1,599,000

Own a home that costs you less in monthly payments than a 1 bedroom apartment would cost to rent!! 79 Sherman Place gives you this financial freedom thanks to the rental income it collects for its owner occupant. Located on one of Jersey City's most picturesque tree-lined streets, 79 Sherman Place is a one-of-a-kind two-family home plus additional bonus suite. Unlike many of the historic homes on Sherman Place, this residence was built in 1991-a rare opportunity to enjoy the character of a historic streetscape without sacrificing the convenience and peace of mind that come with a newer home. Whether you're an owner-occupant looking to build equity while your home helps pay the bills, a first-time or seasoned investor, or a multi-generational family looking for a place to call your own, this is a home that adapts to your life-not the other way around. With 7 bedrooms, 5 1/2 bathrooms, over 3,000 square feet of finished living space, and an additional 1,000+ square feet ready for future expansion, the possibilities are endless. All three levels are above grade-an uncommon find among Jersey City's classic row homes-allowing natural light to bathe every level and create bright, warm spaces throughout. Choose the owner's residence that best fits your lifestyle today, knowing the home can adapt as your needs change tomorrow. The expansive 1,725-square-foot parlor-level unit offers three bedrooms, two baths, soaring vaulted ceilings, two skylights, and beautiful open views of both the front and back yards. Prefer something a bit more contemporary? The 1,000-square-foot top-floor residence features dramatic vaulted ceilings, seven skylights, and an airy loft-like feel filled with natural light. Whichever home you choose to call your own, you'll enjoy bright, open living spaces while the remaining unit continues generating valuable rental income. The bonus suite offers additional flexibility and may provide short-term rental potential, subject to Jersey City's applicable regulations. As your needs evolve, so can the home. Continue enjoying the current layout, or combine the parlor and top floors to create an extraordinary 3,000-square-foot owner's residence while maintaining the approximately 1,000-square-foot bonus suite as a separate income-producing apartment. Even better, city-approved architectural plans are included with the sale-a value of approximately $20,000 and an incredible head start toward bringing that vision to life. Step outside and enjoy the oversized 25' x 194' lot-nearly double the size of many Jersey City lots. A welcoming front yard sets the home back from the street, while the peaceful fenced-in backyard provides the perfect place to entertain, relax, garden, or create your own private outdoor oasis. Parking is yet another standout feature at 79 Sherman Place. Four outdoor parking spaces are currently rented to neighbors, providing additional income, while the attached covered garage-with its own private storage room-remains reserved for the owner. Properties in Jersey City rarely combine this much space, natural light, parking, income potential, and future flexibility in one offering-whether you move right in, customize and update your owner's unit to suit your personal style, or bring your long-term vision to life. 79 Sherman Place is more than just a home-it's a place that can grow with you while helping you build long-term financial security. Build equity, generate income, and let your home work for you from day one. Come experience 79 Sherman Place in person-only then can you truly appreciate everything this remarkable property has to offer.