




245 Jewett Ave, Jersey City, NJ, 07304
About This Home
Located in the heart of Jersey City, 245 Jewett Ave offers the kind of flexibility buyers are always looking for. This beautiful two-family home features a standout duplex-style first unit with 4 bedrooms, two separate living areas, and a clean, modern design throughout. High-end finishes and a tankless water heater add both style and efficiency, creating a space that feels more like a single-family home than a typical multi. The layout works just as well for an owner-occupant as it does for an investor—live comfortably in the duplex while generating income from the second-floor unit, which is currently tenant-occupied with a lease in place through July. The separation of space makes it easy to enjoy privacy while still benefiting from steady rental cash flow. Adding to the upside, the current owner has already secured approvals from the town and in accordance with bylaws to convert the property into two condominiums—giving the next owner a valuable head start on a high-potential exit strategy. Set in one of Jersey City’s fastest-growing neighborhoods, you’re close to Liberty State Park, light rail access, local shops, and everyday conveniences. Bergen-Lafayette continues to see strong demand, making this a smart long-term hold or immediate income-producing asset. Whether you’re looking to invest or settle into a home with built-in upside, this property checks both boxes without compromise.
Getting Around
Schools
Construction
Materials
- Construction materials: Aluminum Siding,Stone
Type & Style
- Home type: MultiFamily
- Architectural style: Other
- Property subType: Multi Family
Interior
Basement
- Has basement: Yes
- Basement: Finished,Full,Walk-Out Access
Bedrooms & Bathrooms
- Bedrooms: 7
- Bathrooms: 5
- Full bathrooms: 4
- 1/2 bathrooms: 1
Heating & Cooling
- Heating features: See Remarks
- Cooling features: Central Air,Other
Property
Details
- Parcel number: 0616402000000009
- Exclusions: See remarks
Parking
- Parking features: 1 Car,See Remarks
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
- Cold Wave
- Strong Wind
- Winter Weather
- 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 | $5,031 | $60,372 |
| Home Insurance * | $430 | $5,160 |
| Property Taxes | $1,749 | $20,988 |
| Electricity | $193 | $2,318 |
| Total | $7,403 | $88,836 |
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)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-04-23 | Listed for sale | $995,000 |
| 2019-12-06 | Sold | $846,000 |
| 2019-10-21 | Listed for sale | $999,999 |
| 2019-10-21 | Pending sale | $999,999 |
| 2019-07-31 | Listed for sale | $999,999 |
| 2018-10-04 | Sold | $400,000 |
| 2018-07-05 | Listing removed | $439,000 |
| 2018-06-10 | Listed for sale | $439,000 |
