245 Summit Ave
Jersey City, NJ 07304
Price: $1,229,000
GSMLS: 4047323Type: Multi-Family
Style: 2-Two Story, See Remarks
Total Units: 2
Beds: 5
Baths: 5 Full & 1 Half
Garage: No
Year Built: 1844
Acres: 0.00
Property Tax: $19,380
Description
Welcome to this beautifully designed income-producing 2022-renovated two-family residence on a rare 128-foot-deep lot in Jersey City's Journal Square/McGinley Square area. Offering modern construction, elevated finishes, private outdoor space, parking, and flexible living, this property combines contemporary luxury with strong rental income. The spacious 3BR/3.5BA duplex includes one parking spot next door, an open-concept layout, high ceilings, large windows, recessed lighting, and a chef's kitchen with an oversized quartz island, premium appliances, custom backsplash, and designer-like finishes. The primary suite offers a flex closet/office and spa-inspired bath. The lower level includes a second kitchen, living area, two bedrooms with ensuite baths, laundry, and direct outdoor access. A separate 2BR/2BA residence provides additional privacy and income potential. Additional features include central A/C, in-unit laundry, high-end finishes, abundant storage, private parking, and a deep private lot. Conveniently located near Journal Square PATH, restaurants, cafes, and major transportation, 245 Summit Avenue offers an exceptional opportunity for a new owner seeking a modern crown jewel in the rapidly-growing JSQ neighborhood with a finished basement for untapped STR potential.
General Info
Style:
2-Two Story, See Remarks
SqFt Building:
2,696
Total Rooms:
8
Basement:
Yes - Finished, French Drain, Full, Walkout
Interior:
Carbon Monoxide Detector, High Ceilings, See Remarks, Shades, Smoke Detector, Walk-In Closet, Wood Floors
Roof:
Flat, Rubberized
Exterior:
CedarSid,Stucco,Vinyl,Wood
Lot Size:
n/a
Lot Desc:
n/a
Parking
Garage Capacity:
No
Description:
Assigned, See Remarks
Parking:
1 Car Width, Additional Parking, Assigned, Concrete, Driveway-Shared, On-Street Parking
Spaces Available:
1
Unit 1
Bedrooms:
3
Bathrooms:
4
Total Rooms:
6
Room Description:
Bedrooms, Living/Dining Room, Master Bedroom, Rec Room, See Remarks, Utility Room
Levels:
2
Square Foot:
n/a
Fireplaces:
n/a
Appliances:
Carbon Monoxide Detector, Central Vacuum, Dishwasher, Dryer, Kitchen Exhaust Fan, Microwave Oven, Refrigerator, See Remarks
Utilities:
Tenant Pays Electric, Tenant Pays Gas, Tenant Pays Heat, Tenant Pays Water
Handicap:
No
Unit 2
Bedrooms:
2
Bathrooms:
2
Total Rooms:
3
Room Description:
Bedrooms, Eat-In Kitchen, Living/Dining Room, Master Bedroom, See Remarks
Levels:
1
Square Foot:
n/a
Fireplaces:
n/a
Appliances:
CarbMDet,CookElec,CookGas,Dishwshr,Dryer,Refrig,OvenSelf,StkW/D
Utilities:
Tenant Pays Electric, Tenant Pays Gas, Tenant Pays Heat, Tenant Pays Water
Handicap:
No
Unit 3
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
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:
2 Units, Forced Hot Air
Heating Fuel:
Electric, Gas-Natural
Cooling:
2 Units, Ceiling Fan, Central Air
Water Heater:
Electric
Water:
Public Water
Sewer:
Public Sewer
Utilities:
All Underground, Electric, Gas In Street
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:
$1,229,000
Tax Amount:
$19,380
Land Assessment:
$174,200
Build. Assessment:
$655,800
Total Assessment:
$830,000
Tax Rate:
2.34
Tax Year:
2025
Listing Information
MLS ID:
4047323
List Date:
08-17-2026
Days On Market:
3
Listing Broker:
HOMECOIN.COM
Listing Agent:
Jonathan Minerick
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
