For Multi Family

193 Clerk St,Jersey City, NJ 07305-4426

March 14, 2026

Renovated in 2024, this turnkey 2-family property delivers immediate cash flow and long-term stability. Featuring spacious 3-bedroom and 4-bedroom units, each equipped with in-unit washers and dryers, the building is designed for strong tenant demand and minimal owner headaches. Investors will appreciate the separate utilities, newer gas boilers, newer water heaters, and a full, functional basement with two exits all contributing to lower operating costs and reduced maintenance exposure. With low taxes, low insurance, and renovation completed about 24 months ago, this asset is positioned for predictable performance. Current tenants are reliable, well-qualified, and eager to renew their leases, providing continuity for the next owner. Rents total $5,200/month with clear upside, making this an attractive buy-and-hold opportunity or a smart choice for an owner-occupant looking to significantly offset living costs. Located just a short walk to the light rail, bus line, supermarkets, and local restaurants, the property sits in a high-demand rental corridor with strong commuter appeal. Professional photos coming soon.

Property ID:PT-31679901-AXZR

Offer Type:For Multi Family

Property Type:Multi-Family

Price: 799,900 $

Bedrooms:7

Year Built:1930

Listing Details

Status: Active

Location

County: Hudson

Lotsize: 31.71X95

Lot Identifier: 21

Lot Description: Level Lot

Lot Identifier: 21

Home Details

Open Parking: 0

Basement: Yes

Renovated: 2024

Basmnt/Desc: Yes - Full, Slab, Unfinished, Walkout

Acreage: 0.07

Total Baths: 2.00

Number of Units: 2

Rooms: 22

Easement/Desc: Unknown

Exterior Description: Aluminum Siding, Brick, Stone

Roof Description: Flat

Possesion: at closing

Unit 1 Appliances/Equipment: Carbon Monoxide Detector, Dishwasher, Dryer, Microwave Oven, Range/Oven - Gas, Refrigerator, Washer

Unit 1 Levels: 1

Unit 1 Rooms: 6

Unit 1 Beds: 3

Unit 1 Baths: 1.0

Unit 1 Owner/Tenant Pays: Owner Pays Water, Tenant Pays Electric, Tenant Pays Gas, Tenant Pays Heat

Unit 1 Handicap: No

Unit 1 Lease Expire: 2026-05-15

Unit 1 Rent: 2400

Unit 1 Room Description: Bedrooms, Kitchen, Laundry Room, Living Room, Master Bedroom

Unit 1 Security Deposit: 3600

Unit 2 Appliances/Equipment: Carbon Monoxide Detector, Dishwasher, Dryer, Microwave Oven, Range/Oven - Gas, Refrigerator, Washer

Unit 2 Levels: 2

Unit 2 Rooms: 7

Unit 2 Beds: 4

Unit 2 Baths: 1.0

Unit 2 Owner/Tenant Pays: Owner Pays Water, Tenant Pays Electric, Tenant Pays Gas, Tenant Pays Heat

Unit 2 Handicap: No

Unit 2 Lease Expire: 2025-12-31

Unit 2 Rent: 2800

Unit 2 Room Description: Bedrooms, Kitchen, Laundry Room, Living Room, Master Bedroom

Unit 2 Security Deposit: 4200

Color of Building: red

Block Identifier: 21401

County Number: 18

Town Number: 1806

YB/Desc: 1930 - Approximate

Color of Building: red

Easement: Unknown

Parking/Driveway Description: On-Street Parking

Block Identifier: 21401

County Number: 18

Town Number: 1806

Possession: at closing

Taxes, Fees & Assessments

Gross Operating Income: 62400

Net Operating Income: 48717

Expense Include: Insurance, Maintenance, Taxes

Tax ID For Property: 1806-21401-0000-00021-0000-

Tax Amount: $7,983.00

Tax Year: 2025

Tax Rate: 2.335%

Tax Rate Year: 2025

Land Assessment: $90,100.00

Building Assessment: $251,800.00

Total Assessment: $341,900.00

FHA Age Restricted: No

Utilities

Water Heater: Gas

Heat Source: Gas-Natural

Heat System: 2 Units, Baseboard - Hotwater

Cool System: None

Water: Public Water

Sewer: Public Sewer

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Listing Details

193 Clerk St,Jersey City, NJ 07305-4426

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