2333 New Jersey Avenue, San Jose, California 95124, San Jose, 95124 - 0 bed, 0 bath
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San Jose, California 95124
This Residential Income Duplex represents a High-Potential Investment Opportunity, listed at $1,498,888—positioned above the $1,354,194 Fair Market Value. While priced at a premium, the property offers immediate stability with a Condition Rating of 3, featuring Granite Kitchens and In-Unit Laundry. Located in the heart of Willow Glen, this asset provides immediate rental flexibility with one vacant, move-in ready unit. This is an ideal acquisition for Buy-and-Hold Investors seeking strong Silicon Valley rental demand or Owner-Occupants looking to offset mortgage costs through income generation.
Property is move-in ready.
While built in 1961, the property has undergone significant mid-range renovations (estimated 10-15 years ago) including granite countertops and stainless steel appliances. The interior is freshly prepared with updated flooring and paint, making it functional and move-in ready.
Situated in one of San Jose's most prestigious neighborhoods, the property offers high desirability and value stability due to its proximity to walkable downtown amenities and top-rated dining.
With one unit delivered vacant and move-in ready, the property provides an immediate opportunity for an owner-occupant or an investor to secure market-rate rent without delay.
Both units include essential modern conveniences such as in-unit laundry and dedicated parking, which are significant drivers for tenant retention and strong rental yields in Silicon Valley.
Built in 1961, the property may require ongoing maintenance or capital expenditures for aging systems and structural components compared to newer construction.
The 2-bedroom, 1-bathroom configuration may limit the rental ceiling and appeal for professional roommates or families who prioritize a second bathroom.
Rare duplex opportunity in the heart of Willow Glen, one of San Jose's most beloved and sought-after neighborhoods. Whether you are an investor looking to capitalize on strong Silicon Valley rental demand or an owner-occupant hoping to generate income while living in one of the Bay Area's most charming communities, this property checks all the boxes. Â The duplex features two spacious 2 bedroom, 1 bathroom units, each with in-unit laundry and a dedicated parking space. Both units share an identical floorplan, making this an easy property to manage and maintain. One unit is vacant and freshly prepared, move-in ready for its next owner or tenant, giving you immediate flexibility from the day you close. Willow Glen is known for its tree-lined streets, walkable downtown village, boutique shops, and top-rated dining, all just minutes away. Easy access to major highways and everything Silicon Valley has to offer makes this location as practical as it is desirable. Strong rental demand in this pocket of San Jose ensures your investment works hard from day one. Opportunities like this in Willow Glen do not come around often.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 0.0 | 0.0 | 50% |
| Baths | 0.0 | 0.0 | 50% |
| Square foot | 1,694 | 1,949.5 | 50% |
| Lot Size | 6,300 | 7,350 | 50% |
| Price | $1.50M | $1.52M | 50% |
| Price per sq ft | $885 | $792 | 50% |
| Built year | 1961 | 1964 | 50% |
| HOA | $0 | $0 | 50% |
| Days on market | 18 | 52 | 50% |
May 19, 2026
$1,498,888
Initial Listing
Jul 17, 2009
$520,000
Public Record
Nov 1, 2005
$735,000
Public Record
Aug 8, 2001
$514,000
Public Record