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348.5 5th St, Jersey City, NJ, 07302

4beds
6baths
--sqft
$1,999,000
--price/sqft
$13,375/moest. monthly cost
$535,000/yrincome needed

About This Home

Experience the perfect blend of luxury, space, and investment potential in this stunning four-story, two-family residence, ideally located in the heart of Downtown Jersey City. This exceptional property features two expansive duplex residences, each offering approximately 1,400+ square feet of thoughtfully designed living space across two full floors. Both units showcase beautiful hardwood flooring throughout, spacious layouts, generous closet space, and the convenience of an in-unit washer and dryer. Every bedroom is complemented by its own private en-suite full bathroom, creating an ideal balance of comfort and privacy. A rare bonus for Downtown Jersey City, the home offers convenient parking directly in front of the property, adding to its everyday appeal. Both units are currently tenant-occupied with leases in place through April-May 2027, providing immediate, stable rental income for investors seeking a turnkey asset. Located just moments from the PATH train, acclaimed restaurants, boutique shopping, parks, and the vibrant energy of Downtown Jersey City, this is a rare opportunity to own a beautifully designed, income-producing property in one of the area's most sought-after neighborhoods. Unit1: approx. 1,400 sqft / one parking space, backyard Duplex: 1st floor: Kitchen, half bath, large dining & living, 2nd floor: 2 bedrooms and 2 full bedrooms. Unit2: approx.1,500 sqft / one parking space Duplex: 3rd floor: Kitchen, half bath, large dining & living, 4th floor: 2 bedrooms and 2 full bedrooms+ den

Getting Around

98
WalkingWalker's Paradise
80
TransitExcellent Transit
79
BikeVery Bikeable

Schools

7/10
Dr. Michael Conti SchoolGrades PK-80.2 mi
2/10

Construction

Materials

  • Construction materials: Brick,Shingle Siding

Type & Style

  • Home type: MultiFamily
  • Architectural style: Multi Level
  • Property subType: Multi Family

Interior

Basement

  • Basement: None

Bedrooms & Bathrooms

  • Bedrooms: 4
  • Bathrooms: 6
  • Full bathrooms: 4
  • 1/2 bathrooms: 2

Cooling

  • Cooling features: Wall Unit(s)

Property

Parking

  • Parking features: 2 Cars