245 Summit Ave, Jersey City, NJ 07304
- $1,229,000
- 5
- BD
- 5.1
- BA
- List Price
- $1,229,000
- MLS#
- 4047323
- Dom
- 16
- Year Built
- 1844
- Status
- ACTIVE
- County
- Hudson
- City
- Jersey City
- Bedrooms
- 5
- Bathrooms
- 5.1
- Baths Full
- 5
- Baths Half
- 1
- Lot Size
- 2,143
Property Description
Welcome to this beautifully designed income-producing 2022-renovated two-family residence on a rare 128-foot-deep lot in Jersey City?s Journal Square/McGinley Square area. 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. The property currently generates $7,500/month ($90,000 annually), with the 3BR/3.5BA duplex renting for $4,250/month and the 2BR/2BA residence renting for $3,250/month with room to increase! Additional features include central A/C, in-unit laundry, high-end finishes, abundant storage, private parking, and a deep private lot. Conveniently located near Journal Square PATH, restaurants, cafes, and major transportation, 245 Summit Avenue offers an exceptional opportunity for a new owner seeking a modern crown jewel in the rapidly-growing JSQ neighborhood with a finished basement for untapped STR potential.
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Additional Information
- Taxes
- $19,380
- Cooling
- 2 Units, Ceiling Fan, Central Air
- Exterior
- CedarSid, Stucco, Vinyl, Wood
- Garage Description
- Assigned, See Remarks
- Heating
- 2 Units, Forced Hot Air
- Interior
- Carbon Monoxide Detector, High Ceilings, See Remarks, Shades, Smoke Detector, Walk-In Closet, Wood Floors
- Roof
- Flat, Rubberized
- Sewer
- Public Sewer
- Water
- Public Water
- Basement
- Yes
- Exterior Features
- Patio, Privacy Fence, Sidewalk, Wood Fence
- Garage Description
- Assigned, See Remarks
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