- ERA
- New Jersey
- Jersey City
- 116 Oak Street
116 Oak Street, Jersey City, NJ 07304
Local realty services provided by:ERA Queen City Realty
116 Oak Street,Jersey City, NJ 07304
$949,000
- - Beds
- 5 Baths
- - sq. ft.
- Multi-family
- Active
Listed by: jasmin elalfy
Office: nj elite group llc.
MLS#:26003802
Source:NJ_MLS
Price summary
- Price:$949,000
About this home
116 Oak Street presents a rare, move-in-ready multi-unit opportunity in one of Jersey City’s most desirable and rapidly appreciating neighborhoods. Spanning 3,549 square feet, this well-maintained property offers exceptional flexibility for both owner-occupants and investors. The top unit is currently rented at $1,600 per month, with the tenant responsible for their own utilities; the owner covers water and sewer. The lease runs through 2027, providing stable, long-term income. The bottom unit is vacant, while the seller currently resides in the middle unit, which has been meticulously maintained. The property itself is turn-key and includes gated parking, a garage, and a private backyard—a rare combination in Jersey City. Ideally located near downtown Jersey City, PATH transportation, major highways, shopping, dining, and parks, offering convenient access to Manhattan and surrounding areas. A three-unit approval may be possible, without variance, currently pending a letter of determination from the town, presenting a clear path to additional value. An outstanding opportunity in an exceptional Jersey City location with immediate income and long-term upside.
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Home facts
- Listing ID #:26003802
- Added:4 day(s) ago
- Updated:February 10, 2026 at 04:35 PM
Rooms and interior
- Total bathrooms:5
- Full bathrooms:5
Finances and disclosures
- Price:$949,000
- Tax amount:$9,698
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