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.
For sale
$525,000
62-5 Oak St, Jersey City, NJ 07304
4beds
--sqft
Est.:
Multi Family
Built in ----
-- sqft lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
- 2 days
- on Zillow |
- 645 |
- 38 |
Likely to sell faster than
Zillow last checked: 7 hours ago
Listing updated: June 29, 2025 at 10:09am
Listed by:
Corey Jones 908-337-1541,
Coldwell Banker, Upper Montclair
Source: NJMLS,MLS#: 25022275

Travel times
Tour with a buyer’s agent
Tour with a buyer’s agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 3
- Full bathrooms: 2
- 1/2 bathrooms: 1
Property
Details
- Parcel number: 0619502000000017
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Utilities & green energy
- Utilities for property: Electricity Connected, Natural Gas Connected
Community & HOA
Location
- Region: Jersey City
Financial & listing details
- Tax assessed value: $357,100
- Annual tax amount: $7,974
- Date on market: 6/28/2025
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