506 Liberty Ave, Jersey City, NJ 07307
SOLDSEP 6, 2023

506 Liberty Ave
Jersey City, NJ 07307

The Heights
  • 5 Beds
  • 3 Baths
  • 5 Beds
  • 3 Baths

$775,000

Last Sold: Sep 6, 2023
2% below list $790K
Est. Refi. Payment $5,004/mo*

Homes for Sale Near 506 Liberty Ave

Local Information

map showing home location
© Google
-- mins to
Commute Destination

Description

This property is no longer available to rent or to buy. This description is from September 06, 2023
Welcome to this wonderful income generating 2-family home in the flourishing Jersey City Heights. This spacious property features 5 beds, 2.5 baths, and recent updates to both units, including renovated baths & kitchens. With large rooms, a lovely backyard space and a charming front porch, it offers an inviting living experience. Hardwood floors top unit & new vinyl plank bottom unit. Priced attractively for investors or owner occupants, it generates approx. $5,000 per month in rental income for good cash flow or to offset the mortgage costs. Commuters will love the convenient access to Routes 1&9, NYC buses, Light Rail, Hoboken train station & PATH which are all only minutes away! Enjoy the vibrant Heights downtown area on Central Ave or the allure of Washington Ave in Hoboken w/ its abundance of shops, bars & restaurants. Don't miss out on this great investment opportunity! All of the interior photos are virtually staged since there are tenants currently living in both units.

Home Highlights

Parking
No Info
Outdoor
No Info
A/C
Heating & Cooling
HOA
None
Price/Sqft
No Info
Listed
180+ days ago

Home Details for 506 Liberty Ave

Interior Features

Interior Details
Basement: NoneNumber of Rooms: 3Types of Rooms: Dining Room, Kitchen, Living Room
Beds & Baths
Number of Bedrooms: 5Number of Bathrooms: 3Number of Bathrooms (full): 3
Heating & Cooling
Heating: Baseboard,Natural Gas,Hot WaterHas CoolingAir Conditioning: Window Unit(s)Has HeatingHeating Fuel: Baseboard

Exterior Features

Parking & Garage
No Attached GarageParking: Other

Property Information

Property Type / Style
Property Type: Residential IncomeProperty Subtype: Multi FamilyArchitecture: Other-See Remarks
Building
Construction Materials: Aluminum/Vinyl, Brick
Property Information
Not Included in Sale: Personal Items, Furniture, Tenant ItemsIncluded in Sale: All Appliances In Both Units, Washer/Dryer On 1st FloorParcel Number: 090617203

Price & Status

Price
List Price: $789,500
Status Change & Dates
Off Market Date: Wed Jul 05 2023

Active Status

MLS Status: SOLD

Location

Direction & Address
City: Jersey City

Miscellaneous

Mls Number: 230009028
Last check for updates: about 9 hours ago
Listed by Michael Kowalski
REDFIN CORPORATION, (201) 646-5774
Bought with: Jill Biggs, COLDWELL BANKER REALTY, (201) 212-5026
Source: HCMLS, MLS#230009028

Price History for 506 Liberty Ave

DatePriceEventSource
09/06/2023$775,000Sold
HCMLS #230009028
07/17/2023$789,500PendingNJMLS #23016588
06/16/2023$789,500PriceChange
NJMLS #23016588
06/01/2023$765,500PriceChange
NJMLS #23016588
02/08/2023$775,000Listed For SaleN/A
07/13/2021$645,000Sold
GSMLS #3693241
03/11/2021$650,000PriceChange
GSMLS #3693241
02/20/2021$674,000PriceChange
GSMLS #3693241
01/10/2021$675,000PriceChange
GSMLS #3673463
10/21/2020$699,888Listed For SaleAgent Provided
10/22/2002$245,000Sold
N/A
05/09/2001$230,000Sold
N/A
02/13/1998$143,000Sold
N/A

Property Taxes and Assessment

Year2023
Tax$8,255
Assessment$367,400
Home facts updated by county records

Comparable Sales for 506 Liberty Ave

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
0.15
Multi-Family Home
$840,000
03/31/23
5
3
-
0.14
Multi-Family Home
$851,113
06/09/23
4
3
-
0.22
Multi-Family Home
$990,000
08/10/23
5
3
-
0.20
Multi-Family Home
$835,000
08/15/23
4
3
-
0.14
Multi-Family Home
$700,000
09/06/23
6
4
-
0.24
Multi-Family Home
$890,000
01/17/24
6
3
-

Assigned Schools

These are the assigned schools for 506 Liberty Ave.
GreatSchools ratings are based on test scores and additional metrics when available.
Check with the applicable school district prior to making a decision based on these schools. Learn more.

