property is Well cared for by the owner and in satisfactory condition, this home is ready for its next chapter. Enjoy unbeatable accessibility with close proximity to public transportation, major highways, shopping malls, schools, and local amenities—making daily commuting and errands a breeze. Don’t miss this fantastic opportunity to own a versatile and income-producing property in a high-demand Jersey City neighborhood!
    56 days
    |
    243
    |
    8
    |
    Listed by:

    Property Owner (347) 220-4337

    This property is for sale by owner and Zillow, Inc. is displaying it at the owner's request. It is not subject to a listing agreement with Zillow, Inc. or its affiliates.

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 5
      • Bathrooms: 3
      • Full bathrooms: 3
      Heating
      • Baseboard
      Cooling
      • Wall
      Features
      • Has fireplace: No
      Interior area
      • Total interior livable area: 1,670 sqft

      Property

      Features
      • Exterior features: Wood
      Lot
      • Size: 2,487 Square Feet
      Details
      • Parcel number: 0601202000000011

      Construction

      Type & style
      • Home type: MultiFamily
      Condition
      • New construction: No
      • Year built: 1920

      Community & HOA

      Location
      • Region: Jersey City

      Financial & listing details

      • Price per square foot: $581/sqft
      • Tax assessed value: $424,900
      • Annual tax amount: $9,488
      • Date on market: 5/29/2026

        Estimated market value

        Not available

        Estimated sales range

        Not available

        $3,113/mo

        Price history

        DateEventPrice
        7/7/2026Pending sale$970,000$581/sqft
        Source: Owner Report a problem
        5/29/2026Listed for sale$970,000+84.8%$581/sqft
        Source: Owner Report a problem
        11/8/2021Sold$525,000$314/sqft
        Source: Public Record Report a problem
        4/12/2021Listing removed--
        Source: REX Real Estate Report a problem
        8/7/2020Listed for sale$525,000-4.5%$314/sqft
        Source: Rex Real Estate Exchange Report a problem
        5/22/2019Listing removed$550,000$329/sqft
        Source: REX Report a problem
        10/4/2018Listed for sale$550,000+349%$329/sqft
        Source: Rex Real Estate Exchange Report a problem
        9/2/1993Sold$122,500$73/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$9,488 $424,900
        2024$9,488 -0.6%$424,900
        2023$9,548 +40.1%$424,900
        2022$6,815 $424,900
        2021$6,815 +4.2%$424,900
        2020$6,543 +3.5%$424,900
        2019$6,323 -18.9%$424,900
        2018$7,800 +1.3%$424,900 +324.9%
        2017$7,701 +2.9%$100,000
        2016$7,482 +0.6%$100,000
        2015$7,434 -0.4%$100,000
        2014$7,466 -12.1%$100,000 -17.5%
        2012$8,494 $121,200
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: The Heights

        Getting around

        92 / 100
        Walker's Paradise
        65 / 100
        Good Transit
        75 / 100
        Very Bikeable

        Nearby schools

        GreatSchools rating

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