245 Jewett Avenue, Jersey City, NJ 07304

Jersey City
Local realty services provided by:ERA Suburb Realty Agency
245 Jewett Avenue,Jersey City, NJ 07304
$995,000
  • - Beds
  • - Baths
  • - sq. ft.
  • Multi-family
  • Active
Listed by: viviana mejia
Office: keller williams realty east monmouth
MLS#:22615522
Source:NJ_MOMLS

Price summary

  • Price:$995,000

About this home

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 approvals from the town and in accordance with bylaws to convert the property into two separate condominiums. This gives the next owner a major head start by avoiding much of the time, cost, and...

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Home facts

  • Year built:1890
  • Listing ID #:22615522
  • Added:4 day(s) ago
  • Updated:May 30, 2026 at 07:47 PM

Rooms and interior

  • Flooring:Laminate
  • Basement:Yes
  • Basement Description:Finished, Full, Heated, Walk-Out Access

Heating and cooling

  • Cooling:Central Air
  • Heating:Forced Air
  • Central air:Yes

Structure and exterior

  • Roof:Shingle
  • Year built:1890
  • Lot area:0.04 Acres
  • Exterior Features:Deck

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$995,000
  • Tax amount:$19,593 (2025)
IDX information if 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. Information provided by Monmouth MLS. Last Updated May 30, 2026

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