93 Ocean Avenue

Off Market

93 Ocean Avenue

Jersey City NJ 07305

Duplex

Last sold for $482,500

WESAM FARAG, last sold this property on 01 November 2023 after -37 days on market.

Overview

2-Family with separate utilities & extremly low taxes. Great opportunity for investors to make this into a cash cow with over 6% projected cap rate or for first time home buyers to occupy 1 apartment while collecting rent from the other. Many approved developments in the making in this area, a great time to get in before values go up. Property is currently vacant

Features

5 bedrooms

3 bathrooms

1 carspace

1 garage space

Duplex

Estimated Value

Based on this property and similar 5 bedroom duplexes sold in Jersey City over the last 12 months, the estimated median property value of 93 Ocean Avenue is $620k.

Median value

$620k

Estimated value range

$444k - $950k

Median days on market

Estimated value trend

-6%

decrease over the last 12 months

Average days on market is based on recent, comparable sales in Jersey City. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 93 Ocean Avenue

2024

Rented

Undisclosed

01 Feb 2024 by BETTER HOMES&GARDENS RE MATURO

2023

Sold

$482,500

01 Nov 2023 by WESAM FARAG, of COLDWELL BANKER REALTY

Happy sellers in Jersey City

We have insufficient information to provide an overview of customer satisfaction for Jersey City. Viewing the agent profiles, reviews and sales for Jersey City can provide insights for this location.

Local market activity for 5 bedroom duplexes in Jersey City

In the last 12 months, 19 five-bedroom duplexes similar to 93 Ocean Avenue, have been sold.

This represents a 30% increase in five-bedroom duplexes sales when compared to the previous 12 months.

Sold

For Sale

Interested in selling?

People are reaching out to these agents in Jersey City for a market analysis.

Heather Corrigan

at REMAX Signature Homes | Closter

(160 reviews)

Get a market analysis

Carla Vonbyrden

at CENTURY 21 VIEWPOINT REALTY

Get a market analysis

TANIELLE POWELL

at PROMINENT PROPERTIES SOTHEBY'S INTERNATIONAL REALTY

Get a market analysis

ISREAL ADEYANJU

at NEW AND MODERN GROUP LLC

Get a market analysis

Nearby agents

Compare and contact these top performing agents who’ve delivered exception customer service for their clients in Jersey City

Heather Corrigan

Sellers who recommend Heather Corrigan have praised them for being responsive, local expert, clear communication, supportive, dedicated, persistent, and great negotiation