Sold for $1,200,000

$1,200,000

56 Wales Ave, Jersey City, NJ 07306

6beds

--sqft

Multi Family

Built in ----

-- sqft lot

$1,269,300 Zestimate^®

$--/sqft

$3,754 Estimated rent

Home value

$1,269,300

$1.13M - $1.43M

$3,754/mo

Zestimate^® history

Owner options

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$3,754/mo

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$3,754/mo

Rent Zestimate^®

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$8,116/mo

Est. payment

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$8,116/mo

Est. payment

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What's special

Welcome to this two-family residence located in Journal Square. Unit 1 features three bedrooms, three bathrooms, a kitchen/living room/dining room as well as laundry, backyard and two-car garage. Unit 2 features three bedrooms, two bathrooms, and a kitchen/living room/dining room. Unit 1 is currently vacant, while Unit 2 is generating rental income. Both units are ready for its new owner/investor. An incredible location with access to the Journal Square PATH station and several major bus routes nearby for easy travel around Jersey City and into Manhattan.

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 6
Bathrooms: 5
Full bathrooms: 5

Heating

Central, Natural Gas

Cooling

Central Air, Gas

Features

Basement: None

Property

Parking

Parking features: 2 Cars, Attached, Garage, See Remarks
Has garage: Yes

Details

Parcel number: 0610303000000014

Construction

Type & style

Home type: MultiFamily
Architectural style: Colonial
Property subtype: Multi Family

Materials

Aluminum Siding, Brick

Community & HOA

Location

Region: Jersey City

Financial & listing details

Tax assessed value: $688,000
Annual tax amount: $15,363
Date on market: 5/27/2025
Inclusions: All major appliances as installed.
Exclusions: All personal property.

Price history

Date	Event	Price
6/24/2025	Listing removed	$3,500
Source: Zillow Rentals Report a problem
6/6/2025	Listed for rent	$3,500
Source: Zillow Rentals Report a problem
5/22/2025	Sold	$1,200,000+26.4%
Source: HCMLS #250004378 Report a problem
3/7/2025	Listed for sale	$949,000+63.1%
Source: HCMLS #250004378 Report a problem
4/9/2018	Sold	$582,000+14.7%
Source: Public Record Report a problem
11/11/2017	Listing removed	$507,597+69.2%
Source: Auction.com Report a problem
10/18/2017	Listed for sale	--
Source: Auction.com Report a problem
6/26/2006	Sold	$300,000
Source: HCMLS #510869 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$15,363	$688,000
2024	$15,363 -0.6%	$688,000
2023	$15,459 +40.1%	$688,000
2022	$11,036	$688,000
2021	$11,036 +4.2%	$688,000
2020	$10,595 +0.6%	$688,000
2019	$10,535 -3.4%	$688,000 -2.8%
2018	$10,904 +1.3%	$708,000 +406.4%
2017	$10,766 +2.9%	$139,800
2016	$10,460 +23%	$139,800
2015	$8,505 -0.4%	$139,800
2014	$8,541 +6.5%	$139,800
2012	$8,017	$139,800