15 Freedom Pl, Jersey City, NJ, 07305
About This Home
This well-maintained income property features a highly functional layout designed to maximize rental revenue and minimize vacancy: ?Generous Living Spaces: Sun-drenched units featuring spacious living areas, high ceilings, and practical floor plans that easily accommodate modern furniture arrangements. ?Clean, updated kitchens equipped with durable cabinetry, dependable appliances, and plenty of prep space perfect for attracting high-quality, long-term tenants. ?Separated Utilities: Tenants pay their own ways! The property is structurally optimized with separate meters, keeping your landlord overhead low and predictable. ?Features a private rear yard space a highly coveted premium in Jersey City that makes this property instantly stand out to prospective renters with pets or a love for summer barbecues. ?If you’ve been watching the Jersey City market as closely as I have, you know the demand for quality rentals outside the high-priced waterfront has skyrocketed. ?Live comfortably in one unit while letting the rental income from the other unit heavily subsidize or entirely cover your monthly mortgage. ? Acquire a turnkey, low-maintenance asset in a neighborhood seeing steady appreciation, strong rental demand, and excellent cash-flow potential from day one. ?Location is everything, and 15 Freedom Place positions your tenants right where they want to be: ?Seamless Commutes: Easy access to local NJ Transit bus routes and a short distance to the Hudson-Bergen Light Rail and PATH system for a straightforward commute directly into downtown Jersey City, Hoboken, and Manhattan. ?Minutes away from the expansive Lincoln Park (featuring tennis courts, running trails, and lake views), local cafes, diverse dining options, and everyday shopping conveniences along Communipaw and West Side Avenues.
Getting Around
Car-Dependent
Some Transit
Somewhat BikeableSchools
Construction
Condition
- Year built: 1950
Materials
- Construction materials: Frame
Type & Style
- Home type: SingleFamily
Interior
Appliances
- Appliances included: Dryer,Range / Oven,Refrigerator,Washer
Basement
- Basement: Finished
Bedrooms & Bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 2
Features
- Flooring: Hardwood
Heating & Cooling
- Heating features: Baseboard,Electric,Gas
- Cooling features: Other
Interior Area
- Total interior livable area: 1,680 sqft
Property
Details
- Parcel number: 0624201000000019
Features
- Exterior features: Wood
Lot
- Lot size: 1,908 Acres
Parking
- Parking features: On-street
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
- Coastal Flooding
- Heat Wave
- Tsunami
How This Home’s Risks Compare
FEMA Declared Disasters Across New Jersey Counties
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
| Monthly | Annual | |
|---|---|---|
| Mortgage | $3,109 | $37,308 |
| Home Insurance * | $283 | $3,396 |
| Property Taxes | $1,081 | $12,972 |
| Electricity | $193 | $2,318 |
| Total | $4,666 | $55,992 |
Income You'd Need if You Spent...
New Jersey FAIR Plan Programs
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.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
No zestimate history available
Price History
| Date | Event | Price |
|---|---|---|
| 2026-07-13 | Price change | $615,000 |
| 2026-06-29 | Listed for sale | $478,000 |
| 2023-08-31 | Listing removed | -- |
| 2023-04-12 | Listed for rent | $3,100 |
| 2021-08-02 | Listing removed | -- |
| 2021-07-31 | Listed for rent | $3,350 |
| 2020-09-03 | Sold | $416,000 |
| 2002-06-03 | Sold | $135,000 |
| 1997-06-10 | Sold | $65,000 |
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