Welcome to this wonderful income generating 2-family home in the flourishing Jersey City Heights. This spacious property features 5 beds, 2.5 baths, and recent updates to both units, including renovated baths & kitchens. With large rooms, a lovely backyard space and a charming front porch, it offers an inviting living experience. Hardwood floors top unit & new vinyl plank bottom unit. Priced attractively for investors or owner occupants, it generates approx. $5,000 per month in rental income for good cash flow or to offset the mortgage costs. Commuters will love the convenient access to Routes 1&9, NYC buses, Light Rail, Hoboken train station & PATH which are all only minutes away! Enjoy the vibrant Heights downtown area on Central Ave or the allure of Washington Ave in Hoboken w/ its abundance of shops, bars & restaurants. Don't miss out on this great investment opportunity! All of the interior photos are virtually staged since there are tenants currently living in both units.
Sold for $775,000
Street View
$775,000
506 Liberty Ave, Jersey City, NJ 07307
5beds
--sqft
Multi Family
Built in ----
-- sqft lot
$898,800 Zestimate®
$--/sqft
$3,047 Estimated rent
Home value
$898,800
$845,000 - $962,000
$3,047/mo
Zestimate® history
Owner options
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$5,282/mo
Est. payment
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$5,282/mo
Est. payment
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Zillow last checked:
Listing updated:
Listed by:
MICHAEL KOWALSKI 201-952-3577,
REDFIN CORPORATION 201-646-5774
Bought with:
, 0568727
COLDWELL BANKER REALTY
Source: HCMLS,MLS#: 230009028
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 3
- Full bathrooms: 3
Heating
- Baseboard, Natural Gas, Hot Water
Cooling
- Window Unit(s), Gas
Features
- Basement: None
Property
Parking
- Parking features: See Remarks
Details
- Parcel number: 17203
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Other
- Property subtype: Multi Family
Materials
- Aluminum Siding, Brick
Community & HOA
Location
- Region: Jersey City
Financial & listing details
- Tax assessed value: $367,400
- Annual tax amount: $7,782
- Date on market: 9/7/2023
- Inclusions: All appliances in both units, washer/dryer on 1st floor
- Exclusions: Personal items, furniture, tenant items
Price history
| Date | Event | Price |
|---|---|---|
| 9/6/2023 | Sold | $775,000-1.8% |
Source: HCMLS #230009028 Report a problem | ||
| 7/17/2023 | Pending sale | $789,500 |
Source:  NJMLS #23016588 Report a problem | ||
| 6/16/2023 | Price change | $789,500+3.1% |
Source: NJMLS #23016588 Report a problem | ||
| 6/1/2023 | Listed for sale | $765,500-4.3% |
Source: NJMLS #23016588 Report a problem | ||
| 6/30/2022 | Listing removed | -- |
Source: Owner Report a problem | ||
| 6/28/2022 | Listed for sale | $800,000+24% |
Source: Owner Report a problem | ||
| 9/20/2021 | Listing removed | -- |
Source: Zillow Rental Manager Report a problem | ||
| 9/14/2021 | Listed for rent | $2,095+16.4% |
Source: Zillow Rental Manager Report a problem | ||
| 7/13/2021 | Sold | $645,000-0.8% |
Source:  GSMLS #3693241 Report a problem | ||
| 7/2/2021 | Listing removed | -- |
Source: Zillow Rental Manager Report a problem | ||
| 6/24/2021 | Listed for rent | $1,800 |
Source: Zillow Rental Manager Report a problem | ||
| 3/11/2021 | Price change | $650,000-3.6% |
Source: GSMLS #3693241 Report a problem | ||
| 2/20/2021 | Listed for sale | $674,000-0.1% |
Source: GSMLS #3693241 Report a problem | ||
| 2/19/2021 | Listing removed | -- |
Source: GSMLS #3673463 Report a problem | ||
| 1/10/2021 | Price change | $675,000-3.6% |
Source: GSMLS #3673463 Report a problem | ||
| 10/21/2020 | Listed for sale | $699,888+185.7% |
Source: COLDWELL BANKER REALTY #3673463 Report a problem | ||
| 10/22/2002 | Sold | $245,000+6.5% |
Source: Public Record Report a problem | ||
| 5/9/2001 | Sold | $230,000+60.8% |
Source: Public Record Report a problem | ||
| 2/13/1998 | Sold | $143,000 |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $8,204 | $367,400 |
| 2024 | $8,204 -0.6% | $367,400 |
| 2023 | $8,255 +40.1% | $367,400 |
| 2022 | $5,893 | $367,400 |
| 2021 | $5,893 +4.2% | $367,400 |
| 2020 | $5,658 +3.5% | $367,400 |
| 2019 | $5,467 -43.9% | $367,400 |
| 2018 | $9,750 +1.3% | $367,400 +193.9% |
| 2017 | $9,626 +2.9% | $125,000 |
| 2016 | $9,353 +0.6% | $125,000 |
| 2015 | $9,293 -0.4% | $125,000 |
| 2014 | $9,333 +3.9% | $125,000 |
| 2013 | $8,980 -10.4% | $125,000 -12.6% |
| 2012 | $10,021 +1.5% | $143,000 |
| 2011 | $9,871 +15% | $143,000 |
| 2010 | $8,581 +8.1% | $143,000 |
| 2009 | $7,939 | $143,000 |
| 2008 | -- | $143,000 |
| 2007 | -- | $143,000 |
| 2006 | -- | $143,000 |
| 2005 | -- | $143,000 |
| 2004 | -- | $143,000 |
| 2003 | -- | $143,000 |
| 2002 | -- | $143,000 |
| 2001 | -- | $143,000 |
Find assessor info on the county website
Neighborhood: The Heights
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Nearby schools
GreatSchools rating
- 6/10Alfred E. Zampella No. 27 Elementary SchoolGrades: PK-8Distance: 0.2 mi
- 1/10William L. Dickinson High SchoolGrades: 9-12Distance: 1.6 mi
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Estimated market value
$898,800
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Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$898,800
- New Jersey
- Hudson County
- Jersey City
- 07307
- The Heights
- 506 Liberty Ave
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