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$899,000 Just Listed

  • For Sale
  • Active
  • Multi-Family
  • 4 Total Beds
  • Updated 2 hours ago

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Open House: 1:00 PM - 5:00 PM

Saturday 8/29 1:00 PM - 5:00 PM

305 Summit Ave,Jersey City, NJ 07306

305 Summit AveJersey CityNJ07306

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Prime Investment Opportunity Excellent investment opportunity in a strategically located area of Jersey City! This property features two currently rented apartments, one commercial storefront, and a basement, Located on Summit Avenue, the property provides convenient access to major roads and transportation routes, including Route 1&9, NJ Turnpike, I-78, and other major Jersey City thoroughfares, making commuting to Downtown Jersey City, surrounding areas, and New York City convenient. The property is approximately 5 minutes from the Jersey City Courthouse and only 6 minutes from Journal Square, one of Jersey City's major transportation, business, and development hubs. With a combination of residential and commercial space Multiple income-producing components Excellent opportunity A great opportunity to acquire an income-producing residential and commercial property in a highly accessible Jersey City location.

Full Property Details for 305 Summit Ave

General

  • Price: $899,000
  • Taxes: $15,144 (2025)
  • Status: Active
  • Type: Multi-Family
  • Source: Garden_State
  • MLS ID: 4048771
  • Updated: 8/27/2026
  • Added to Site: 2 day(s) ago

Interior

  • Number of Rooms: 8

Rooms

Bathrooms

  • Total Bathrooms: 4
  • Full Bathrooms: 4

Bedrooms

  • Total Bedrooms: 4

Exterior

  • Exterior Features: Patio, See Remarks

Parking

  • Garage Description: On-Street Parking, See Remarks

Location

  • County: Hudson
  • Driving Directions: Property between Montgomery St and Summit Ave

School Information

  • Elementary School: MARTIN
  • Middle School: CONWELL
  • High School: LIBERTY

Heating & Cooling

  • Cooling Type: 3 Units
  • Heating Type: 3 Units
  • Heating Fuel: Natural Gas
  • Water Heater: See Remarks

Utilities

  • Sewer: See Remarks
  • Water: Public Water, See Remarks
  • Utility Description: Natural Gas

Structural Information

  • Architectural Style: See Remarks
  • Exterior Const.: Brick, CedarSid, SeeRem, Stone
  • Basement: Yes
  • Basement Desc.: Finished-Partially, Partial, Unfinished, Walk-Out
  • Roof: Asphalt Shingles, See Remarks
  • Year Built: 1978
  • Remodeled/Updated: 2020

Unit Information

Unit 1

  • Unit Description: Bedrooms, Dining Room, Family Room, Kitchen, Pantry, See Remarks
  • Square Feet: 555
  • Levels/Stories: 1
  • Total Bathrooms: 1
  • Bedrooms: 2

Unit 2

  • Unit Description: Bedrooms, Dining Room, Family Room, Kitchen, Pantry, See Remarks
  • Square Feet: 555
  • Levels/Stories: 1
  • Total Bathrooms: 1
  • Bedrooms: 2

Unit 3

  • Unit Description: Family Room, See Remarks
  • Square Feet: 1
  • Levels/Stories: 1
  • Total Bathrooms: 1
  • Bedrooms: 1

Lot Features

  • Lot Size (Acres): 0.07
  • Lot Dimensions: 23.87 x 124 AV.
  • Driveway/Sidewalk: On-Street Parking, See Remarks

Financial Considerations

  • Operating Expenses: $4
  • Assessment Amount: $416,500
  • Land Assmt: $232,100
  • Tax Amount: $15,144
  • Tax Year: 2025

Disclosures and Reports

  • Exclusions: Property As Is
  • Disclosures: Yes
  • Block: 12201
  • Lot Number: 30

Listed by Premier Homes

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Listing agent

— 305 Summit Ave —

  • Premier Homes

908-245-6767

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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 305 Summit Ave

School District:Jersey City School District
NameGradesDistance
Martin Luther King, Jr No. 11 Elementary School
886 Bergen Avenue, Jersey City, NJ 07306
PK-80.2 mi
William L. Dickinson High School
2 Palisade Avenue, Jersey City, NJ 07306
9-120.6 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 305 Summit Ave Get Price Alerts and Save Property

Date
Details
Price
Change
Source
8/25/2026
Listed
$899,000
898.89%
MLS
6/28/1990
Sold
$90,000
—
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 305 Summit Ave

Year
Property Taxes
Change
Tax Assessment
Change
2025
$15,145
10%
$648,600
—
2022
$13,737
32%
$648,600
—
2021
$10,404
—
$648,600
—
2020
$10,442
33%
$648,600
—
2021
$7,864
-21%
$648,600
—
2019
$9,988
579%
$648,600
556%
2018
$1,470
-81%
$98,800
—
2017
$7,706
1%
$98,800
—
2016
$7,609
3%
$98,800
—
2015
$7,392
—
$98,800
—
2013
$7,376
—
$98,800
—
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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305 Summit Ave, Jersey City, NJ 07306 (MLS# 4048771) is a Multi-Family property with 3 units containing 4 bedrooms and 4 full bathrooms. 305 Summit Ave is currently listed for $899,000 and was received on August 25, 2026. Want to learn more about 305 Summit Ave? Do you have questions about finding other Multi-Family 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.

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