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107 OCEAN AVE, Jersey City, NJ, 07305

--beds
--baths
--sqft
$599,000
--price/sqft
$4,275/moest. monthly cost
$171,000/yrincome needed

About This Home

3 unit mixed use property offering immediate income and upside. conveniently located in Greenville, JC. Ground floor commercial space is leased, providing stable in place income. The 2nd and 3rd floors are VACANT, move-in ready, featuring 3 bedrooms 1 bath per unit. 107 Ocean offers flexibility for an owner occupant and the opportunity to lease at current market rents. Separate utilities and low taxes. Schedule you showing today!

Getting Around

82
WalkingVery Walkable
71
TransitExcellent Transit
64
BikeBikeable

Construction

Type & Style

  • Home type: MultiFamily
  • Property subType: Multi Family

Property

Lot

  • Lot size: 1,971 sqft
  • Lot size dimensions: 19.71 x 100

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Heat Wave
    Heat WaveRelatively High
  • Cold Wave
    Cold WaveModerate
  • Strong Wind
    Strong WindModerate
  • Winter Weather
    Winter WeatherModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Heat Wave
Cold Wave
Strong Wind
Winter Weather
Tsunami

FEMA Declared Disasters Across New Jersey Counties

Fire
Severe Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $3,028$36,336
Home Insurance *$276$3,312
Property Taxes $778$9,336
Electricity $193$2,318
Total$4,275$51,300
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$146,571/yr
40% on housing$128,250/yr
45% on housing$114,000/yr

New Jersey FAIR Plan Programs

New Jersey Insurance Underwriting Association

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 7,029Commercial: 173
Total Premiums$5.54M
Total Exposure$1.19B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 9.6%
9.6%
0%30.0%
Electricity Growth Rate10-year average: 7.1%
7.1%
0%15.0%
Property Taxes Growth Rate2-year average: -1.5%
-1.5%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

--This listing

vs Other Active Listings

Avg $/sqft

ZIP 07305$368
Hudson County$473

vs Homes Sold Last Month

Median $/sqft

ZIP 07305$388
Hudson County$411

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-07-24Listed for sale$599,000
2021-03-24Listing removed--
2019-04-25Listing removed$1,600
2019-04-05Listed for rent$1,600
2019-01-03Listing removed$1,425
2018-12-02Price change$1,425
2018-11-22Price change$1,495
2018-11-20Listed for rent$1,549
2017-09-16Listing removed$1,600
2017-09-09Listed for rent$1,600

For Sale by Agent

AgentMordy Abelesz
BrokerageEXP REALTY LLC

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