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$850,000

  • Sold
  • Closed
  • Multi-Family
  • 2 Total Beds
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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

  • Sold For: $850,000
  • Status: Closed
  • Type: Multi-Family
  • Source: Liberty_Board_Hudson_County_Hudson_MLS
  • MLS ID: 260000332
  • Added to Site: 137 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

  • Area: JC, Journal Square
  • County: Hudson
  • Driving Directions: Pavonia ave and Fox Pl

Heating & Cooling

  • Cooling Type: A/C Central, A/C Window
  • 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
  • Section: Journal Square

The Virtual Realty Group (212) 675-4393

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 ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 1017 West Side Ave

Date
Details
Price
Change
Source
4/16/2026
Sold
$850,000
-5.03%
MLS
1/11/2026
Listed
$895,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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 that was sold at $850,000 on April 16, 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.