An exceptional value-add and development opportunity in Jersey City's R-3 zoned West Bergen–East Lincoln Park Historic District. This 6,500 SF lot (Block 16501, Lot 9) features a 2.5-story frame dwelling in need of full rehabilitation, with substantial remaining buildable area under current zoning. The existing building presents a multi-unit conversion opportunity upon rehab, and the oversized lot offers potential for lot subdivision to accommodate additional new construction — subject to municipal approval. Architectural concept drawings completed. Preliminary architectural drawings and as-of-right zoning analysis available
upon request. Situated steps from Saint Peter's University and minutes to the Journal Square PATH. A rare canvas for the right developer or owner-occupant with vision. Call for full details.
For sale
$2,100,000
325-327 Fairmount Ave, Jersey City, NJ 07306
4beds
--sqft
Multi Family
Built in ----
-- sqft lot
$2,067,100 Zestimate®
$--/sqft
$-- HOA
What's special
Oversized lot
- 17 days |
- 286 |
- 9 |
Zillow last checked:
Listing updated:
Listed by:
RAFAEL SANTIAGO 201-522-2363,
OLYMP US REALTY GROUP LLC 646-971-0328
Source: HCMLS,MLS#: 260015884
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 4
- Full bathrooms: 4
Cooling
- Wall Unit(s)
Features
- Basement: Finished
Property
Parking
- Parking features: Garage
- Has garage: Yes
Details
- Parcel number: 0616501000000009
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Colonial
- Property subtype: Multi Family
Materials
- Brick
Community & HOA
Location
- Region: Jersey City
Financial & listing details
- Tax assessed value: $541,100
- Annual tax amount: $12,083
- Date on market: 8/10/2026
- Inclusions: TBA during attorney review
- Exclusions: Seller's personal property
Estimated market value
Zestimate®
$2,067,100
Estimated sales range
$1.96M - $2.17M
Rent Zestimate®
$3,000/mo
Price history
| Date | Event | Price |
|---|---|---|
| 8/10/2026 | Listed for sale | $2,100,000 |
Source: HCMLS #260015884 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $12,083 | $541,100 |
| 2024 | $12,083 +1.5% | $541,100 |
| 2023 | $11,909 +41.3% | $541,100 |
| 2022 | $8,429 | $541,100 |
| 2021 | $8,429 +4.3% | $541,100 |
| 2020 | $8,083 +3.6% | $541,100 |
| 2019 | $7,802 -29.3% | $541,100 |
| 2018 | $11,029 +1.3% | $541,100 +274.2% |
| 2017 | $10,886 +3% | $144,600 |
| 2016 | $10,569 +0.7% | $144,600 |
| 2015 | $10,500 -0.4% | $144,600 |
| 2014 | $10,546 +4% | $144,600 |
| 2013 | $10,138 +2.6% | $144,600 |
| 2012 | $9,884 +1.6% | $144,600 |
| 2011 | $9,732 | $144,600 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
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Neighborhood: McGinley Square
Nearby schools
GreatSchools rating
- 5/10Joseph H. Brensinger No. 17 Elementary SchoolGrades: PK-8Distance: 0.3 mi
- 1/10Lincoln High SchoolGrades: 9-12Distance: 0.5 mi
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