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$1,495,000
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Property Description
Welcome to this two-family residence located in a prime location in Downtown Jersey City, across the street from Village Park, offering deluxe amenities throughout. As you enter Unit 1, you are greeted with a spacious living room leading to an open kitchen with a breakfast bar and steel appliances, including a gas range, refrigerator, and dishwasher. Past the kitchen, discover a bedroom with a spacious walk-in closet and a bathroom. There is also a second bedroom and a bathroom, and a private backyard perfect for entertaining guests. Unit 2 features a large open-concept floor plan and a thoughtfully designed kitchen, revealing a full suite of high-quality stainless steel appliances, including a gas range, refrigerator, dishwasher and wine cooler. Granite countertops complement the stunning custom cabinetry, giving this space a warm, fresh feeling. Enjoy plenty of room on this level, which is ideal for entertaining family and friends alike. Across the way, discover a refreshed full bath boasting stunning finishes and the first of four bedrooms, presenting gleaming hardwood floors and a large built-in closet. Oversized skylights illuminate your travels to the top level of this home, which features three additional bedrooms. Each bedroom showcases gleaming hardwood floors, while the primary bedroom boasts an oversized walk-in closet. Two full baths and a washer + dryer complete the remainder of this charming home. Unit 1 is currently vacant, while Unit 2 is generating rental income. Both units are ready for its new owner/investor. Conveniently located near several dining options and major bus routes, and Grove Street PATH Station.
Full Property Details
Full Property Details for 385 1st St
General
- Price: $1,495,000
- Taxes: $25,838 (2024)
- Status: Under Contract
- Type: Multi-Family
- Source: Liberty_Board_Hudson_County_Hudson_MLS
- MLS ID: 250020295
- Updated: 10/27/2025
- Added to Site: 111 day(s) ago
Rooms
Bathrooms
- Total Bathrooms: 5
- Full Bathrooms: 5
- Level 3 - Full Baths: 2
- Level 2 - Full Baths: 1
- Level 1 - Full Baths: 2
Bedrooms
- Total Bedrooms: 6
- Bedrooms-L3: 3
- Bedrooms-L2: 1
- Bedrooms-L1: 2
Other Rooms
- Living Rooms: 2
- Living Room-L2: 1
- Living Room-L1: 1
- Kitchens: 2
- Kitchens-L2: 1
- Kitchens-L1: 1
- Dining Rooms: 2
- Dining Rooms-L2: 1
- Dining Rooms-L1: 1
Parking
- Parking Features: None
- Garage Description: None
Location
- County: Hudson
- Driving Directions: Brunswick & Colgate St
Heating & Cooling
- Cooling Type: A/C Central
- Heating Type: Hot Air, Gas
- Heating/Cooling: A/C Central, Hot Air, Gas
Structural Information
- Architectural Style: Row House, Other-See Remarks
- Exterior Const.: Aluminum/Vinyl, Brick
- Basement Desc.: Full, Unfinished
Lot Features
- Lot Dimensions: 30.50 x 70
Financial Considerations
- For Sale/Rent/Lease: For Sale
- Tax Amount: $25,838
- Tax Year: 2024
Disclosures and Reports
- Exclusions: All personal property.
- Inclusions: All major appliances as installed.
- Lead Paint Discl.: Yes
Listed by Serhant New Jersey Llc (973) 315-5959
Get Pre-Approved Today
Schools
Schools serving 385 1st St
School District:Jersey City School District
| Name | Grades | Distance |
|---|---|---|
Dr. Michael Conti School 182 Merseles Street, Jersey City, NJ 07302 | PK-8 | 0.1 mi |
James J. Ferris High School 35 Colgate Street, Jersey City, NJ 07302 | 9-12 | 0.2 mi |
William L. Dickinson High School 2 Palisade Avenue, Jersey City, NJ 07306 | 9-12 | 0.5 mi |
Lincoln High School 60 Crescent Avenue, Jersey City, NJ 07304 | 9-12 | 1 mi |
Henry Snyder High School 239 Bergen Avenue, Jersey City, NJ 07305 | 9-12 | 1.9 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 385 1st St
Date
Details
Price
Change
Source
10/01/2025
Listed
$1,495,000
398.33%
MLS
7/02/2012
Sold
$300,000
—
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 385 1st St
Year
Property Taxes
Change
Tax Assessment
Change
2024
$25,838
5%
$1,157,100
—
2022
$24,507
32%
$1,157,100
—
2021
$18,560
32%
$1,157,100
—
2021
$14,030
-21%
$1,157,100
—
2019
$17,819
233%
$1,157,100
221%
2018
$5,357
-81%
$360,000
—
2017
$28,080
1%
$360,000
—
2016
$27,724
309%
$360,000
298%
2015
$6,771
—
$90,500
—
2013
$6,757
—
$90,500
—
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 385 1st St
385 1st St, Jersey City, NJ 07302 (MLS# 250020295) is a Multi-Family property with units containing 6 bedrooms and 5 full bathrooms. 385 1st St is currently listed for $1,495,000 and was received on October 01, 2025. Want to learn more about 385 1st 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.

