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Listed price in listed location currency (USD).
$995,000

050

MLS® 260007462

  • Key Facts
  • Description
  • Map

Key Facts

Type Duplex
Levels Residential Income
Size -
Garage 
Taxes 
Days Active 34
Lot Size 
Approx. Age 
MLS® Number 260007462

Property Address: 245 Jewett Ave, Jersey City, NJ, 07304-1803

Average square foot calculated using Size range provided by listing agent.

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 property features a spacious duplex-style first unit with 4 bedrooms, two living areas, modern finishes, and a tankless water heater, creating strong appeal for future condominium resale. The second-floor unit is 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. Conveniently located near Liberty State Park, the light rail, shopping, restaurants, and major commuter routes, West Bergen continues to experience strong buyer demand and ongoing development.
MLS® Number260007462
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age
Basement
Driveway1 Car, Other-See Remarks
Garage Spaces
Heat
A/C
Heating Fuel

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Apr 23, 2026List Date
$995,000List Price
  • Commute

Commute

Starting Address
Destination Address
245 Jewett Ave, Jersey City, NJ

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