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  • $987,700

    397 Communipaw Ave, Jersey City, NJ 07304

    8beds
    --sqft
    Multi Family
    Built in ----
    -- sqft lot
    $987,700 Zestimate®
    $--/sqft
    $2,689 Estimated rent

    Home value

    $987,700

    $899,000 - $1.09M

    $2,689/mo

    Zestimate® history
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    $6,640/mo

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    What's special

    Discover a remarkable investment opportunity or potential for owner use with this 3-family property located in the vibrant Jersey City, Bergen Lafayette section. Surrounded by new residential developments, this property promises the potential for an excellent ROI. Features include a duplex unit with 4 Bedrooms, 2 full bathrooms and exclusive access to a private backyard, along with two additional 2-bedroom, 1-bathroom units. All units boast updated kitchens and bathrooms, complemented by interior common hallways showcasing original pine wood floors, soaring ceilings, and a rustic design staircase that highlights the historical charm of this distinctive property. Conveniently situated near shopping centers, parks, and major highways, this property offers a quick commute to NYC via the Path Train or Holland Tunnel. Don’t miss this opportunity – schedule a visit today to explore the potential of this exceptional property.

    This property is not currently displayed as for sale or rent on Zillow. This may be different from what's on other websites or public sources.

    Zillow last checked:

    Listing updated:

    Source: StreetEasy,MLS#: S1735052

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 8
    • Bathrooms: 4
    • Full bathrooms: 4

    Property

    Details
    • Parcel number: 0620101000000040

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family

    Community & HOA

    Community
    • Subdivision: Bergen/Lafayette
    HOA
    • Services included: Maintenance
    Location
    • Region: Jersey City

    Financial & listing details

    • Tax assessed value: $552,200
    • Annual tax amount: $12,331
    • Date on market: 9/16/2024

    Price history

    DateEventPrice
    7/3/2025Price change$1,099,000-8%
    Source: HCMLS #250013529 Report a problem
    4/15/2025Price change$1,195,000-4.2%
    Source: HCMLS #240018294 Report a problem
    3/3/2025Price change$1,248,000-2.1%
    Source: HCMLS #240018294 Report a problem
    11/6/2024Price change$1,275,000-7.3%
    Source: HCMLS #240018294 Report a problem
    9/16/2024Listed for sale$1,375,000
    Source: HCMLS #240018294 Report a problem
    8/31/2024Listing removed--
    Source: Owner Report a problem
    8/28/2024Listed for sale$1,375,000+131.5%
    Source: Owner Report a problem
    4/10/2024Listing removed--
    Source: Zillow Rentals Report a problem
    3/14/2024Price change$1,999-4.8%
    Source: Zillow Rentals Report a problem
    3/12/2024Listed for rent$2,100+121.1%
    Source: Zillow Rentals Report a problem
    2/25/2021Listing removed--
    Source: Owner Report a problem
    1/9/2018Sold$594,000-5%
    Source: Public Record Report a problem
    8/20/2017Listing removed$625,000
    Source: Owner Report a problem
    5/22/2017Listed for sale$625,000+48.8%
    Source: Owner Report a problem
    10/30/2013Listing removed$950
    Source: Owner Report a problem
    8/22/2013Listed for rent$950
    Source: Owner Report a problem
    12/21/2012Listing removed$950
    Source: Owner Report a problem
    10/4/2012Price change$950-5%
    Source: Owner Report a problem
    7/20/2012Price change$1,000-9.1%
    Source: Owner Report a problem
    6/1/2012Listed for rent$1,100
    Source: Owner Report a problem
    8/24/2005Sold$420,000+401.3%
    Source: HCMLS #501952 Report a problem
    9/29/2000Sold$83,786-48.6%
    Source: Public Record Report a problem
    7/2/1996Sold$163,000+1212.5%
    Source: Public Record Report a problem
    2/9/1996Sold$12,419
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2024$12,331 -0.6%$552,200
    2023$12,408 +40.1%$552,200
    2022$8,857 $552,200
    2021$8,857 +4.2%$552,200
    2020$8,504 +3.5%$552,200
    2019$8,217 +17%$552,200
    2018$7,020 +1.3%$552,200 +513.6%
    2017$6,931 +2.9%$90,000
    2016$6,734 +0.6%$90,000
    2015$6,691 -0.4%$90,000
    2014$6,719 +3.9%$90,000
    2013$6,466 +2.5%$90,000
    2012$6,307 +1.5%$90,000
    2011$6,213 +15%$90,000
    2010$5,401 +8.1%$90,000
    2009$4,997 $90,000
    2008-- $90,000
    2007-- $90,000
    2006-- $90,000
    Find assessor info on the county website

    Neighborhood: Bergen-Lafayette

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $987,700
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    Estimated market value
    $987,700