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77 Wallis Ave, Jersey City, NJ, 07306

5beds
3baths
--sqft
$699,000
--price/sqft
$5,107/moest. monthly cost
$204,280/yrincome needed

About This Home

Welcome to 77 Wallis Ave a 5 Bedroom 3 Bathroom 2-family property with excellent potential for both homeowners and investors. Featuring two separate units, this property offers flexibility for rental income, multi-generational living, or a value-add opportunity. The home provides a great foundation for further renovation or customization, making it ideal for buyers looking to enhance value and maximize its full potential. With generously sized rooms and a versatile layout, the property is well-suited for creating long-term income or tailoring the space to fit your vision. A spacious outdoor area adds even more appeal, offering endless possibilities for improvement, expansion, or entertaining. Located in Journal Square are of Jersey City, the property is just minutes from the PATH train for a convenient commute to New York City. Enjoy close proximity to the vibrant Journal Square district, known for its growing dining, shopping, and ongoing development. Also nearby is Newark Liberty International Airport, along with easy access to major highways for added convenience. A great opportunity to own a 2-family property with strong upside in a rapidly developing neighborhood. Potential rental income

Getting Around

85
WalkingVery Walkable
69
TransitGood Transit
61
BikeBikeable

Schools

5/10
Mahatma K. Gandhi SchoolGrades PK-80.4 mi

Construction

Materials

  • Construction materials: Aluminum Siding,Brick

Type & Style

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

Interior

Basement

  • Has basement: Yes
  • Basement: Unfinished

Bedrooms & Bathrooms

  • Bedrooms: 5
  • Bathrooms: 3
  • Full bathrooms: 3

Heating & Cooling

  • Heating features: Baseboard,Natural Gas,Hot Water,See Remarks
  • Cooling features: Window Unit(s),Gas,Other

Property

Details

  • Parcel number: 0610203000000045

Parking

  • Parking features: None

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
  • Inland Flooding
    Inland FloodingRelatively High
  • Coastal Flooding
    Coastal FloodingModerate
  • Cold Wave
    Cold WaveModerate
  • Earthquake
    EarthquakeModerate
  • Strong Wind
    Strong WindModerate
  • Winter Weather
    Winter WeatherModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Heat Wave
Inland Flooding
Coastal Flooding
Cold Wave
Earthquake
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 $3,534$42,408
Home Insurance *$251$3,012
Property Taxes $1,129$13,548
Electricity $193$2,318
Total$5,107$61,284
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$175,097/yr
40% on housing$153,210/yr
45% on housing$136,186/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 07306$414
Hudson County$473

vs Homes Sold Last Month

Median $/sqft

ZIP 07306$505
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
2026-05-06Listed for sale$649,000
2026-04-22Listing removed$780,000
2026-03-26Listed for sale$780,000
2026-03-25Listing removed$805,000
2026-03-10Listed for sale$805,000
2025-05-28Listing removed$675,000
2025-05-06Listed for sale$675,000
2019-07-01Listing removed$545,000
2019-04-15Price change$545,000
2019-01-03Listed for sale$560,000
2016-06-28Sold$251,000
2016-05-02Price change$228,000
2015-12-16Listed for sale$250,000
2015-11-11Listing removed$335,000
2015-10-05Listed for sale$335,000
2007-01-08Sold$315,000
2005-12-28Sold$255,000
2005-08-19Sold$555,000

For Sale by Agent

AgentNATASHA PERSAUD
BrokeragePROVIDENT LEGACY REAL ESTATE SERVICES LLC

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