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$1,700,000
Property Description
This four family building on a 25 X 95 lot, with garage parking in the rear, is in a fantastic Downtown Jersey City location, close to Hamilton Park and the Grove St PATH. The zoning is RC-3 and it is not in the historic zone. Directly backing up to The Embankment which is slated to become a massive park reminiscent of Manhattan's The High Line. Great opportunity to hold with rental income or develop into four luxury condos. All four apartments pay their own gas, electric, heat, and hot water. Rear garage fits two car side by side.
Full Property Details
Full Property Details for 318 5th St
General
- Price: $1,700,000
- Taxes: $32,940 (2025)
- Status: Active
- Type: Multi-Family
- Source: Liberty_Board_Hudson_County_Hudson_MLS
- MLS ID: 260011261
- Updated: 6/12/2026
- Added to Site: 14 day(s) ago
Rooms
Bathrooms
- Total Bathrooms: 4
- Full Bathrooms: 4
- Level 4 - Full Baths: 1
- Level 3 - Full Baths: 1
- Level 2 - Full Baths: 1
- Level 1 - Full Baths: 1
Bedrooms
- Total Bedrooms: 7
- Bedrooms-L4: 2
- Bedrooms-L3: 1
- Bedrooms-L2: 2
- Bedrooms-L1: 2
Other Rooms
- Living Rooms: 4
- Living Room-L4: 1
- Living Room-L3: 1
- Living Room-L2: 1
- Living Room-L1: 1
- Kitchens: 4
- Kitchens-L4: 1
- Kitchens-L3: 1
- Kitchens-L2: 1
- Kitchens-L1: 1
Location
- Area: JC, Downtown
- County: Hudson
- Driving Directions: Coles and Monmouth
Heating & Cooling
- Heating/Cooling: Baseboard, Gas
Structural Information
- Architectural Style: Colonial
- Exterior Const.: Stucco, Other-See Remarks
- Basement Desc.: Finished
Lot Features
- Lot Dimensions: 25 x 95
Financial Considerations
- For Sale/Rent/Lease: For Sale
- Assessment Year: 2025
- Tax Amount: $32,940
- Tax Year: 2025
Disclosures and Reports
- Exclusions: Personal
- Inclusions: Fixtures & Appliances
- Lead Paint Discl.: Yes
Listed by Corcoran Sawyer Smith (201) 420-7393
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Schools
Schools serving 318 5th St
School District:Jersey City School District
| Name | Grades | Distance |
|---|---|---|
Dr. Michael Conti School 182 Merseles Street, Jersey City, NJ 07302 | PK-8 | 0.2 mi |
James J. Ferris High School 35 Colgate Street, Jersey City, NJ 07302 | 9-12 | 0.4 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 318 5th St
Date
Details
Price
Change
Source
6/10/2026
Listed
$1,700,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 318 5th St
Year
Property Taxes
Change
Tax Assessment
Change
2024
$31,501
5%
$1,410,700
—
2022
$29,879
32%
$1,410,700
—
2021
$22,628
—
$1,410,700
—
2020
$22,712
33%
$1,410,700
—
2021
$17,104
-21%
$1,410,700
—
2019
$21,725
907%
$1,410,700
873%
2018
$2,158
-81%
$145,000
—
2017
$11,310
1%
$145,000
—
2016
$11,166
3%
$145,000
—
2015
$10,849
—
$145,000
—
2013
$10,826
—
$145,000
—
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 318 5th St
318 5th St, Jersey City, NJ 07302 (MLS# 260011261) is a Multi-Family property with units containing 7 bedrooms and 4 full bathrooms. 318 5th St is currently listed for $1,700,000 and was received on June 10, 2026. Want to learn more about 318 5th 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.
