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$2,999,000
Property Description
Introducing an exceptional investment opportunity in the heart of historic downtown Jersey City-with a 5.5% cap rate. This fully gut-renovated 25x100 four-family brownstone effortlessly blends classic charm with modern convenience. Thoughtfully redesigned from top to bottom, each unit offers a unique and inviting living experience. Unit 1 features a spacious 1-bedroom, 1-bathroom layout with a flexible den-perfect for a home office or guest space-and an open-concept design that creates a seamless flow throughout. Unit 2 offers 2 bright bedrooms and 1 bathroom, highlighted by tasteful finishes and an abundance of natural light. Units 3 and 4 each boast 2 bedrooms and 2 bathrooms, including en-suite options that add comfort and privacy. Across all units, you'll find stylish stainless steel appliances, in-unit washer/dryers, exposed brick accents, and large windows that fill the space with natural sunlight. A shared backyard serves as a peaceful urban retreat, ideal for relaxing or entertaining.With a strong projected cap rate , this brownstone is not only beautifully renovated but also a solid long-term investment. Perfectly positioned just steps from Jersey City's vibrant downtown scene, residents enjoy easy access to top dining spots, local shops, and multiple transportation options-including Grove Street PATH, the Hudson-Bergen Light Rail, and bus lines into Manhattan. Excellent long term lease on this brownstone perfect for investors.
Full Property Details
Full Property Details for 55 Wayne St
General
- Price: $2,999,000
- Taxes: $49,000 (2024)
- Status: Active
- Type: Multi-Family
- Source: Liberty_Board_Hudson_County_Hudson_MLS
- MLS ID: 250015943
- Updated: 8/5/2025
- Added to Site: 166 day(s) ago
Rooms
Bathrooms
- Total Bathrooms: 6
- Full Bathrooms: 6
- Level 4 - Full Baths: 2
- Level 3 - Full Baths: 2
- Level 2 - Full Baths: 1
- Level 1 - Full Baths: 1
Bedrooms
- Total Bedrooms: 7
- Bedrooms-L4: 2
- Bedrooms-L3: 2
- Bedrooms-L2: 2
- Bedrooms-L1: 1
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: Barrow St. and Grove St.
Heating & Cooling
- Heating/Cooling: A/C Wall, Gas
Structural Information
- Architectural Style: Brownstone
- Exterior Const.: Brick
- Basement Desc.: None
Lot Features
- Lot Dimensions: 25 x 100
Financial Considerations
- For Sale/Rent/Lease: For Sale
- Tax Amount: $49,000
- Tax Year: 2024
Disclosures and Reports
- Lead Paint Discl.: Yes
Listed by Prominent Properties Sotheby's International Realty (201) 333-7717
Get Pre-Approved Today
Schools
Schools serving 55 Wayne St
School District:Jersey City School District
| Name | Grades | Distance |
|---|---|---|
Frank R. Conwell No. 3 Elementary School 111 Bright Street, Jersey City, NJ 07302 | PK-5 | 0.4 mi |
Number 4 Middle School 107 Bright Street, Jersey City, NJ 07302 | 6-8 | 0.3 mi |
James J. Ferris High School 35 Colgate Street, Jersey City, NJ 07302 | 9-12 | 0.5 mi |
William L. Dickinson High School 2 Palisade Avenue, Jersey City, NJ 07306 | 9-12 | 0.9 mi |
Lincoln High School 60 Crescent Avenue, Jersey City, NJ 07304 | 9-12 | 1.3 mi |
Henry Snyder High School 239 Bergen Avenue, Jersey City, NJ 07305 | 9-12 | 2.2 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 55 Wayne St
Date
Details
Price
Change
Source
8/05/2025
Listed
$2,999,000
—
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 55 Wayne St
Year
Property Taxes
Change
Tax Assessment
Change
2024
$50,242
-15%
$2,250,000
-19%
2022
$59,143
161%
$2,792,400
—
2021
$22,697
—
$2,792,400
97%
2021
$22,697
32%
$1,415,000
—
2021
$17,157
-42%
$1,415,000
-26%
2019
$29,406
1098%
$1,909,500
1057%
2018
$2,455
-81%
$165,000
—
2017
$12,870
1%
$165,000
—
2016
$12,707
3%
$165,000
—
2015
$12,345
—
$165,000
—
2013
$12,319
—
$165,000
—
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 55 Wayne St
55 Wayne St, Jersey City, NJ 07302 (MLS# 250015943) is a Multi-Family property with units containing 7 bedrooms and 6 full bathrooms. 55 Wayne St is currently listed for $2,999,000 and was received on August 05, 2025. Want to learn more about 55 Wayne 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.
