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132 TERRACE AVE, Jersey City, NJ 07307

Jersey City
Local realty services provided by:CENTURY 21 Venture Real Estate
132 TERRACE AVE,Jc, Heights, NJ 07307
$799,000
  • 7 Beds
  • 5 Baths
  • - sq. ft.
  • Multi-family
  • Active
Listed by: sanjeev prabhakar, joshua alexander ramos
Office: coldwell banker realty201-963-1400
MLS#:260019934
Source:NJ_HCMLS

Price summary

  • Price:$799,000

About this home

Turnkey triplex with value add opportunities. Live in one unit and rent the other to subsidize the expenses, or lease everything as a pure investment cash cow. The building has two updated 3-bed, 2-bath units over a finished 1-bed, 1-bath in law suite, so it appeals to a wide range of tenants. Outside, you'll find a sunny private yard with a gazebo and a terrace made perfect for morning coffee. This property has a strong rental history as of this past summer. With each floor occupied, the total rent collected was 6,600 per month. With lower taxes and less owner expenses, that cap rate was approximately 8%. With light cosmetic upgrades even that could be improved upon.

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Home facts

  • Listing ID #:260019934
  • Added:15 day(s) ago
  • Updated:October 17, 2026 at 04:06 PM

Rooms and interior

  • Bedrooms:7
  • Total bathrooms:5
  • Full bathrooms:3
  • Half bathrooms:2

Heating and cooling

  • Cooling:A/C Window, Electric, Gas
  • Heating:Baseboard, Electric, Gas

Structure and exterior

  • Architectural Style:Colonial
  • Construction Materials:Brick

Finances and disclosures

  • Price:$799,000
  • Tax amount:$11,777
The data relating to real estate for sale or rent on this website comes in part from the IDX program of the HCMLS. Real estate listings held by brokerage firms other than CENTURY 21 Venture Real Estate are marked with the HCIDX mark and the information about them includes the name of the listing broker. The information provided by this website is for personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing or renting. NJ_HCMLS Member Broker: Fernando G Semiao

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