Introducing an exceptional investment opportunity in the heart of historic downtown Jersey City—with a 5.5% cap rate. This fully gut-renovated 25x100 four-family brownstone effortlessly blends classic charm with modern convenience. Thoughtfully redesigned from top to bottom, each unit offers a unique and inviting living experience. Unit 1 features a spacious 1-bedroom, 1-bathroom layout with a flexible den—perfect for a home office or guest space—and an open-concept design that creates a seamless flow throughout. Unit 2 offers 2 bright bedrooms and 1 bathroom, highlighted by tasteful finishes and an abundance of natural light. Units 3 and 4 each boast 2 bedrooms and 2 bathrooms, including en-suite options that add comfort and privacy. Across all units, you’ll find stylish stainless steel appliances, in-unit washer/dryers, exposed brick accents, and large windows that fill the space with natural sunlight. A shared backyard serves as a peaceful urban retreat, ideal for relaxing or entertaining.With a strong projected cap rate , this brownstone is not only beautifully renovated but also a solid long-term investment. Perfectly positioned just steps from Jersey City’s vibrant downtown scene, residents enjoy easy access to top dining spots, local shops, and multiple transportation options—including Grove Street PATH, the Hudson-Bergen Light Rail, and bus lines into Manhattan. Excellent long term lease on this brownstone perfect for investors.
For sale
$2,999,000
55 Wayne St, Jersey City, NJ 07302
7beds
--sqft
Est.:
MultiFamily
Built in ----
-- sqft lot
$2,931,100 Zestimate®
$--/sqft
$-- HOA
What's special
- 24 days
- on Zillow |
- 938 |
- 34 |
Zillow last checked: 7 hours ago
Listing updated: August 05, 2025 at 01:01pm
Listed by:
MEGHA MOZA,
PROMINENT PROPERTIES SOTHEBY'S INTERNATIONAL REALTY 201-333-7717
Source: HCMLS,MLS#: 250015943
Travel times
Tour with a buyer's agent
Tour with a buyer's agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 7
- Bathrooms: 6
- Full bathrooms: 6
Heating
- Natural Gas
Cooling
- Wall Unit(s)
Features
- Basement: None
Property
Parking
- Parking features: None
Details
- Parcel number: 1989
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Brownstone
Materials
- Brick
Community & HOA
Location
- Region: Jersey City
Financial & listing details
- Tax assessed value: $2,250,000
- Annual tax amount: $49,000
- Date on market: 8/5/2025
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