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Off market
  • $1,108,500

    554 New Jersey Ave, Brooklyn, NY 11207

    7beds
    3,000sqft
    MultiFamily
    Built in 1901
    -- sqft lot
    $1,108,500 Zestimate®
    $370/sqft
    $3,932 Estimated rent

    Home value

    $1,108,500

    $1.02M - $1.20M

    $3,932/mo

    Zestimate® history
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    Owner options

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    $3,932/mo

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    $3,932/mo

    Rent Zestimate®

    Refinance and save

    $6,566/mo

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    $6,566/mo

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    What's special

    *Private Showings available one group at a time, property is fully vacant! Virtual showings/Video tours also available, please reach out to us directly to coordinate** Luxury at its best! Welcome to 554 New Jersey Avenue, a 20x50 Built BRICK Two Family Townhouse nestled on a picturesque block of bustling East New York featuring private parking! Yes you read right, Private Parking in East New York! This turn key move in ready dwelling provides the perfect opportunity for buyers looking for space, plus income generating rental property to assist with mortgage payments. Offering a 4 bedroom rental unit which can generate $3,000/month to assist with mortgage payments over a 3 bedroom garden unit which can easily be used as a duplex with the high ceiling full finished basement to create a garden-basement duplex! Both units enjoy expansive sun drenched living areas which provide great space for entertaining, beautiful chefs granite kitchens equipped with floor to ceiling cabinetry and boast full sized stainless steel appliances, spacious bedrooms equipped with ample closet space, fully tiled bathrooms featuring state of the art wall & floor tiles & much more! Must see to appreciate! Renovations include brand new hardwood flooring, recessed lighting, exposed brick interiors, brand new heating, electrical, plumbing & Central HVAC Systems! High ceiling full finished basement with private street level entrance! Spacious rear yard to enjoy family & friends gatherings. 554 New Jersey avenue is conveniently located with close proximity to major transportation which makes commuting a breeze, schools, shopping centers, highways, restaurants, cafes and many other amenities the neighborhood has to offer! Come explore all the possibilities of this diamond and grab your opportunity to be apart of the East New York vibe!

    This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 7
    • Bathrooms: 4
    • Full bathrooms: 3
    • 1/2 bathrooms: 1
    Cooling
    • Central
    Appliances
    • Included: Dishwasher
    Interior area
    • Total interior livable area: 3,000 sqft

    Property

    Lot
    • Size: 1,999 Square Feet
    Details
    • Parcel number: 038060060

    Construction

    Type & style
    • Home type: MultiFamily
    Condition
    • Year built: 1901

    Utilities & green energy

    • Sewer: Y

    Community & HOA

    Location
    • Region: Brooklyn

    Financial & listing details

    • Price per square foot: $370/sqft
    • Tax assessed value: $1,204,000
    • Annual tax amount: $4,206

    Price history

    DateEventPrice
    11/9/2020Sold$945,000+5.1%$315/sqft
    Source: Public Record Report a problem
    8/5/2020Price change$899,000-3.2%$300/sqft
    Source: Keystone Realty USA Corp Report a problem
    5/14/2020Listed for sale$929,000+163.9%$310/sqft
    Source: Keystone Realty USA Corp Report a problem
    11/4/2019Sold$352,000+8.3%$117/sqft
    Source: Public Record Report a problem
    5/13/2019Listing removed$325,000$108/sqft
    Source: Voro LLC #P1340932 Report a problem
    5/10/2019Listed for sale$325,000-24.9%$108/sqft
    Source: Voro LLC #P1340932 Report a problem
    11/23/2005Sold$433,000+183%$144/sqft
    Source: Public Record Report a problem
    12/30/1997Sold$153,000$51/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$4,206 +2.4%$72,240 +12.5%
    2024$4,106 $64,200 +13.1%
    2023-- $56,760 -8.7%
    2022-- $62,160 +11.9%
    2021-- $55,560 +37.8%
    2020$2,408 +5.8%$40,320
    2019$2,275 +7.1%$40,320 +297.2%
    2018$2,124 +2.6%$10,152
    2017$2,069 +5.4%$10,152 +1.1%
    2016$1,964 $10,045 +6%
    2015$1,964 +70.1%$9,478 +5.8%
    2014$1,155 $8,956 +5.9%
    2013-- $8,460
    2012-- $8,460 +1.1%
    2011-- $8,371 +6%
    2010-- $7,899 +5.8%
    2009-- $7,464 +5.9%
    2008-- $7,050
    2007-- $7,050 +1.1%
    2006-- $6,976 +6%
    2005-- $6,583 +5.8%
    2004-- $6,220 +5.9%
    2003-- $5,875
    2002-- $5,875 +1%
    2001-- $5,814 +6%
    2000-- $5,486
    Find assessor info on the county website

    Neighborhood: East New York

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • District: Community District 5

    Source: The MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.