245 Jewett Avenue
Jersey City, NJ 07304
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Bed
0
Bath
0.04Acre(Lot)
Located in the growing West Bergen section of Jersey City, 245 Jewett Ave presents a rare investment opportunity with immediate income and significant upside through condominium conversion. This legal two-family property offers investors the chance to acquire an asset in one of Jersey City's evolving neighborhoods while already being positioned for future redevelopment potential. The spacious, duplex-style first unit features 4 bedrooms, two living areas, modern finishes, and a tankless water heater, which strongly appeals to future condominium resale buyers. Unit 2 features 3bd/2bath, currently tenant-occupied through July, providing immediate rental income while plans move forward. What truly separates this property from others on the market is that the current owner has already secured
Property Details
Map
Map
What's Nearby
Nearby Areas
Features
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Room Information
Has Basement: Yes Basement: Finished, Walk-Out Access, Full -
Flooring Information
Laminate -
Roofing Information
Shingle -
Interior Features
Roof: Shingle Appliances: Tankless Water Heater -
Heating & Cooling
Has Heating: Yes Heating: Forced Air Has Cooling: Yes Cooling: Central Air
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Building Information
Year Built: 1890 Stories: 2 Patio And Porch Features: Deck Private Pool: No
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Lot Information
Lot Dimensions: 25.01 x 72.44 Main Square Feet: 0.04 Acres Lot Size Acres: 0.04 Lot Size Square Feet: 1742.4Property Information
Subdivision: None Source Property Type: Residential Income MLS Area Minor: Jersey City (JER) Property SubType: Duplex Property Age: 136
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Listing Price Information
Listing Price: $995000 VA Loan, FHA, Cash, Conventional
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Tax Information
Parcel Number: 06-16402-0000-00009 Tax Lot: 9 Tax Block: 16402 Tax Year: 2025 Annual Tax: $19593
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Parking Information
Other, None
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Location Information
Direction: USE GPS WaterSource: Public
How much is this property worth?
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Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| 171 Van Horne St, Jersey City, NJ, 07304 | $995,000 | 6 | 5.5 | -- | |
| 99 Clifton Pl, Jersey City, NJ, 07304 | $1,150,000 | 8 | 4 | -- | |
| 23 Westervelt Pl, Jersey City, NJ, 07304 | $1,100,000 | 8 | 4 | -- | |
| 6 Baldwin Ave, Jersey City, NJ, 07304 | $699,000 | 3 | 3 | -- | |
| 245 Summit Ave, Jersey City, NJ, 07304 | $1,298,000 | 5 | 5.5 | -- | |
| 10 Mcdougal St, Jersey City, NJ, 07304 | $1,160,000 | 11 | 3 | -- | |
| 29 Belmont Ave, Jersey City, NJ, 07304 | $999,000 | 5 | 3.5 | -- | |
| 772 Grand St, Jersey City, NJ, 07304 | $1,250,000 | 6 | 3 | -- | |
| 53 Jewett Ave, Jersey City, NJ, 07304 | $777,000 | 3 | 3.5 | -- | |
| 302 Arlington Ave, Jersey City, NJ, 07304 | $1,180,000 | 9 | 3 | -- |
Similar Multifamily To 245 Jewett Avenue
Nearby For Sale
The data relating to real estate for sale on this website comes in part from the Internet Data exchange ("IDX") program of the Monmouth/Ocean MLS Monmouth County Association Board of Realtors. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Real estate listings held by brokerage firms other than ByOwner, are indicated by detailed information about them such as the name of the listing firms. Information deemed reliable but not guaranteed. Copyright © 2026 Monmouth/Ocean MLS Monmouth County Association Board of Realtors. All Rights Reserved.
ByOwner last updated this listing 06/24/2026 @ 22:44
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