197 Garfield Ave, Jersey City, NJ, 07305
About This Home
Excellent Investment Opportunity in this stunning 2 Family Home in thriving Jersey City! Offering over 3100+ sq ft of luxurious finished living in a prime commuter location, meticulously maintained, with dual Master Suites, Finished Basement, private Rooftop, and Garage parking, just pack your bags and move right in! Unit 1 is vacant while Unit 2 is occupied, creating an immediate income stream. Each unit offers 3 bedrooms, and 2 full baths, including a blissful Master Suite with dual closets, ensuite full bath, and private balcony. Gleaming hardwood flooring throughout and a crisp neutral palette makes it easy to customize. Spacious open living/dining combo makes for seamless living and entertaining. Both units are adorned with a cozy recessed wall mounted fireplace that is perfect for the season. Each gorgeous eat-in-kitchen will delight any home chef, offering sleek SS appliances, delightful breakfast bar, waterfall quartz countertops, and high gloss acrylic cabinets. Unit 1 has access to the full finished basement, boasting a large, versatile rec room that is great for a home office, along with a convenient 1/2 bath. Unit 2 has its own access to the peaceful, private rooftop, offering a partial deck and turf that is great for outdoor entertaining, with fantastic views of the city skyline. Quaint fenced-in backyard with private patio adds to the package. Central air/forced heat, in-unit washer & dryers, 2 non-tandem garage parking spaces, the list goes on! Perfectly appointed on a prime corner lot, just 3 blocks from the Danforth Light Rail, steps to the bus line, shopping, conveniences, close to major roads, and more. Don't miss out! Claim your slice of Jersey City today!
Getting Around
Very Walkable
Excellent Transit
BikeableSchools
Construction
Condition
- Year built: 2020
Materials
- Roof: Flat
Type & Style
- Home type: MultiFamily
- Property subType: Multi Family
Interior
Appliances
- Appliances included: Water Heater(See Remarks,Gas),Water Heater,Unit 1(Dryer,Range/Oven,Refrigerator,Washer),Unit 2(Range/Oven,Refrigerator)
Basement
- Has basement: Yes
- Basement: Finished, Bath Half, Recreation Room, Tenant Use, Interior Entry, Laundry Facilities
Bedrooms & Bathrooms
- Bedrooms: 6
- Bathrooms: 4
Features
- Unit 1(Dining Room,3 Bedrooms,Kitchen,Laundry Hookup,Living Room,2+ Baths),Unit 2(Dining Room,3 Bedrooms,Kitchen,Living Room,2+ Baths)
- Window features: Blinds
Heating & Cooling
- Heating features: Forced Air,Space Heater
- Cooling features: A/C Central - All,Unit 1(A/C Central),Unit 2(A/C Central)
Interior Area
- Total structure area: 3,192
- Total interior livable area: 3,192 sqft
Property
Details
- Parcel number: 062940100000002902
Features
- Stories: 3
- Patio & porch: Patio,Porch(es) - Open,Deck,Porch
- Exterior features: Patio,Curbs,Porch(es) - Open,Deck,Door(s)-Storm/Screen,Sidewalk,Fencing/Wall,Yard,Blinds,Porch,Private Entrance
- Fencing: Fencing/Wall
Lot
- Lot size: 2,369 sqft
- Features: Corner Lot,Level,Near Public Transit
- Lot size dimensions: 0.00 x 0.00
Parking
- Total spaces: 2
- Parking features: Garage,Attached,Built-In Garage,Detached,Garage Door Opener,1-2 Car Parking,Paved
- Has garage: Yes
- Attached garage spaces: 2
- Covered spaces: 2
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 | $5,435 | $65,220 |
| Home Insurance * | $496 | $5,952 |
| Property Taxes | $205 | $2,460 |
| Electricity | $351 | $4,222 |
| Total | $6,487 | $77,844 |
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 |
|---|---|---|
| 2026-06-16 | Listed for sale | $1,075,000 |
| 2026-03-30 | Contingent | $1,075,000 |
| 2026-02-13 | Price change | $1,075,000 |
| 2026-01-07 | Listed for sale | $1,150,000 |
| 2020-07-02 | Sold | $795,000 |
| 2020-05-14 | Listed for sale | $799,000 |
| 2020-04-17 | Pending sale | $799,000 |
| 2019-12-22 | Listed for sale | $799,000 |
| 2017-07-31 | Sold | $290,000 |
| 2017-04-04 | Sold | $130,000 |
| 2015-11-10 | Listing removed | $150,000 |
| 2015-09-29 | Listed for sale | $150,000 |
| 2015-08-10 | Listing removed | $150,000 |
| 2015-08-05 | Listed for sale | $150,000 |
For Sale by Agent
View on Zillow