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194 Kensington Ave #303, Jersey City, NJ, 07306

1beds
1baths
504sqft
$239,000
$474price/sqft
$1,796/moest. monthly cost
$71,840/yrincome needed

About This Home

Beautifully renovated 1-bedroom, 1-bath apartment in the heart of Jersey City! This move-in-ready unit has been fully renovated and features a modern kitchen, updated bathroom, and stylish finishes throughout. Conveniently located in a desirable neighborhood directly across from the beautiful Lincoln Park, offering trails, sports facilities, and green space to enjoy year-round. Close to public transportation, couple blocks from the Journal Square transportation center, PATH, shopping, dining, and major highways, making commuting a breeze. Don't miss this opportunity to live in a fantastic location with comfort and convenience at your doorstep!

Getting Around

91
WalkingWalker's Paradise
63
TransitGood Transit
72
BikeVery Bikeable

Construction

Condition

  • Year built: 1925

Materials

  • Roof: See Remarks

Type & Style

  • Home type: Condo
  • Architectural style: Colonial, Remarks
  • Property subType: Condominium

Interior

Appliances

  • Appliances included: Dishwasher,Gas Range/Oven,Microwave,Refrigerator,Range,Electric Water Heater

Basement

  • Area: 0

Bedrooms & Bathrooms

  • Bedrooms: 1
  • Bathrooms: 1
  • Full bathrooms: 1

Dining Room

  • Features: Formal Dining Room

Features

  • 1 Bedroom,Kitchen,Bath Half,Living Room,Dining Room,None
  • Flooring: Wood

Heating & Cooling

  • Heating features: Radiant,See Remarks
  • Cooling features: Window Unit(s)

Interior Area

  • Total structure area: 504
  • Total interior livable area: 504 sqft

Kitchen

  • Features: Granite/Corian Countertops, Eat-in Kitchen

Property

Details

  • Parcel number: 06162020000000240000C0303

Features

  • Levels: Three Or More
  • Stories: 1

Lot

  • Lot size: 4,260 sqft
  • Features: See Remarks
  • Lot size dimensions: 106.00 x 0.00

Parking

  • Parking features: Additional Parking,See Remarks
  • Has uncovered spaces: Yes

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
  • Earthquake
    EarthquakeModerate
  • 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
Earthquake
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 $1,208$14,496
Home Insurance *$85$1,020
Property Taxes $310$3,720
Electricity $193$2,318
Total$1,796$21,552
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$61,577/yr
40% on housing$53,880/yr
45% on housing$47,893/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

$474This listing

vs Other Active Listings

Avg $/sqft

ZIP 07306$419
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)

No zestimate history available

Price History

DateEventPrice
2026-08-06Price change$229,999
2026-07-20Listed for sale$239,000

For Sale by Agent

AgentI CRISTINA S. LACERDA
BrokerageLACERDA REALTORS

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