Great investment opportunity in jersey city s bergen lafayette section presenting a fantastic multi family home in the highly desirable bergen lafayette neighborhood of jersey city this property is currently configured as seven 1 bedroom units each with some modern upgrades and renovations including updated utilities while the property does require some finish work and repairs it offers enormous upside potential for the right buyer situated in a rapidly developing area this home benefits from being in close proximity to local parks schools shops and restaurants the bergen lafayette section is known for its vibrant community diverse culture and convenient access to public transportation making it a prime location for renters and homeowners alike the neighborhood is experiencing significant growth which adds great value to this investment opportunity please note that the buyer will be responsible for completing the necessary city approvals to ensure the legal usage of the units however with the right vision and investment this property can be transformed into a highly profitable asset don t miss out on this incredible opportunity to own a piece of jersey city s future schedule a showing today
Listed by Michael Morris
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License #614011568
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VYLLA HOME
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856-206-0413
Last updated August 21, 2025
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Source: HCMLS #240024247
Listing Facts
TypeMulti-family
NeighborhoodThe Junction
Days on Prevu254
HOA/Maint. Fees$2/month
Taxes$1,023.83/month
Location
Mortgage Calculator
Listing History
08/21/2025
Price Decreased
$850,000
07/10/2025
Price Decreased
$925,000
06/14/2025
Price Decreased
$965,000
03/11/2025
Price Decreased
$1,035,500
02/06/2025
Price Decreased
$1,090,000
01/09/2025
Price Decreased
$1,215,000
12/26/2024
Listed by VYLLA HOME
$1,335,000
Property Details for 529 Communipaw Ave
Exterior
Measurements
Lot Size Dimensions: 20,109
Financial
Taxes
Tax Annual Amount: $12,286.00
Tax Assessed Value: $551,200.00
Tax Year: 2023
Interior
Rooms
Bathrooms Half: 6
Bedrooms Total: 7
Other
Location
Subdivision Name: NJ
Tax Block: 18702
Tax Lot: 10
Based on information from HCMLS and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by Prevu or the MLS. Information is provided exclusively for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing.
Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.