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For sale
  • Price increase: $124K (7/27)
    $1,999,000

    348.5 5th St, Jersey City, NJ 07302

    4beds
    --sqft
    : 
    $13,960/mo
    Get pre-qualified
    Multi Family
    Built in ----
    -- sqft lot
    $1,972,500 Zestimate®
    $--/sqft
    $-- HOA

    What's special

    Experience the perfect blend of luxury, space, and investment potential in this stunning four-story, two-family residence, ideally located in the heart of Downtown Jersey City. This exceptional property features two expansive duplex residences, each offering approximately 1,400+ square feet of thoughtfully designed living space across two full floors. Both units showcase beautiful hardwood flooring throughout, spacious layouts, generous closet space, and the convenience of an in-unit washer and dryer. Every bedroom is complemented by its own private en-suite full bathroom, creating an ideal balance of comfort and privacy. A rare bonus for Downtown Jersey City, the home offers convenient parking directly in front of the property, adding to its everyday appeal. Both units are currently tenant-occupied with leases in place through April-May 2027, providing immediate, stable rental income for investors seeking a turnkey asset. Located just moments from the PATH train, acclaimed restaurants, boutique shopping, parks, and the vibrant energy of Downtown Jersey City, this is a rare opportunity to own a beautifully designed, income-producing property in one of the area's most sought-after neighborhoods. Unit1: approx. 1,400 sqft / one parking space, backyard Duplex: 1st floor: Kitchen, half bath, large dining & living, 2nd floor: 2 bedrooms and 2 full bedrooms. Unit2: approx.1,500 sqft / one parking space Duplex: 3rd floor: Kitchen, half bath, large dining & living, 4th floor: 2 bedrooms and 2 full bedrooms+ den
    3 days
    |
    526
    |
    16
    |

    Likely to sell faster than

    Zillow last checked:

    Listing updated:

    Listed by:

    JUNKO NACHAMIE,

    OTSUBO REALTY 201-347-9888

    Source: HCMLS,MLS#: 260014783

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 4
      • Bathrooms: 6
      • Full bathrooms: 4
      • 1/2 bathrooms: 2
      Cooling
      • Wall Unit(s)
      Features
      • Basement: None

      Property

      Parking
      • Parking features: 2 Cars

      Construction

      Type & style
      • Home type: MultiFamily
      • Architectural style: Multi Level
      • Property subtype: Multi Family
      Materials
      • Brick, Shingle Siding

      Community & HOA

      Location
      • Region: Jersey City

      Financial & listing details

      • Annual tax amount: $38,500
      • Date on market: 7/27/2026

        Estimated market value

        $1,972,500

        $1.87M - $2.07M

        $3,206/mo

        Price history

        DateEventPrice
        7/27/2026Price change$1,999,000+6.6%
        Source: HCMLS #260014783 Report a problem
        4/2/2025Price change$1,875,000-3.8%
        Source: HCMLS #240014040 Report a problem
        2/19/2025Price change$1,950,000-11.4%
        Source: HCMLS #240014040 Report a problem
        9/10/2024Price change$2,200,000-6.4%
        Source: HCMLS #240014040 Report a problem
        7/19/2024Listed for sale$2,350,000
        Source: HCMLS #240014040 Report a problem
        1/20/2024Listing removed--
        Source: NJMLS #23037037 Report a problem
        12/7/2023Listed for sale$2,350,000+23.7%
        Source: HCMLS #230020334 Report a problem
        12/20/2017Sold$1,900,000-5%
        Source: HCMLS #170017700 Report a problem
        11/2/2017Listed for sale$1,999,000
        Source: PURE PROPERTIES #170017700 Report a problem

        Public tax history

        Tax history is unavailable.

        Monthly payment

        Est. payment

        Payment breakdown

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        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.
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        Climate risks

        Neighborhood: Downtown

        Getting around

        98 / 100
        Walker's Paradise
        80 / 100
        Excellent Transit
        79 / 100
        Very Bikeable

        Nearby schools

        GreatSchools rating

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