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$786,000
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Property Description
This beautifully maintained two-family home offers the perfect blend of comfort, convenience, and income potential ideal for both homeowners and investors. The first-floor unit features 2 bedrooms, 1 full bathroom, a cozy living room, and a well-equipped kitchen. With a mix of gleaming wood floors and ceramic tile, the space is both stylish and functional. The second-floor unit includes 3 spacious bedrooms, 2 full bathrooms, a large living room, a bright kitchen, and an in-unit washer and dryer. It also features beautiful wood and tile flooring throughout. Additional highlights include central air in both units, separate utilities, and a private backyard perfect for relaxing or entertaining. There's also an unfinished basement, offering plenty of storage space or future potential. Both units are on month-to-month leases, giving you flexibility and immediate rental income. Conveniently located near major highways, shopping centers, and public transportation, this home is in a high-demand area. Whether you're looking to live in one unit and rent out the other, lease both, or enjoy a multi-generational setup this property has it all. Don't miss your chance to own this versatile, move-in-ready home with strong income potential!
Full Property Details
Full Property Details for 158 Terrace Ave
General
- Sold For: $786,000
- Taxes: $8,727 (2023)
- Status: Closed
- Type: Duplex
- Source: Middlesex
- MLS ID: 2600377R
- Added to Site: 227 day(s) ago
Rental Information
- Lease/Rent Term: Unit 1(Month-Month), Unit 2(Month-Month)
Interior
- Interior Features: Unit 1(2 Bedrooms, Kitchen, 1 Bath, Living Room), Unit 2(3 Bedrooms, Kitchen, Living Room, 2+ Baths)
- Appliances: Water Heater(Gas), Water Heater, Unit 1(Range/Oven, Refrigerator), Unit 2(Dryer, Range/Oven, Refrigerator, Washer)
Rooms
Other Rooms
- Living Room: 2,000 Sq. Ft.
Location
- County: Hudson
Heating & Cooling
- Cooling Type: A/C Central - All, Ceiling Fan(s), A/C Wall Unit(s), A/C Window Unit(s), Unit 1(A/C Central), Unit 2(A/C Central)
- Heating Type: Forced Air
Utilities
- Gas: Natural Gas
- Sewer: Public Sewer
- Water: Public
- Utility Description: Electricity Connected, Natural Gas Connected
Structural Information
- Basement Desc.: Partial, Storage Space
- Stories/Levels: 2
- Square Feet: 2,000
- Year Built: 1890
Lot Features
- Lot Size (Acres): 0.0574
- Lot Size (Sq. Ft.): 2,500
- Lot Dimensions: 100.00 x 0.00
- Lot Features: See Remarks
- Zoning: R-1
- Lot Description: See Remarks
Financial Considerations
- Tax Amount: $8,727
- Tax Year: 2023
- Terms: Unit 1(Month-Month), Unit 2(Month-Month)
Disclosures and Reports
- Property ID: 602503000000021
Legacy Realty Group
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Schools
Schools serving 158 Terrace Ave
School District:Jersey City School District
| Name | Grades | Distance |
|---|---|---|
Nicolas Copernicus No. 25 Elementary School 3385 John F. Kennedy Boulevard, Jersey City, NJ 07307 | PK-5 | 0.2 mi |
Franklin L Williams Ms No7 222 Laidlaw Avenue, Jersey City, NJ 07306 | 6-8 | 0.8 mi |
William L. Dickinson High School 2 Palisade Avenue, Jersey City, NJ 07306 | 9-12 | 1.5 mi |
James J. Ferris High School 35 Colgate Street, Jersey City, NJ 07302 | 9-12 | 2.1 mi |
Lincoln High School 60 Crescent Avenue, Jersey City, NJ 07304 | 9-12 | 2.5 mi |
Henry Snyder High School 239 Bergen Avenue, Jersey City, NJ 07305 | 9-12 | 3.2 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 158 Terrace Ave
Date
Details
Price
Change
Source
10/30/2025
Sold
$786,000
-1.13%
MLS
7/08/2025
Listed
$795,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
158 Terrace Avenue, Jersey City, NJ 07307 (MLS# 2600377R) is a Duplex property that was sold at $786,000 on October 30, 2025. Want to learn more about 158 Terrace Avenue? Do you have questions about finding other Duplex real estate for sale in Jersey City? You can browse all Jersey City real estate or contact a Coldwell Banker agent to request more information.