Neighborhood Overview

See Local Highlights
Neighborhood stats provided by third party data sources.

What Locals Say about The Heights

  • lynn c
    "The fair when it comes in to town for Easter they have rides games and food fun for friends and or family"
    1
    Flag
  • Naseera Akthar Abdul
    "There are many neighborhoods living here. Lots of indian people lives here. Busy neighborhood. We can walk to schools and shops and restaurants. "
    0
    Flag
  • Trulia User
    "Indian community and restaurants are easily available it's having very good public transportation and also very convenient neighborhood with beautiful parks near"
    7
    Flag
  • Trulia User
    "I work in the city. My commute it take me 40 minutes on the 123 bus . You have the 86,, 84, 119, all go to journal square to take the path"
    4
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  • Trulia User
    "I’ve been living in this area for the last six years. Very convenient and safe. Parking isn’t great but the Heights has a lot to offer with Central Ave alone. "
    15
    Flag
  • Trulia User
    "The Heights. I’ve lived here, moved elsewhere and still came back because of all it offers. Good, walkable neighborhood with a park within reach in most directions. Central Avenue and Indian Street are pretty close too. Journal Square and Times Square are easy to reach. "
    5
    Flag
  • Trulia User
    "nice neighborhood, close to public transportation and shopping district. easy commute to the new york city"
    0
    Flag
  • Trulia User
    "Great neighborhood, I’ve been living here since 2020 and it is constantly improving! New homes being built, old homes renovated, public spaces are being invested in."
    2
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  • Trulia User
    "Very Family orientated and friendly people live in this area! Great Dog ppark and shopping I just minutes away! The quickest commute to NYC, Truly recommend "
    0
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  • Trulia User
    "Trains buses and ferrys that get you into NYC within 25-40 minutes, bus stops all over town on most streets and corners can get everywhere cheaply and mostly affordably "
    0
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  • Trulia User
    "There a couple grassy options around. The streets aren’t over crowded with people and dogs so if your dog is reactive you can manage a good walking with out any triggers. "
    0
    Flag
  • Trulia User
    "Jersey City heights is beautiful and affordable is also very close to New York City I enjoy living here. Beautiful scenery"
    1
    Flag
  • Trulia User
    "I moved from New York in 2021 2 Jersey City heights it is beautiful ! it is calm and peaceful I can see the whole of lower Manhattan from my building rooftop and the park down the block from my house. It is a safe clean friendly area & close to all transportation NJ light rail, 123 bus to New York, 84 bus or walk to path train . Christ hospital 2 blocks down on palisade Avenue shopping area 3 to 4 blocks up. You can walk down snake hill and be in a Hoboken within minutes. Hoboken pier nearby and Jersey City pier side is gorgeous I love it! "
    6
    Flag
  • Trulia User
    "Very friendly lots of great parks. Close to everything. Up and coming in jersey city as a neighborhood "
    2
    Flag
  • Trulia User
    "I am a transplant from Brooklyn New York and live here in the heights great neighborhood friendly neighbors really good energy clean clean affordable nd beautiful parks and views. A hop skip and jump away from New York & Transportation is easily accessible."
    3
    Flag
  • Trulia User
    "Lots of dogs being walked all the time. We have. a dog and we greet so many pups on our walks. Plus a good amount of green spaces and dog runs for extra exercise."
    1
    Flag
  • Trulia User
    "Five min from New York City, diversity and convenience, a lot of places to live, community services "
    2
    Flag
  • Trulia User
    "This is a good neighborhood for people with families working in NYC or NJ. however, there is increased gentrification now. people are driving up rents like crazy."
    3
    Flag
  • Trulia User
    "everyone is bad at driving here, accidents are frequent, people almost get hit daily on my street corner "
    0
    Flag
  • Trulia User
    "1 mile walk to the path then a quick ferry ride to Brookfield place. Path is quick too and you can get it from newport or hoboken"
    0
    Flag
  • Trulia User
    "they have a lot of parks here for dogs. many dog friendly restaurants and bars. mixture of family and young people. great place to live near nyc. "
