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!
Under contract
$795,000
158 Terrace Ave, Jersey City, NJ 07307
5beds
3baths
2,000sqft
Est.:
Multi Family
Built in 1890
-- sqft lot
$782,200 Zestimate®
$398/sqft
$-- HOA
What's special
Private backyardCentral airGleaming wood floorsCeramic tile
- 43 days
- on Zillow |
- 467 |
- 2 |
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#: 2600377R

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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