The Costanza Read · how this price compares
$1,600,000
median ask for comparable multi-family homes in Jersey City is $999,000 · based on 183 active listings
At $1,600,000, this home is priced ~60% above the median for its class. Priced at a premium — worth seeing what justifies it.
Want the recent sold comps on this exact block too? Ask Andrew →
About this home
Exceptional mixed-use investment opportunity featuring three total units with strong income potential. This well-maintained property consists of two fully rented residential apartments and one commercial space. The residential portion includes a spacious 3-bedroom, 1-bath apartment and a 2-bedroom, 1-bath apartment, both currently occupied and generating immediate rental income. Both leases are month to month. The ground-level commercial space, previously operated as a bar, is currently vacant and offers endless possibilities for an owner-user or investor looking to establish a new business or lease the space for additional income. Included in the sale is a valuable Type 33 liquor license, adding tremendous value and flexibility to the commercial component of the property. Whether you are looking to expand your investment portfolio or operate your own business while collecting residential rental income, this versatile mixed-use property presents a rare opportunity with existing cash flow and future upside potential. Conveniently located near major transportation, local businesses, and community amenities.
The details
Property Type2-Family
StatusActive · listed 44 days ago
List Price$1,600,000
Bathrooms0
LocationJersey City, NJ 07307
MLS #260009579
Estimate the monthly payment
—est. / month · principal & interest
Estimate only — property taxes, insurance, and any HOA are extra. Get a real pre-approval →
Living on Central Ave
486 Central Ave sits on Central Ave in Jersey City. Journal Square, Downtown and the Heights each have their own distinct character. It's within reach of the PATH and the Hudson-Bergen Light Rail, putting Lower Manhattan and the Jersey City waterfront minutes away. The Holland Tunnel, Route 440 and the NJ Turnpike Extension keep the rest of the region close.
As a 2-family in Jersey City, it's the kind of turnkey listing buyers watch for — and in this market, homes like this tend to move on the first weekend. If it fits what you're after, the smart move is to see it early.
486 Central Ave, Jersey City
Good to know
Is 486 Central Ave still available?
Yes — it's active on the Hudson County MLS (listed 44 days ago) at $1,600,000. Text Andrew Diaz at (551) 235-3473 to confirm and book a showing.
How many bedrooms and bathrooms does 486 Central Ave have?
It offers 0 bathrooms.
How do I see 486 Central Ave in person?
Tap “Request a tour,” drop your name and number, and Andrew Diaz will text you back within minutes with showing times — including this weekend.
