$995,000

245 Jewett Avenue, Jersey City, NJ 07304

  • Property Icon Duplex
  • Property Year Built Icon Built in 1890
  • Property Lot Size Icon1,742sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $——/sqft
  • Property List Date Icon Listed 1 month ago

Property Description

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 uncertainty typically associated with the approval process. 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 uncertainty typically associated with the approval process.

Listing Status:
Active
Date Added:
May 26, 2026
Data Last Updated:
June 25, 2026 at 4:39PM
Listing Office:
Keller Williams Realty East Monmouth : 732-704-4033
Listing Agent:
Viviana Mejia : 732-704-4033
MLS ID:
22615522
  • Basement: Finished
  • Flooring: Laminate
  • A/C: Central Air
  • Heating: Forced Air
  • General: Deck
  • Roofing: Shingle
  • Originating MLS: MOREMLS (Monmouth Ocean Regional REALTORS®)
  • County: Hudson
  • Zoning: 06-16402-0000-00009
  • Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

This listing courtesy of Viviana Mejia , Keller Williams Realty East Monmouth

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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