245 Summit Ave, Jersey City, NJ 07304

Jersey City
Local realty services provided by:Better Homes and Gardens Real Estate Coccia Realty
245 Summit Ave,Jersey City, NJ 07304
$1,198,000
  • 5 Beds
  • 5 Baths
  • 2,984 sq. ft.
  • Multi-family
  • Active
Listed by: jonathan minerick
Office: homecoin.com888-400-2513
MLS#:4047323
Source:NJ_GSMLS

Price summary

  • Price:$1,198,000
  • Price per sq. ft.:$401.47

About this home

MAKE AN OFFER! Welcome to this beautifully designed income-producing 2022-renovated two-family residence on a rare 128-foot-deep lot in the middle of Journal Square/McGinley Square. Offering modern construction, elevated finishes, private outdoor space, a pre-paid non-deeded parking spot next door, and flexible living, this property combines contemporary luxury with strong rental income. The spacious 3BR/3.5BA duplex includes an open-concept layout, high ceilings, large windows, recessed lighting, and a chef's kitchen with an oversized quartz island, premium appliances, custom backsplash, and designer-like finishes. The primary suite offers a flex closet/office and spa-inspired bath. The lower level includes a second kitchen, living area, two bedrooms with ensuite baths, laundry, and direct outdoor access. A separate 2BR/2BA residence provides additional privacy and income potential. Generates $7,500/month ($90,000 annually); $8,000-$8.5K/month projected income in 2027! The 3BR/3.5BA...

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Home facts

  • Year built:1844
  • Listing ID #:4047323
  • Added:86 day(s) ago
  • Updated:November 12, 2026 at 04:12 PM

Rooms and interior

  • Bedrooms:5
  • Total bathrooms:5
  • Full bathrooms:5
  • Half bathrooms:1
  • Rooms Total:8
  • Basement Description:Basement, Finished, French Drain, Full, Walkout
  • Living area:2,984 sq. ft.

Heating and cooling

  • Cooling:2 Units, Ceiling Fan, Central Air
  • Heating:2 Units, Forced Hot Air

Structure and exterior

  • Roof:Flat, Rubberized
  • Year built:1844
  • Building area:2,984 sq. ft.
  • Architectural Style:2-Two Story
  • Construction Materials:CedarSid, Stucco, Vinyl, Wood
  • Exterior Features:Patio, Privacy Fence, Sidewalk, Wood Fence

Utilities

  • Water:Public Water
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$1,198,000
  • Price per sq. ft.:$401.47
  • Tax amount:$19,380 (2025)

Features and amenities

  • Amenities:All Utilities Underground, Carbon Monoxide Detector, Gas In Street, High Ceilings, Shades, Smoke Detector, Walk-In Closet, Wood Floors

Parking

  • Parking description:1 Car Width, Additional Parking, Assigned, Concrete Driveway, Driveway-Shared, On-Street Parking
The data relating to real estate for sale on this website comes in part from the IDX Program of Garden State Multiple Listing Service, L.L.C. Real estate listings held by other brokerage firms are marked as IDX Listing. Information deemed reliable but not guaranteed. 2026 Garden State Multiple Listing Service, L.L.C. All rights reserved. Notice: The dissemination of listings on this website does not constitute the consent required by N.J.A.C. 11:5.6.1 (n) for the advertisement of listings exclusively for sale by another broker. Any such consent must be obtained in writing from the listing broker. This information is being provided for Consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties Consumers may be interested in purchasing. Date Last Updated November 12, 2026

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