143 Terrace Ave
Jersey City, NJ 07307
Price: $1,100,000
GSMLS: 4025473Type: Multi-Family
Style: 3-Three Story
Total Units: 3
Beds: 8
Baths: 3 Full & 1 Half
Garage: 2-Car
Year Built: 1972
Acres: 0.14
Property Tax: $14,045
Description
Welcome to 143 Terrace Ave, a rare 3-family opportunity in the highly desirable Heights section of Jersey City. Whether you're an investor seeking strong upside or an owner-occupant looking to offset your mortgage, this property offers the perfect blend of income potential, flexibility, and location.The building features three separate units with individually metered utilities, making management efficient and expenses more predictable. Current rents are below market, presenting a clear opportunity for a new owner to increase income and maximize returns over time.Additional highlights include a highly valuable two-car garage plus two additional parking spaces a true premium in Jersey City adding both convenience and income potential.Ideally situated on a residential street while still close to NYC transportation, major highways, shopping, dining, and parks, this property benefits from strong tenant demand and long-term appreciation potential.Whether you choose to live in one unit and rent the others or fully capitalize on its income-producing capabilities, 143 Terrace Ave is a smart investment in one of Jersey City's most sought-after neighborhoods
General Info
Style:
3-Three Story
SqFt Building:
n/a
Total Rooms:
8
Basement:
Yes - Unfinished
Interior:
n/a
Roof:
Asphalt Shingle, Flat
Exterior:
See Remarks
Lot Size:
29.58X200
Lot Desc:
n/a
Parking
Garage Capacity:
2-Car
Description:
Attached Garage
Parking:
2 Car Width, Additional Parking
Spaces Available:
2
Unit 1
Bedrooms:
2
Bathrooms:
1
Total Rooms:
4
Room Description:
See Remarks
Levels:
n/a
Square Foot:
n/a
Fireplaces:
n/a
Appliances:
Dryer, Range/Oven - Gas, Refrigerator, Washer
Utilities:
Owner Pays Water, Tenant Pays Electric, Tenant Pays Gas, Tenant Pays Heat
Handicap:
No
Unit 2
Bedrooms:
n/a
Bathrooms:
1
Total Rooms:
8
Room Description:
See Remarks
Levels:
n/a
Square Foot:
n/a
Fireplaces:
n/a
Appliances:
Dryer, Range/Oven - Gas, Refrigerator, Washer
Utilities:
Owner Pays Water, Tenant Pays Electric, Tenant Pays Gas, Tenant Pays Heat
Handicap:
No
Unit 3
Bedrooms:
3
Bathrooms:
2
Total Rooms:
8
Room Description:
See Remarks
Levels:
n/a
Square Foot:
n/a
Fireplaces:
n/a
Appliances:
Dryer, Range/Oven - Gas, Refrigerator, Washer
Utilities:
Owner Pays Water, Tenant Pays Electric, Tenant Pays Gas, Tenant Pays Heat
Handicap:
No
Unit 4
Bedrooms:
n/a
Bathrooms:
n/a
Total Rooms:
n/a
Room Description:
n/a
Levels:
n/a
Square Foot:
n/a
Fireplaces:
n/a
Appliances:
n/a
Utilities:
n/a
Handicap:
n/a
Utilities
Heating:
3 Units
Heating Fuel:
Gas-Natural
Cooling:
Central Air
Water Heater:
n/a
Water:
Public Water
Sewer:
Public Sewer
Utilities:
All Underground
Services:
n/a
School Information
Elementary:
n/a
Middle:
n/a
High School:
n/a
Community Information
County:
Hudson
Town:
Jersey City
Neighborhood:
n/a
Financial Considerations
List Price:
$1,100,000
Tax Amount:
$14,045
Land Assessment:
$217,400
Build. Assessment:
$384,100
Total Assessment:
$601,500
Tax Rate:
2.34
Tax Year:
2025
Listing Information
MLS ID:
4025473
List Date:
05-05-2026
Days On Market:
0
Listing Broker:
REAL
Listing Agent:
Jibi Thomas
Request More Information
Shawn and Diane Fox
RE/MAX American Dream
3108 Route 10 West
Denville, NJ 07834
Call: (973) 277-7853
Web: MorrisCountyLiving.com
