143 Terrace Ave, Jersey City NJ 07307-4186

RES
Jersey City
Property Media
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Property Price
$1,100,000
Bedrooms
8
Year Built
1972
Tax Annual Amount
$14045
TaxYear (*text)
2025
Roof (*text)
Asphalt Shingle, Flat
Lot Size Area
0.14
MLS Status
Active
MLS #
4025473

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

Yearly Tax Rate
2.335
Year Built (*numeric)
1972
Basement
Yes
Roofing (*text)
Asphalt Shingle, Flat
Days On Market
1
Basement (*text)
Yes
Cooling (*text)
Central Air
GarageSpaces
2
Heating
3 Units
Lot Size Dimensions
29.58X200
Property Location

40.7512, -74.05716

Geo Lat Long Proximity (field_pro_lat_long)
Units: Miles
Origin Coordinates
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GSMLS
buynjhome Jagdeep

Jagdeep Singh

+1(848)242-6762