    0
    Flag
  • Trulia User
    "farmers market and outdoor classes good view of the city over park public pools and ice skating affordable local grocery stores "
    0
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  • Trulia User
    "I just don't like the city noise. some people with dogs don't pick up after, but the area is getting very huge gentrification ."
    0
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  • Trulia User
    "It’s a friendly neighborhood for all .. there are many dogs owners live here. Dog owners walk their dogs and pick up after their dogs.. kid friendly neighborhood. Having a park is very helpful for families to spend time."
    0
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  • Trulia User
    "There are the occasional loud city noises (fireworks, emergency vehicles, parties, etc.) that occasionally scare our rescue. However it is typically pretty quiet and there are lots of friendly dogs walking with their owners. "
    0
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  • Trulia User
    "is great area for family dinner,a lot of things to do with the family, great restaurants and bakeries"
    0
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  • Trulia User
    "parks available near by. Quiet neighborhood. walker friendly. activities for children. daycare nearby."
    0
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  • Trulia User
    "Jersey City is an a nice upcoming city/town ! Because of the new building environment you will see a few strange animals around but i havent heard of anyone getting attacked by one. "
    0
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  • Donnaketchledge
    "My child is an adult, however I see many strollers and young families in the area. Seems to me they feel safe, and have resources such as preschools, playgrounds, and parks to enjoy."
    14
    Flag
  • Bryna.keenan
    "There are several parks with playgrounds, as well as Pershing Field which has an indoor swimming pool and a skating rink."
    2
    Flag
  • Twinmelvis
    "kind of long but worth it. I enjoy the quiet that comes with being a bit removed from the major transportation hubs."
    5
    Flag
  • Vasanth K. M.
    "Busses trains near by, its good for New York City commuters. All transportations like path, NJ transit, community lines, Uber, Lyft available round the clock. All transit points near by in walkable distance."
    5
    Flag
  • Bryna.keenan
    "People can walk their dogs in several neighborhood parks, i often see people out with their dogs, and several neighbors on my block have dogs."
    3
    Flag
  • Brian R.
    "My commute is somewhat short, there’s often construction on palisade Ave but it’s not too obstructive."
    1
    Flag
  • J.torres.yfs
    "There are not dog runs available in the Western Slope are of The Heights but you can walk your dog around in a safe area."
    0
    Flag
  • A. M. F.
    "No events living here for 3 years. no community events in the heights, but lots and lots of parking tickets, and too few spots"
    1
    Flag
  • Nichole D.
    "There’s Weekend Food markets and music events lots of parks people walking around with their dogs lots of variety of food choices "
    2
    Flag
  • Djsurber
    "The Hutton has the Guinness and Oyster festival every June. There’s a farmers market in RiverView Park every Sunday in the spring and summer. There’s sometimes live music in RiverView park as well. It is an up an coming neighborhood with easy access to Manhattan via public transportation or car. There’s great food trucks in RiverView park in the spring and summer time. Also the Heights has great local restaurants like The Hutton bar and Grill and Low Fidelity."
    2
    Flag
  • Ktnordling
    "Great neighborhood association, great farmers market, access to Hoboken, the city and tons of cute spots"
    1
    Flag
  • Jd
    "Jazz fest, farmer’s market, outdoor concerts, great parks, splash pad, park renovations taking place, more restaurants, cafes and bakeries moving in."
    0
    Flag

LGBTQ Local Legal Protections

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Homes for Rent Near 506 Liberty Ave

Off Market Homes Near 506 Liberty Ave

506 Liberty Ave, Jersey City, NJ 07307 is a 5 bedroom, 3 bathroom multi-family. 506 Liberty Ave is located in The Heights, Jersey City. This property is not currently available for sale. 506 Liberty Ave was last sold on Sep 6, 2023 for $775,000 (2% lower than the asking price of $789,500). The current Trulia Estimate for 506 Liberty Ave is $814,700.