62.5 Oak Street Jersey City, NJ 07304
Listing Courtesy of: NJMLS / Coldwell Banker Realty / Corey Jones

  62.5 Oak Street Jersey City, NJ 07304

Active (1 Days)
$525,000
4
BED
3
BATH

Description

Transform this 2-family brownstone in Bergen-Lafayette, Jersey City's hottest emerging neighborhood. Recognized by Jersey Digs as Jersey City's next development hot spot, this area offers unprecedented growth with major projects underway and steadily climbing property values. Prime Location Advantages: Multiple light rail stations enable quick Manhattan commutes while Liberty State Park provides waterfront recreation. Strong rental demand from young professionals creates reliable tenant pools, drawn by excellent transit connectivity and emerging dining scene. Development Momentum: Hundreds of new apartments completed or under construction, including major residential towers and mixed-use projects. New restaurants, retail spaces, and significant municipal investments signal sustained neighborhood commitment. Investment Opportunity: Current market conditions favor skilled investors while strong fundamentals support long-term appreciation. Multi-family properties show solid cash flow potential with growing rental demand throughout the area. Market Timing: Bergen-Lafayette mirrors successful Jersey City markets but with better entry pricing and substantial upside potential. This transit-rich neighborhood offers Manhattan access at New Jersey prices before institutional capital fully discovers the area. Seize this value-add opportunity in a rapidly appreciating market where savvy investors can capitalize on the neighborhood's transformation and excellent growth prospects.

MLS #:
25022275
Taxes
$7,974
Type
Multifamily
County
Hudson County

Listed By

Corey Jones, Coldwell Banker Realty
Source
NJMLS
Last checked Jun 29 2025 at 4:20 AM GMT+0000
Bathroom Details
  • Full Bathrooms: 2
  • Half Bathroom: 1
Utility Information
  • Utilities: Electricity Connected, Natural Gas Connected
Location
   
Calculate drive times to this property
 
Powered by INRIX® Drive Time

Estimated Monthly Mortgage Payment

*Based on Fixed Interest Rate withe a 30 year term, principal and interest only

Listing price
Down payment
%
Interest rate
%
Mortgage calculator estimates are provided by Coldwell Banker Real Estate LLC and are intended for information use only. Your payments may be higher or lower and all loans are subject to credit approval.
Disclaimer: Copyright 2025 NJMLS. All rights reserved. This information is deemed reliable, but not guaranteed. The information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated 6/28/25 21:20