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302 Arlington Ave, Jersey City, NJ, 07304

9beds
3baths
--sqft
$1,180,000
--price/sqft
$8,743/moest. monthly cost
$349,720/yrincome needed

About This Home

Well-located LEGAL 3-family property in the Bergen-Lafayette section of Jersey City offering a total of 9 bedrooms and 3 full baths, with three units each featuring 3 bedrooms and 1 bath. Conveniently situated approximately a 5–6 minute walk to the Garfield Avenue Light Rail Station and just a 4–5 minute drive to Downtown Jersey City. Close to Berry Lane Park and neighborhood amenities. Enjoy NYC skyline views from the top floor. The property offers multiple value-add opportunities, including a high-ceiling basement that may be finished for additional usable space. Unit 2 offers potential to be configured as a 4-bedroom, providing additional upside for investors. Units are equipped with mini-split systems throughout. Property may offer potential for a basement ADU; buyer to perform their own due diligence. A strong opportunity for investors or owner-occupants seeking long-term upside in a rapidly developing Jersey City neighborhood.

Getting Around

80
WalkingVery Walkable
73
TransitExcellent Transit
55
BikeBikeable

Schools

3/10
Ollie Culbreth Jr. SchoolGrades PK-80.3 mi
1/10
Lincoln High SchoolGrades 9-120.4 mi

Construction

Materials

  • Construction materials: Aluminum Siding

Type & Style

  • Home type: MultiFamily
  • Architectural style: Colonial

Interior

Basement

  • Has basement: Yes
  • Basement: Unfinished

Bedrooms & Bathrooms

  • Bedrooms: 9
  • Bathrooms: 3
  • Full bathrooms: 3

Heating & Cooling

  • Heating features: Heat Pump
  • Cooling features: Heat Pump

Property

Details

  • Parcel number: 0619801000000017

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
  • Cold Wave
    Cold WaveModerate
  • Inland Flooding
    Inland FloodingModerate
  • Strong Wind
    Strong WindModerate
  • Winter Weather
    Winter WeatherModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Heat Wave
Cold Wave
Inland Flooding
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 $5,966$71,592
Home Insurance *$510$6,120
Property Taxes $2,074$24,888
Electricity $193$2,318
Total$8,743$104,916
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$299,760/yr
40% on housing$262,290/yr
45% on housing$233,146/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 07304$383
Hudson County$472

vs Homes Sold Last Month

Median $/sqft

ZIP 07304$412
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
2026-03-30Listed for sale$1,180,000
2026-03-08Listing removed$1,179,999
2025-12-14Listed for sale$1,179,999
2024-02-24Listing removed--
2023-10-15Listed for sale$899,999
2023-09-18Listing removed--
2023-09-12Price change$899,999
2023-08-31Listed for sale$849,000
2021-02-25Sold$655,000
2021-01-28Listed for sale$649,900
2007-10-19Sold$470,000
2003-02-20Sold$175,000

For Sale by Agent

AgentSURAJ SHARMA
BrokerageREALTY OF AMERICA LLC

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