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$895,000 Just Listed

  • For Sale
  • Active
  • Multi-Family
  • 2 Total Beds
  • Updated 2 days ago
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Investment property. 100% leased/occupied. 1017 West Side Avenue is a mixed-use building located in the Marion section of Journal Square, Jersey City, NJ. First floor: Commercial space occupied by the Jersey City Public Library. The library has been the tenant for many years. Long-term lease in place with a 4% annual rent increase ending May 2028. Tenant responsible for maintenance cost. Second floor: Residential unit consisting of 2 bedrooms, 1 bathroom, and a large private deck. Yearly lease. Tenants pay all utilities except water. Commercial space: 952 SF + large private garden of approximately 780 SF Residential apartment: 1,385 SF total (including finished basement) + outdoor deck of approximately 430 SF. Recent capital improvements: "¢New multi-zone split HVAC system for commercial space (2019) "¢New main copper water line with street shutoff valve (2021) "¢New silicone roof (2022) "¢Lead-safe certification passed (2024) Net Operating Income: $60,689 Cap Rate: 6.78% Before showings, proof of funds/letter of intent needed. Allow at least 48h prior any showings.

Full Property Details for 1017 West Side Ave

General

  • Price: $895,000
  • Status: Active
  • Type: Multi-Family
  • Source: Liberty_Board_Hudson_County_Hudson_MLS
  • MLS ID: 260000332
  • Updated: 1/11/2026
  • Added to Site: 6 day(s) ago

Rooms

Bathrooms

  • Total Bathrooms: 2
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Level 2 - Full Baths: 1
  • Level 1 - 1/2 Baths: 1

Bedrooms

  • Total Bedrooms: 2
  • Bedrooms-L2: 2

Other Rooms

  • Living Rooms: 2
  • Living Room-L2: 1
  • Living Room-L1: 1
  • Kitchens: 2
  • Kitchens-L2: 1
  • Kitchens-L1: 1

Parking

  • Parking Features: None
  • Garage Description: None

Location

  • County: Hudson
  • Driving Directions: Pavonia ave and Fox Pl

Heating & Cooling

  • Cooling Type: A/C Central, A/C Window
  • Heating Type: Baseboard, Electric, Gas, Radiators, Steam
  • Heating/Cooling: A/C Central, A/C Window, Baseboard, Electric, Gas, Radiators, Steam

Structural Information

  • Architectural Style: Other-See Remarks
  • Exterior Const.: Brick
  • Basement Desc.: Finished

Financial Considerations

  • For Sale/Rent/Lease: For Sale

Disclosures and Reports

  • Lead Paint Discl.: Yes

Listed by The Virtual Realty Group (212) 675-4393

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Listing agent

— 1017 West Side Ave —

  • The Virtual Realty Group

    212-675-4393

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 1017 West Side Ave

School District:Jersey City School District
NameGradesDistance
Mahatma K. Gandhi School
143 Romaine Avenue, Jersey City, NJ 07306
PK-80.2 mi
William L. Dickinson High School
2 Palisade Avenue, Jersey City, NJ 07306
9-121 mi
Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 1017 West Side Ave Get Price Alerts and Save Property

Date
Details
Price
Change
Source
1/11/2026
Listed
$895,000
123.75%
MLS
4/16/2019
Sold
$400,000
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 1017 West Side Ave

Year
Property Taxes
Change
Tax Assessment
Change
2024
$9,836
-1%
$440,500
—
2023
$9,898
6%
$440,500
—
2022
$9,330
32%
$440,500
—
2021
$7,066
—
$440,500
—
2020
$7,092
5%
$440,500
—
2019
$6,784
92%
$440,500
92%
2019
$3,525
456%
$228,900
437%
2018
$634
-81%
$42,600
—
2017
$3,323
1%
$42,600
—
2016
$3,281
3%
$42,600
-62%
2015
$3,187
—
$112,200
—
2013
$3,181
—
$112,200
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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*These costs are estimates, and the interest rates assume exceptional credit standing.

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NMLS#: 1598647

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Listed by The Virtual Realty Group (212) 675-4393

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1017 West Side Ave, Jersey City, NJ 07306 (MLS# 260000332) is a Multi-Family property with units containing 2 bedrooms, 1 full bathroom and 1 partial bathroom. 1017 West Side Ave is currently listed for $895,000 and was received on January 11, 2026. Want to learn more about 1017 West Side Ave? Do you have questions about finding other Multi-Family real estate for sale in Journal Square? You can browse all Journal Square real estate or contact a Coldwell Banker agent to request more information.

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