For sale

Price cut: $51K (6/30)

$599,000

88 Lexington Ave, Jersey City, NJ 07304

8beds

--sqft

$4,148/mo

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Multi Family

Built in 1906

-- sqft lot

$600,500 Zestimate^®

$--/sqft

$-- HOA

What's special

Giant Legal Detached vacant 2-Family on West Side of Jersey City. Approved Architect Plans from Jersey City for a complete gut rehab. Project is shovel ready and work can begin day one. Approved as 4 Bedrooms / 2 Full Baths on First Floor with a Duplex basement. Basement runs the entire area of the first floor and has higher than normal ceilings. 2nd Floor is same 4 bedroom / 2 full bath layout. Each floor is approximately 1350 sq ft. Can modify to large 3 bedroom layout on either floor as well. Building is completely gutted to the studs. Rough plumbing for under the basement concrete slab has been completed. Perfect for an owner looking to capitalize on the crazy rental market. 2nd Floor alone can rent for $3,500 easy. Buyer can Condo the building out and sell each unit separately. Located between Kennedy Blvd and West Side Ave, just a few blocks south of Communipaw Ave.

54 days

572

17

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 8
Bathrooms: 5
Full bathrooms: 5

Cooling

Central Air

Features

Basement: Full

Property

Parking

Parking features: None

Lot

Size: 2,178 Square Feet

Details

Parcel number: 0619301000000046

Construction

Type & style

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

Materials

Aluminum Siding

Condition

Year built: 1906

Community & HOA

Location

Region: Jersey City

Financial & listing details

Tax assessed value: $363,900
Annual tax amount: $8,497
Date on market: 6/5/2026
Inclusions: all items inside the home
Exclusions: None

Estimated market value

$600,500

$570,000 - $631,000

$2,448/mo

Price history

Date	Event	Price
6/30/2026	Price change	$599,000-7.8%
Source: HCMLS #260010853 Report a problem
6/5/2026	Listed for sale	$650,000+37.4%
Source: HCMLS #260010853 Report a problem
9/15/2006	Sold	$473,000+15.4%
Source: HCMLS #60006765 Report a problem
3/8/2006	Sold	$410,000+203.7%
Source: HCMLS #510106 Report a problem
4/4/2002	Sold	$135,000+91.8%
Source: Public Record Report a problem
1/23/2002	Sold	$70,400-56.5%
Source: Public Record Report a problem
4/2/1997	Sold	$162,000
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$8,126	$363,900
2024	$8,126 -0.6%	$363,900
2023	$8,177 +40.1%	$363,900
2022	$5,837	$363,900
2021	$5,837 +4.2%	$363,900
2020	$5,604 +3.5%	$363,900
2019	$5,415 -44.9%	$363,900
2018	$9,836 +1.3%	$363,900 +188.6%
2017	$9,711 +2.9%	$126,100
2016	$9,435 +0.6%	$126,100
2015	$9,374 -0.4%	$126,100
2014	$9,415 +3.9%	$126,100
2013	$9,059 +2.5%	$126,100
2012	$8,837 +1.5%	$126,100
2011	$8,705 +15%	$126,100
2010	$7,567 +8.1%	$126,100
2009	$7,001	$126,100
2008	--	$126,100 +31.2%
2007	--	$96,100

Find assessor info on the county website

Monthly payment

Est. payment

Payment breakdown

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Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included

All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.

HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.

Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.

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