Located in a highly desirable and rapidly appreciating area, this property presents a rare opportunity for redevelopment in one of the market’s strongest pockets. Surrounded by well-maintained homes, new construction, and convenient access to shopping, dining, employment centers, and major transportation routes, the location alone makes this site exceptionally compelling. Demand for housing in this area continues to rise, driven by strong rental fundamentals, population growth, and limited new inventory—creating an ideal environment for a multi-unit development.
The existing structure on the property is suitable for demolition, allowing a clean slate for a thoughtfully designed four-unit apartment complex. The lot configuration and neighborhood context support a modern, efficient multifamily build that aligns with current zoning expectations and buyer preferences. This is a prime opportunity for a developer or investor to capitalize on increased density while delivering high-quality housing that meets market demand.
A newly constructed four-unit apartment building on this site offers multiple paths to value creation. Investors can benefit from diversified rental income across four units, improved operating efficiencies compared to single-family assets, and long-term appreciation in a proven location. With modern design, updated systems, and attractive finishes, a new build would command premium rents while minimizing maintenance costs for years to come. The area’s strong tenant base—including professionals, families, and long-term renters—supports consistent occupancy and stable cash flow.
From a strategic standpoint, this property stands out due to its combination of location, redevelopment potential, and scalability. Small multifamily properties such as four-unit buildings are increasingly sought after for their balance of manageable size and strong income potential. They offer flexibility for investors looking to hold long-term, refinance after stabilization, or eventually sell into a competitive market where turnkey multifamily assets are in short supply.
The surrounding neighborhood continues to see reinvestment and modernization, reinforcing long-term upside. Nearby amenities, walkability, and access to essential services enhance livability and support higher rental rates. As housing demand continues to outpace supply in this area, well-designed multifamily developments are positioned to perform exceptionally well.
This property represents more than just land—it is an opportunity to transform a well-located site into a high-performing four-unit apartment complex that aligns with current market trends and future growth. For developers and investors seeking a project with strong fundamentals, clear redevelopment potential, and a location that does the heavy lifting, this offering deserves serious consideration.
For sale
$1,500,000
13 Bryan Pl, Jersey City, NJ 07306
8beds
--sqft
Est.:
Multi Family
Built in ----
-- sqft lot
$1,495,900 Zestimate®
$--/sqft
$-- HOA
What's special
Modern designAttractive finishesSurrounded by well-maintained homesUpdated systems
- 97 days |
- 481 |
- 3 |
Zillow last checked: 7 hours ago
Listing updated: January 11, 2026 at 10:43am
Listed by:
SUNIL CHILLAR,
EXIT REALTY URBAN LIVING 201-380-4200
Source: HCMLS,MLS#: 250025875
Tour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 8
- Bathrooms: 2
- Full bathrooms: 2
Heating
- Baseboard, Natural Gas
Cooling
- Gas
Features
- Basement: Full,Unfinished
Property
Parking
- Parking features: 1 Car
Details
- Parcel number: 0609405000000004
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Multi Level
- Property subtype: Multi Family
Materials
- Aluminum Siding
Community & HOA
Location
- Region: Jersey City
Financial & listing details
- Tax assessed value: $474,900
- Annual tax amount: $10,605
- Date on market: 1/5/2026
Estimated market value
$1,495,900
$1.42M - $1.57M
$2,375/mo
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 1/5/2026 | Listed for sale | $1,500,000+1499900% |
Source: HCMLS #250025875 Report a problem | ||
| 7/20/2016 | Listing removed | -- |
Source: Auction.com Report a problem | ||
| 4/7/2016 | Price change | $100-100% |
Source: Auction.com Report a problem | ||
| 3/15/2016 | Listed for sale | -- |
Source: Auction.com Report a problem | ||
| 1/8/2016 | Listing removed | -- |
Source: Auction.com Report a problem | ||
| 9/15/2015 | Listed for sale | -- |
Source: Auction.com Report a problem | ||
| 8/11/2005 | Sold | $329,600 |
Source: Public Record Report a problem | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $10,605 | $474,900 |
| 2024 | $10,605 -0.6% | $474,900 |
| 2023 | $10,671 +40.1% | $474,900 |
| 2022 | $7,617 | $474,900 |
| 2021 | $7,617 +4.2% | $474,900 |
| 2020 | $7,313 +3.5% | $474,900 |
| 2019 | $7,067 -19% | $474,900 |
| 2018 | $8,728 +1.3% | $474,900 +324.4% |
| 2017 | $8,617 +2.9% | $111,900 |
| 2016 | $8,372 +0.6% | $111,900 |
| 2015 | $8,319 -0.4% | $111,900 |
| 2014 | $8,354 +3.9% | $111,900 |
| 2013 | $8,039 +2.5% | $111,900 |
| 2012 | $7,842 +1.5% | $111,900 |
| 2011 | $7,724 +15% | $111,900 |
| 2010 | $6,715 +8.1% | $111,900 |
| 2009 | $6,213 | $111,900 |
| 2008 | -- | $111,900 |
| 2007 | -- | $111,900 |
| 2006 | -- | $111,900 |
| 2004 | -- | $111,900 |
| 2003 | -- | $111,900 |
| 2002 | -- | $111,900 |
| 2001 | -- | $111,900 |
Find assessor info on the county website
Monthly payment
Est. payment
$9,335/mo
Principal & interest
$7298
Property taxes
$2037
More affordability tools
Climate risks
Neighborhood: Journal Square
Getting around
81 / 100
Excellent TransitNearby schools
GreatSchools rating
- 5/10Mahatma K. Gandhi SchoolGrades: PK-8Distance: 0.1 mi
- 1/10William L. Dickinson High SchoolGrades: 9-12Distance: 0.7 mi








