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Sold for $450,000
  • $450,000

    529 Communipaw Ave, Jersey City, NJ 07304

    7beds
    --sqft
    MultiFamily
    Built in ----
    -- sqft lot
    $452,300 Zestimate®
    $--/sqft
    $3,474 Estimated rent

    Home value

    $452,300

    $412,000 - $498,000

    $3,474/mo

    Zestimate® history
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    What's special

    Street-level commercial unit
    Great Investment Opportunity in Jersey City's Bergen-Lafayette Section! Presenting an exciting mixed-use property with endless potential in the heart of Jersey City! This 3-story building is zoned for a street-level commercial unit and two residential units on the second and third floors. Whether you're an investor, entrepreneur, or someone with a vision, this property offers tremendous upside potential to renovate and customize to your specific needs. The ground floor is perfectly suited for a commercial space—ideal for a retail shop, café, office, or any business that would benefit from high visibility and foot traffic. The upper floors are ready to be transformed into two residential units, making it a fantastic opportunity to live above your business while earning additional income from the second unit. The current layout is set up for a non-conforming use, but with some updates, you can bring this property in line with your desired vision. Situated in a rapidly developing area, this home benefits from being in close proximity to local parks, schools, shops, and restaurants. The Bergen-Lafayette section is known for its vibrant community, diverse culture, and convenient access to public transportation, making it a prime location for renters and homeowners alike. The neighborhood is experiencing significant growth, which adds great value to this investment opportunity. Please note that the buyer will be responsible for completing the necessary city approvals to ensure the legal usage of the units. However, with the right vision and investment, this property can be transformed into a highly profitable asset. Don't miss out on this incredible opportunity to own a piece of Jersey City's future. Schedule a showing today!

    Zillow last checked:

    Listing updated:

    Listed by:

    MICHAEL MORRIS 201-479-3773,

    VYLLA HOME 856-206-0413

    Bought with:

    NON-MEMBER

    Source: HCMLS,MLS#: 260007998

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 7
    • Bathrooms: 7
    • Full bathrooms: 7
    Heating
    • Natural Gas
    Features
    • Basement: Unfinished

    Property

    Parking
    • Parking features: None

    Construction

    Type & style
    • Home type: MultiFamily
    • Architectural style: Townhouse
    Materials
    • Aluminum Siding, Stucco

    Community & HOA

    Location
    • Region: Jersey City

    Financial & listing details

    • Tax assessed value: $551,200
    • Annual tax amount: $12,286
    • Date on market: 6/27/2026

    Price history

    DateEventPrice
    6/26/2026Sold$450,000-18.2%
    Source: HCMLS #260007998 Report a problem
    4/30/2026Price change$549,900-21.4%
    Source: HCMLS #260007998 Report a problem
    11/19/2025Price change$699,900-6.7%
    Source: HCMLS #240024247 Report a problem
    9/25/2025Price change$750,000-11.8%
    Source: HCMLS #240024247 Report a problem
    8/21/2025Price change$850,000-8.1%
    Source: HCMLS #240024247 Report a problem
    7/9/2025Price change$925,000-4.1%
    Source: HCMLS #240024247 Report a problem
    6/13/2025Price change$965,000-6.8%
    Source: HCMLS #240024247 Report a problem
    3/10/2025Price change$1,035,500-5%
    Source: HCMLS #240024247 Report a problem
    2/5/2025Price change$1,090,000-10.3%
    Source: HCMLS #240024247 Report a problem
    1/9/2025Price change$1,215,000-9%
    Source: HCMLS #240024247 Report a problem
    12/27/2024Listed for sale$1,335,000+105.4%
    Source: HCMLS #240024247 Report a problem
    2/1/2020Listing removed$1,400
    Source: Zillow Rental Manager Report a problem
    1/25/2020Price change$1,400+0.4%
    Source: Zillow Rental Manager Report a problem
    12/26/2019Listed for rent$1,395
    Source: Owner Report a problem
    10/17/2019Sold$650,000+100%
    Source: Agent Provided Report a problem
    11/25/2012Listing removed$325,000
    Source: ACCESS HOME REALTY #120006281 Report a problem
    7/21/2012Price change$325,000-6.9%
    Source: ACCESS HOME REALTY #120006281 Report a problem
    5/25/2012Listed for sale$349,000
    Source: ACCESS HOME REALTY #120006281 Report a problem

    Public tax history

    Tax history is unavailable.

    Neighborhood: Bergen-Lafayette

    Nearby schools

    GreatSchools rating
    Get a cash offer in 3 minutes
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    Estimated market value
    $452,300
    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
    $452,300