245 Summit Ave, Jersey City, NJ 07304
Local realty services provided by:ERA Boniakowski Real Estate
245 Summit Ave,Jersey City, NJ 07304
$1,229,000
- 5 Beds
- 5 Baths
- 2,984 sq. ft.
- Multi-family
- Active
Listed by: jonathan minerick
Office: homecoin.com888-400-2513
MLS#:4047323
Source:NJ_GSMLS
Price summary
- Price:$1,229,000
- Price per sq. ft.:$411.86
About this home
Welcome to this beautifully designed income-producing 2022-renovated two-family residence on a rare 128-foot-deep lot in Jersey City's Journal Square/McGinley Square area. Offering modern construction, elevated finishes, private outdoor space, a pre-paid non-deeded parking spot next door, and flexible living, this property combines contemporary luxury with strong rental income. The spacious 3BR/3.5BA duplex includes an open-concept layout, high ceilings, large windows, recessed lighting, and a chef's kitchen with an oversized quartz island, premium appliances, custom backsplash, and designer-like finishes. The primary suite offers a flex closet/office and spa-inspired bath. The lower level includes a second kitchen, living area, two bedrooms with ensuite baths, laundry, and direct outdoor access. A separate 2BR/2BA residence provides additional privacy and income potential. The property currently generates $7,500/month ($90,000 annually), with the 3BR/3.5BA duplex renting for $4,250/month and the 2BR/2BA residence renting for $3,250/month with room to increase! Additional features include central A/C, in-unit laundry, high-end finishes, abundant storage, private parking, and a deep private lot. Conveniently located near Journal Square PATH, restaurants, cafes, and major transportation, 245 Summit Avenue offers an exceptional opportunity for a new owner seeking a modern crown jewel in the rapidly-growing JSQ neighborhood with a finished basement for untapped STR potential....
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Home facts
- Year built:1844
- Listing ID #:4047323
- Added:47 day(s) ago
- Updated:October 04, 2026 at 02:17 PM
Rooms and interior
- Bedrooms:5
- Total bathrooms:5
- Full bathrooms:5
- Half bathrooms:1
- Rooms Total:8
- Basement Description:Basement, Finished, French Drain, Full, Walkout
- Living area:2,984 sq. ft.
Heating and cooling
- Cooling:2 Units, Ceiling Fan, Central Air
- Heating:2 Units, Forced Hot Air
Structure and exterior
- Roof:Flat, Rubberized
- Year built:1844
- Building area:2,984 sq. ft.
- Architectural Style:2-Two Story
- Construction Materials:CedarSid, Stucco, Vinyl, Wood
- Exterior Features:Patio, Privacy Fence, Sidewalk, Wood Fence
Utilities
- Water:Public Water
- Sewer:Public Sewer
Finances and disclosures
- Price:$1,229,000
- Price per sq. ft.:$411.86
- Tax amount:$19,380 (2025)
Features and amenities
- Amenities:All Utilities Underground, Carbon Monoxide Detector, Gas In Street, High Ceilings, Shades, Smoke Detector, Walk-In Closet, Wood Floors
Parking
- Parking description:1 Car Width, Additional Parking, Assigned, Concrete Driveway, Driveway-Shared, On-Street Parking
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