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$1,450,000
Property Description
Rare value-add investment opportunity in the heart of Downtown Jersey City. This unique offering consists of a three-unit brick row home plus an existing solid brick auxiliary dwelling unit (ADU), presenting multiple avenues for income growth or redevelopment. Ideally located in one of Jersey City's most desirable neighborhoods, the property is just moments from the Grove Street PATH Station and Newark Avenue Pedestrian Plaza, providing exceptional access to Manhattan and the best of urban living. Residents enjoy an unparalleled lifestyle surrounded by acclaimed restaurants, cafes, nightlife, boutique shopping, parks, and a vibrant community atmosphere that continues to drive strong rental demand and long-term value. Whether you're an investor, developer, or end-user seeking a compelling project with substantial upside potential, this is a rare opportunity to acquire a distinctive multi-family asset in a premier Downtown Jersey City location. Property being sold strictly as-is.
Full Property Details
Full Property Details for 224 Bay St
General
- Price: $1,450,000
- Taxes: $32,097 (2025)
- Status: Under Contract
- Type: Multi-Family
- Source: Liberty_Board_Hudson_County_Hudson_MLS
- MLS ID: 260012380
- Updated: 7/13/2026
- Added to Site: 19 day(s) ago
Rooms
Bathrooms
- Total Bathrooms: 3
- Full Bathrooms: 3
- Level 3 - Full Baths: 1
- Level 2 - Full Baths: 1
- Bsmt. - Full Baths: 1
- Lower - Full Baths: 1
Bedrooms
- Total Bedrooms: 7
- Bedrooms-L3: 2
- Bedrooms-L2: 2
- Bedrooms-L1: 2
- Bedrooms-B: 1
Other Rooms
- Living Rooms: 3
- Living Room-L3: 1
- Living Room-L2: 1
- Living Room-B: 1
- Kitchens: 2
- Kitchens-L2: 1
- Kitchens-B: 1
- Dining Rooms: 1
- Dining Rooms-L3: 1
Location
- Area: JC, Downtown
- County: Hudson
- Driving Directions: Erie & Grove
Heating & Cooling
- Heating/Cooling: Other-See Remarks
Structural Information
- Architectural Style: Row House
- Exterior Const.: Brick
- Basement Desc.: None
Lot Features
- Lot Dimensions: 25 x 100
Financial Considerations
- For Sale/Rent/Lease: For Sale
- Tax Amount: $32,097
- Tax Year: 2025
Disclosures and Reports
- Lead Paint Discl.: Yes
Listed by Corcoran Sawyer Smith (201) 420-7393
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Schools
Schools serving 224 Bay St
School District:Jersey City School District
| Name | Grades | Distance |
|---|---|---|
Rafael De J. Cordero No. 37 Elementary School 158 Erie Street, Jersey City, NJ 07302 | PK-8 | 0.5 mi |
James J. Ferris High School 35 Colgate Street, Jersey City, NJ 07302 | 9-12 | 0.6 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 224 Bay St
Date
Details
Price
Change
Source
6/24/2026
Listed
$1,450,000
2357.63%
MLS
10/22/1996
Sold
$59,000
—
Public Record
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
Tax History for 224 Bay St
Year
Property Taxes
Change
Tax Assessment
Change
2025
$32,347
11%
$1,385,300
—
2022
$29,091
32%
$1,385,300
—
2021
$21,970
32%
$1,385,300
—
2021
$16,609
-22%
$1,385,300
—
2019
$21,334
734%
$1,385,300
705%
2018
$2,559
-81%
$172,000
—
2017
$13,416
1%
$172,000
—
2016
$13,246
3%
$172,000
—
2015
$12,869
—
$172,000
—
2013
$12,842
—
$172,000
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 224 Bay St
224 Bay St, Jersey City, NJ 07302 (MLS# 260012380) is a Multi-Family property with units containing 7 bedrooms and 3 full bathrooms. 224 Bay St is currently listed for $1,450,000 and was received on June 24, 2026. Want to learn more about 224 Bay St? Do you have questions about finding other Multi-Family real estate for sale in Downtown? You can browse all Downtown real estate or contact a Coldwell Banker agent to request more information.
