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Under contract
  • $795,000

    158 Terrace Ave, Jersey City, NJ 07307

    5beds
    3baths
    2,000sqft
    : 
    Multi Family
    Built in 1890
    -- sqft lot
    $782,200 Zestimate®
    $398/sqft
    $-- HOA

    What's special

    Private backyardCentral airGleaming wood floorsCeramic tile
    This beautifully maintained two-family home offers the perfect blend of comfort, convenience, and income potential ideal for both homeowners and investors. The first-floor unit features 2 bedrooms, 1 full bathroom, a cozy living room, and a well-equipped kitchen. With a mix of gleaming wood floors and ceramic tile, the space is both stylish and functional. The second-floor unit includes 3 spacious bedrooms, 2 full bathrooms, a large living room, a bright kitchen, and an in-unit washer and dryer. It also features beautiful wood and tile flooring throughout. Additional highlights include central air in both units, separate utilities, and a private backyard perfect for relaxing or entertaining. There's also an unfinished basement, offering plenty of storage space or future potential. Both units are on month-to-month leases, giving you flexibility and immediate rental income. Conveniently located near major highways, shopping centers, and public transportation, this home is in a high-demand area. Whether you're looking to live in one unit and rent out the other, lease both, or enjoy a multi-generational setup this property has it all. Don't miss your chance to own this versatile, move-in-ready home with strong income potential!
    43 days
    on Zillow
    |
    467
    |
    2
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    Zillow last checked: 7 hours ago

    Listing updated: July 28, 2025 at 04:19pm

    Listed by:

    NADEEM CHOUDHARY,

    LEGACY REALTY GROUP 732-744-0400,

    MALIKA KASHIF,

    LEGACY REALTY GROUP

    Source: All Jersey MLS,MLS#: 2600377RMLS Logo
    Travel times

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 5
    • Bathrooms: 3
    Heating
    • Forced Air
    Cooling
    • A/C Central - All, Ceiling Fan(s), A/C Wall Unit(s), A/C Window Unit(s), Unit 1(A/C Central), Unit 2(A/C Central)
    Appliances
    • Included: Water Heater(Gas), Water Heater, Unit 1(Range/Oven, Refrigerator), Unit 2(Dryer, Range/Oven, Refrigerator, Washer)
    Features
    • Unit 1(2 Bedrooms, Kitchen, 1 Bath, Living Room), Unit 2(3 Bedrooms, Kitchen, Living Room, 2+ Baths)
    • Basement: Partial, Storage Space
    Interior area
    • Total structure area: 2,000
    • Total interior livable area: 2,000 sqft
    Video & virtual tour

    Property

    Features
    • Stories: 2
    Lot
    • Size: 2,500.34 Square Feet
    • Dimensions: 100.00 x 0.00
    • Features: See Remarks
    Details
    • Parcel number: 0602503000000021
    • Zoning: R-1

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    Condition
    • Year built: 1890

    Utilities & green energy

    • Gas: Natural Gas
    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Electricity Connected, Natural Gas Connected

    Community & HOA

    Location
    • Region: Jersey City

    Financial & listing details

    • Price per square foot: $398/sqft
    • Tax assessed value: $388,400
    • Annual tax amount: $8,727
    • Date on market: 7/8/2025
    • Ownership: Fee Simple
    • Lease term: Unit 1(Month-Month),Unit 2(Month-Month)
    • Electric utility on property: Yes
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