50
See all 50 photos
$1,100,000
Est. payment /mo
8 Beds
3.5 Baths
6,098 Sqft Lot
New
143 Terrace Ave Jersey City, NJ 07307
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Key Details
Property Type Multi-Family, Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID 4025473
Style 3-Three Story
Bedrooms 8
Full Baths 3
Half Baths 1
Year Built 1972
Annual Tax Amount $14,045
Tax Year 2025
Lot Size 6,098 Sqft
Property Description
Welcome to 143 Terrace Ave, a rare 3-family opportunity in the highly desirable Heights section of Jersey City. Whether you're an investor seeking strong upside or an owner-occupant looking to offset your mortgage, this property offers the perfect blend of income potential, flexibility, and location.The building features three separate units with individually metered utilities, making management efficient and expenses more predictable. Current rents are below market, presenting a clear opportunity for a new owner to increase income and maximize returns over time.Additional highlights include a highly valuable two-car garage plus two additional parking spaces a true premium in Jersey City adding both convenience and income potential.Ideally situated on a residential street while still close to NYC transportation, major highways, shopping, dining, and parks, this property benefits from strong tenant demand and long-term appreciation potential.Whether you choose to live in one unit and rent the others or fully capitalize on its income-producing capabilities, 143 Terrace Ave is a smart investment in one of Jersey City's most sought-after neighborhoods
Location
State NJ
County Hudson
Zoning RES
Rooms
Basement Unfinished
Interior
Heating Gas-Natural
Cooling Central Air
Heat Source Gas-Natural
Exterior
Exterior Feature See Remarks
Parking Features Attached Garage
Garage Spaces 2.0
Utilities Available All Underground
Roof Type Asphalt Shingle, Flat
Building
Sewer Public Sewer
Water Public Water
Architectural Style 3-Three Story
Others
Senior Community No
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