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Sold for $1,260,000
  • $1,260,000

    579 Jersey Ave, Jersey City, NJ 07302

    5beds
    --sqft
    Multi Family
    Built in ----
    -- sqft lot
    $1,407,800 Zestimate®
    $--/sqft
    $3,676 Estimated rent

    Home value

    $1,407,800

    $1.28M - $1.56M

    $3,676/mo

    Zestimate® history
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    What's special

    Large single family residenceGate enclosureKeyfood supermarketPrivate outdoor deckThriving storesPrivate driveway
    Attention those looking for Single Family Home (with Parking), builders, investors, and prospective homeowners! This is a remarkable opportunity to acquire the last remaining property of its kind in the highly desirable section of Downtown Jersey City. 579 Jersey Avenue boasts a distinctive two-family (Can be used as one-family), corner property located on a prominent street, generating an appealing rental income with the first floor at $2,800, the second floor at $2,550, and an additional $300 from private parking. Nestled beautifully at the intersection of Jersey Ave and 3rd Street, this property offers the potential for expansion to be converted to a large single family residence, multifamily, or conversion to commercial use, capitalizing on its high visibility on Jersey Avenue. Or the Owner can just live on the First floor with the basement and collect rent from upstairs Apartment. It's a true gem situated in a high-demand neighborhood, surrounded by thriving stores, including the Keyfood Supermarket, as well as steps away from restaurants and businesses. Moreover, its strategic location places it just blocks away from the Grove Street PATH STATION and a short distance from Hamilton Park, easy access to major highways, making it the heart of Downtown Jersey City. The property features Five bedrooms, two living rooms with a dining combo, two full bathrooms, and an additional half bathroom. The finished basement offers both interior and exterior access. To top it off, a private driveway with gate enclosure provides a convenient parking solution and a private outdoor deck for entertaining guests. Don't miss this genuinely sought-after location – it's a must-see!

    Zillow last checked:

    Listing updated:

    Listed by:

    AMAR MODY 201-333-7717,

    PROMINENT PROPERTIES SOTHEBY'S INTERNATIONAL REALTY 201-333-7717

    Bought with:

    , 2292999

    KELLER WILLIAMS CITY VIEWS

    Source: HCMLS,MLS#: 230014785

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 5
    • Bathrooms: 3
    • Full bathrooms: 2
    • 1/2 bathrooms: 1
    Heating
    • Baseboard, Natural Gas
    Cooling
    • Window Unit(s), Gas
    Features
    • Basement: Finished,Full

    Property

    Parking
    • Parking features: 1 Car
    Details
    • Parcel number: 3966

    Construction

    Type & style
    • Home type: MultiFamily
    • Architectural style: Colonial,Multi Level
    • Property subtype: Multi Family
    Materials
    • Brick, Stone

    Community & HOA

    Location
    • Region: Jersey City

    Financial & listing details

    • Tax assessed value: $801,500
    • Annual tax amount: $16,975
    • Date on market: 11/16/2023

    Price history

    DateEventPrice
    11/15/2023Sold$1,260,000-1.2%
    Source: HCMLS #230014785 Report a problem
    9/6/2023Listed for sale$1,275,000
    Source: HCMLS #230014785 Report a problem
    1/1/2023Listing removed--
    Source: HCMLS #220017336 Report a problem
    9/27/2022Listed for sale$1,275,000-7.3%
    Source: HCMLS #220017336 Report a problem
    9/2/2022Listing removed--
    Source: NY State MLS Report a problem
    5/31/2022Price change$1,375,000-8.3%
    Source: HCMLS #220009739 Report a problem
    5/2/2022Price change$1,499,999-6.3%
    Source: HCMLS #220005446 Report a problem
    3/23/2022Listed for sale$1,599,999+88.2%
    Source: NY State MLS #11063136 Report a problem
    4/5/2016Sold$850,000+112.5%
    Source: HCMLS #160000889 Report a problem
    10/31/2013Listing removed$400,000
    Source: COLDWELL BANKER RESIDENTIAL BROKERAGE #110001019 Report a problem
    12/3/2011Price change$400,000-11.1%
    Source: Coldwell Banker Residential Brokerage - Hoboken Office #110001019 Report a problem
    1/29/2011Price change$450,000-24.4%
    Source: ColdwellBankerMoves.com #110001019 Report a problem
    3/3/2009Price change$595,000-4.8%
    Source: Owner Report a problem
    1/21/2009Listed for sale$625,000+495.2%
    Source: Owner Report a problem
    10/20/1998Sold$105,000-0.9%
    Source: Public Record Report a problem
    8/7/1996Sold$106,000
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$17,898 $801,500
    2024$17,898 -0.6%$801,500
    2023$18,010 +40.1%$801,500
    2022$12,856 $801,500
    2021$12,856 +4.2%$801,500
    2020$12,343 +3.5%$801,500
    2019$11,926 +44.2%$801,500
    2018$8,268 +1.3%$801,500 +656.1%
    2017$8,163 +2.9%$106,000
    2016$7,931 +0.6%$106,000
    2015$7,880 -0.4%$106,000
    2014$7,914 +3.9%$106,000
    2013$7,615 +2.5%$106,000
    2012$7,428 +1.5%$106,000
    2011$7,317 +15%$106,000
    2010$6,361 +8.1%$106,000
    2009$5,885 $106,000
    2008-- $106,000
    2007-- $106,000
    2006-- $106,000
    2005-- $106,000
    2004-- $106,000
    2003-- $106,000
    2002-- $106,000
    2001-- $106,000
    Find assessor info on the county website

    Neighborhood: Downtown

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $1,407,800
    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
    $1,407,800