Investment and Development opportunity
Blocks to Journal Square. Steps from Municipal Building.
4 unit multi family building
Sold for $1,211,000
$1,211,000
557 Newark Ave, Jersey City, NJ 07306
8beds
3,300sqft
MultiFamily
Built in 1910
-- sqft lot
$1,287,300 Zestimate®
$367/sqft
$2,859 Estimated rent
Home value
$1,287,300
$1.15M - $1.44M
$2,859/mo
Zestimate® history
Owner options
List your home for rent
$2,859/mo
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$2,859/mo
Rent Zestimate®
Refinance and save
$8,190/mo
Est. payment
Refinancing to a lower rate could help reduce your monthly payments and save thousands over the life of the loan.
$8,190/mo
Est. payment
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Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 8
- Bathrooms: 5
- Full bathrooms: 4
- 1/4 bathrooms: 1
Interior area
- Total interior livable area: 3,300 sqft
Property
Features
- Exterior features: Wood
Lot
- Size: 1,794 Square Feet
Details
- Parcel number: 0609601000000002
Construction
Type & style
- Home type: MultiFamily
Materials
- Frame
Condition
- Year built: 1910
Community & HOA
Location
- Region: Jersey City
Financial & listing details
- Price per square foot: $367/sqft
- Tax assessed value: $737,800
- Annual tax amount: $16,475
Price history
| Date | Event | Price |
|---|---|---|
| 2/24/2025 | Sold | $1,211,000-6.8%$367/sqft |
Source: Public Record Report a problem | ||
| 10/14/2024 | Listing removed | -- |
Source: Owner Report a problem | ||
| 7/16/2024 | Listed for sale | $1,300,000+165.3%$394/sqft |
Source: Owner Report a problem | ||
| 6/19/2006 | Sold | $490,000$148/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $16,475 | $737,800 |
| 2024 | $16,475 -0.6% | $737,800 |
| 2023 | $16,578 +40.1% | $737,800 |
| 2022 | $11,834 | $737,800 |
| 2021 | $11,834 +4.2% | $737,800 |
| 2020 | $11,362 +3.5% | $737,800 |
| 2019 | $10,978 +212.8% | $737,800 |
| 2018 | $3,510 +1.3% | $737,800 +1539.6% |
| 2017 | $3,465 +2.9% | $45,000 |
| 2016 | $3,367 +0.6% | $45,000 |
| 2015 | $3,345 -0.4% | $45,000 |
| 2014 | $3,360 -64.8% | $45,000 -66.1% |
| 2013 | $9,540 +2.5% | $132,800 |
| 2012 | $9,307 +1.5% | $132,800 |
| 2011 | $9,167 +15% | $132,800 |
| 2010 | $7,969 +8.1% | $132,800 |
| 2009 | $7,373 | $132,800 |
| 2008 | -- | $132,800 |
| 2007 | -- | $132,800 |
Find assessor info on the county website
Neighborhood: Journal Square
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Nearby schools
GreatSchools rating
- 5/10Mahatma K. Gandhi SchoolGrades: PK-8Distance: 0.5 mi
- 1/10William L. Dickinson High SchoolGrades: 9-12Distance: 1.3 mi
Get a cash offer in 3 minutes
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Estimated market value
$1,287,300
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
$1,287,300
- New Jersey
- Hudson County
- Jersey City
- 07306
- Journal Square
- 557 Newark Ave