Turnkey Investment property!! Look no further for Your Next Great Investment Opportunity! 4 Unit Multi-family home in historic Downtown Jersey City boasts endless possibilities. Live in 1 Unit while renting out the others, or rent out all 4 for Maximum Gain! All Units offer Hardwood and Ceramic Tile flooring throughout and are well maintained. Unit 1 holds a spacious Living/Dining Combo, Kitchen with ceramic tile backsplash, 1 sizable Bedroom, & 1 Updated Full Bath. Units 2-4 hold a Large light & bright Living Room, Eat-in Kitchen with ceramic tile backsplash, 2 generous Bedrooms, and 1 Updated Full Bath. All separate Utilities. Fenced in yard for your privacy. Live in the heart of Downtown Jersey City. This conveniently situated property is a few short blocks to Grove PATH, buses, and Light Rail. Enjoy the many eateries and shops nearby. Take in the fantastic views of the waterfront. Don't wait, come and see for yourself! This one won't last!! **Showings to Begin Sunday, 7/9/23**
Sold for $1,600,000
$1,600,000
462 Monmouth St, Jersey City, NJ 07302
7beds
4baths
3,600sqft
Multi Family
Built in 1890
-- sqft lot
$2,051,300 Zestimate®
$444/sqft
$3,505 Estimated rent
Home value
$2,051,300
$1.81M - $2.34M
$3,505/mo
Zestimate® history
Owner options
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$3,505/mo
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$3,505/mo
Rent Zestimate®
Refinance and save
$10,859/mo
Est. payment
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$10,859/mo
Est. payment
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List your homeWhat's special
Ceramic tile flooring throughoutEat-in kitchen
Zillow last checked:
Listing updated:
Listed by:
ROBERT DEKANSKI,
RE/MAX 1st ADVANTAGE 732-827-5344,
STEPHEN SANTURRO,
RE/MAX 1st ADVANTAGE
Source: All Jersey MLS,MLS#: 2400121R
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 7
- Bathrooms: 4
Heating
- Baseboard Hotwater
Cooling
- None
Appliances
- Included: Water Heater(Gas), Water Heater, Unit 1(Range/Oven, Refrigerator), Unit 2(Range/Oven, Refrigerator), Unit 3(Range/Oven, Refrigerator), Unit 4(Range/Oven, Refrigerator)
Features
- Unit 1(1 Bedroom, Dining Room, Kitchen, 1 Bath, Living Room), Unit 2(2 Bedrooms, Kitchen, 1 Bath, Living Room), Unit 3(2 Bedrooms, Kitchen, 1 Bath, Living Room), Unit 4(2 Bedrooms, Kitchen, Laundry Hookup, 1 Bath, Living Room)
Interior area
- Total structure area: 3,600
- Total interior livable area: 3,600 sqft
Property
Parking
- Parking features: On Street
Features
- Stories: 4
- Exterior features: Curbs, Sidewalk, Fencing/Wall, Yard
- Fencing: Fencing/Wall
Lot
- Size: 1,668 Square Feet
- Dimensions: 833.00 x 0.00
- Features: Level
Details
- Parcel number: 0611201000000043
- Zoning: R-2
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Roof: Flat
Condition
- Year built: 1890
Utilities & green energy
- Gas: Natural Gas
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Electricity Connected, Natural Gas Connected
Community & HOA
Community
- Features: Curbs, Sidewalks
Location
- Region: Jersey City
Financial & listing details
- Price per square foot: $444/sqft
- Tax assessed value: $1,024,500
- Annual tax amount: $21,911
- Date on market: 7/9/2023
- Ownership: Fee Simple
- Lease term: Unit 1(Month-Month),Unit 2(Month-Month),Unit 4(Month-Month)
- Electric utility on property: Yes
Price history
| Date | Event | Price |
|---|---|---|
| 10/18/2023 | Sold | $1,600,000+6.7%$444/sqft |
Source:  All Jersey MLS #2400121R Report a problem | ||
| 9/27/2023 | Contingent | $1,499,999$417/sqft |
Source: All Jersey MLS #2400121R Report a problem | ||
| 8/16/2023 | Pending sale | $1,499,999$417/sqft |
Source: All Jersey MLS #2400121R Report a problem | ||
| 7/26/2023 | Contingent | $1,499,999$417/sqft |
Source: All Jersey MLS #2400121R Report a problem | ||
| 7/9/2023 | Listed for sale | $1,499,999$417/sqft |
Source: All Jersey MLS #2400121R Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $22,877 | $1,024,500 |
| 2024 | $22,877 -25.5% | $1,024,500 -25% |
| 2023 | $30,694 +40.1% | $1,366,000 |
| 2022 | $21,911 | $1,366,000 |
| 2021 | $21,911 +4.2% | $1,366,000 |
| 2020 | $21,036 +3.5% | $1,366,000 |
| 2019 | $20,326 +189.5% | $1,366,000 |
| 2018 | $7,020 +1.3% | $1,366,000 +1417.8% |
| 2017 | $6,931 +2.9% | $90,000 |
| 2016 | $6,734 +0.6% | $90,000 |
| 2015 | $6,691 -0.4% | $90,000 |
| 2014 | $6,719 +6.5% | $90,000 |
| 2012 | $6,307 | $90,000 |
Find assessor info on the county website
Neighborhood: Downtown
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Nearby schools
GreatSchools rating
- 7/10Dr. Michael Conti SchoolGrades: PK-8Distance: 0.2 mi
- 2/10James J. Ferris High SchoolGrades: 9-12Distance: 0.4 mi
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Estimated market value
$2,051,300
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$2,051,300
- New Jersey
- Hudson County
- Jersey City
- 07302
- Downtown
- 462 Monmouth St
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