114 Neptune Avenue, Jersey City, NJ 07305

Local realty services provided by:ERA Queen City Realty
114 Neptune Avenue,Jersey City, NJ 07305
$1,275,000
  • - Beds
  • 6 Baths
  • - sq. ft.
  • Multi-family
  • Active
Listed by: jill biggs
Office: coldwell banker, hoboken
MLS#:26002561
Source:NJ_MLS

Price summary

  • Price:$1,275,000

About this home

Presenting 114 Neptune Avenue, a substantial 6-unit multifamily investment opportunity located in the dynamic Greenville section of Jersey City. Built in 1920 and sitting on a large 31x133 lot, this 4,908 square foot property combines historic charm with solid investment fundamentals, offering 6.5% Cap Rate. The building comprises six large apartments, typically featuring flexible railroad-style layouts that can function as spacious 2-bedroom or efficient 3-bedroom units. These "bright and airy" units have a history of strong occupancy due to their size and affordability relative to Downtown Jersey City. Recent improvements in select units ensure competitive rental rates while leaving room for future value-add cosmetic renovations to push the rent roll even higher. Ideally situated for commuters and students, the property boasts a "Very Walkable" Walk Score of 82. It is located just minutes from New Jersey City University (NJCU), making it a prime location for student housing or

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Home facts

  • Listing ID #:26002561
  • Added:1 day(s) ago
  • Updated:January 30, 2026 at 03:47 PM

Rooms and interior

  • Total bathrooms:6
  • Full bathrooms:6

Finances and disclosures

  • Price:$1,275,000
  • Tax amount:$14,147
MLS Logo The data relating to the real estate for sale on this web site comes in part from the Internet Data Exchange Program of the NJMLS. Real estate listings held by brokerage firms other than ERA Queen City Realty are marked with the Internet Data Exchange logo and information about them includes the name of the listing brokers. Some properties listed with the participating brokers do not appear on this website at the request of the seller. Listings of brokers that do not participate in Internet Data Exchange do not appear on this website. All information deemed reliable but not guaranteed. Last date updated: January 30, 2026. Source: New Jersey Multiple Listing Service, Inc. 2026 New Jersey Multiple Listing Service, Inc. All rights reserved.

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