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  • $884,000

    51 Sherman Pl, Jersey City, NJ 07307

    6beds
    --sqft
    Multi Family
    Built in ----
    -- sqft lot
    $1,281,100 Zestimate®
    $--/sqft
    $3,125 Estimated rent

    Home value

    $1,281,100

    $1.10M - $1.49M

    $3,125/mo

    Zestimate® history
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    What's special

    Welcome to this well-maintained, brick front mixed use or two-family property in the Heights of Jersey City! Property consists of two 3-bedroom 1-bathroom units with hardwood floors throughout and separate entrances. Both units contain a kitchen, formal dining room and living room, bay windows for gleaming natural light. Upper-level unit consists of a balcony. Fully finished ground level is currently a daycare and stretches the entire property, with a walk out to the private backyard area. Property is also an excellent opportunity for investors and developers to complete a condo conversion in a fast-developing Jersey City Heights area. Property has a 6% Cap rate. Location is close to shops, restaurants, parks, schools, and transportation. Short distance to Congress St Light-Rail and minutes to PATH Train, easy access to NYC. Copyright Hudson County MLS. All rights reserved. Information is deemed reliable but not guaranteed.

    Zillow last checked:

    Listing updated:

    Source: StreetEasy,MLS#: S1621397

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 6
    • Bathrooms: 12
    • Full bathrooms: 2
    • 1/2 bathrooms: 10
    Interior area
    • Total structure area: 0

    Property

    Details
    • Parcel number: 0603701000000010

    Construction

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

    Community & HOA

    Community
    • Subdivision: The Heights
    HOA
    • Services included: Maintenance
    Location
    • Region: Jersey City

    Financial & listing details

    • Tax assessed value: $466,900
    • Annual tax amount: $10,426
    • Date on market: 3/10/2022

    Price history

    DateEventPrice
    9/22/2025Sold$884,000-11.5%
    Source: Public Record Report a problem
    6/3/2025Price change$999,000-9.2%
    Source: HCMLS #250007054 Report a problem
    4/10/2025Listed for sale$1,100,000+19.7%
    Source: HCMLS #250007054 Report a problem
    9/8/2022Listing removed--
    Source: HCMLS #220014456 Report a problem
    8/8/2022Price change$919,000-3.3%
    Source: HCMLS #220014456 Report a problem
    3/10/2022Listed for sale$950,000
    Source: HCMLS #220004171 Report a problem
    1/1/2021Listing removed$950,000
    Source: BOYNE REALTY #202018730 Report a problem
    8/29/2020Listed for sale$950,000+6.1%
    Source: BOYNE REALTY #202018730 Report a problem
    8/5/2019Listing removed$895,000
    Source: Nest Seekers Report a problem
    7/5/2019Listed for sale$895,000
    Source: Nest Seekers Report a problem
    3/15/2019Listing removed$895,000
    Source: Nest Seekers Report a problem
    2/7/2019Price change$895,000-9.6%
    Source: Nest Seekers Report a problem
    1/18/2019Listed for sale$990,000
    Source: NEST SEEKERS NEW JERSEY LLC #190001167 Report a problem
    12/18/2018Listing removed$2,000
    Source: EXIT FRONTIER REALTY #180017679 Report a problem
    9/14/2018Listed for rent$2,000
    Source: EXIT FRONTIER REALTY #180017679 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$10,426 $466,900
    2024$10,426 -0.6%$466,900
    2023$10,491 +40.1%$466,900
    2022$7,489 $466,900
    2021$7,489 +4.2%$466,900
    2020$7,190 +3.5%$466,900
    2019$6,947 -42.8%$466,900
    2018$12,137 +1.3%$466,900 +200.1%
    2017$11,983 +2.9%$155,600
    2016$11,642 +0.6%$155,600
    2015$11,567 $155,600
    Find assessor info on the county website

    Neighborhood: The Heights

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $1,281,100
    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
    $1,281,100