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About This Home
This 8-bedroom, 4-bathroom residential multi family at 143 Terrace Ave in Jersey City, NJ is listed for $1,100,000. Built in 1972, on a 0.14 acres lot.
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 s
till 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
Key Features
- Built in 1972
- 0.14 acre lot
- 2 parking spaces
Property Details
Amenities
Monthly Cost Estimate
$5,883/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
143 Terrace Ave
Jersey City, NJ 07307-4186
Features & Amenities
Interior Features
Exterior Features
Property Details
Construction
Cooling
Appliances
Questions & Answers
This 8-bedroom, 4-bathroom residential multi family at 143 Terrace Ave is listed at $1,100,000. The estimated monthly payment is $4,767 based on 20% down at 6.5% interest.
Key features include: Built in 1972, 0.14 acre lot, 2 parking spaces. Interior Features: See Remarks. Exterior Features: Deck, Open Porch(es).
This property is listed by JIBI THOMAS.
JIBI THOMAS
Agent at REAL
