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$799,000

For Sale

7 days ago

132 Terrace Ave, Jersey City, NJ

House

MLS® 260019934

0 Bed

5 Bath

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  • Key Facts
  • Description
  • Map

Key Facts

Type Duplex
Levels Residential Income
Size -
Garage 
Taxes 
Days Active 6
Lot Size 
Approx. Age 
MLS® Number 260019934

Property Address: 132 Terrace Ave, Jersey City, NJ, 07307-4149

Average square foot calculated using Size range provided by listing agent.

Description

Turnkey triplex with value add opportunities. Live in one unit and rent the other to subsidize the expenses, or lease everything as a pure investment cash cow. The building has two updated 3-bed, 2-bath units over a finished 1-bed, 1-bath in law suite, so it appeals to a wide range of tenants. Outside, you'll find a sunny private yard with a gazebo and a terrace made perfect for morning coffee. This property has a strong rental history as of this past summer. With each floor occupied, the total rent collected was 6, 600 per month. With lower taxes and less owner expenses, that cap rate was approximately 8%. With light cosmetic upgrades even that could be improved upon.
MLS® Number260019934
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age
Basement
DrivewayOther-See Remarks
Garage Spaces
HeatBaseboard, Electric, Gas
A/CA/C Window

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Oct 2, 2026List Date
$799,000List Price
  • Commute

Commute

Starting Address
Destination Address
132 Terrace Ave, Jersey City, NJ

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