Niranjana Besai was leaving her house to go to work at just after 8 a.m. when she saw the launcher on her front lawn. She immediately called police.
Besai's neighbor, Joe Quinn, saw her pointing at the equipment from her front porch. When he walked over to the six-foot-long weapon, he was just as shocked. "It looked like a bazooka," he told WCBS.
Quinn told WCBS News investigative reporter Scott Weinberger he originally thought the launcher was just a pipe, but after noticing it had a picture of a soldier on it, he realized it looked similar to a missile launcher he'd seen on television.
Jersey City police removed the launcher. The incident is now being investigated by the Joint Terrorism Task Force and the FBI.
Jersey City police could not confirm whether it was actually operable.
Sources told WCBS it's the kind of missile launcher that could take down an aircraft.
The area where the launcher was discovered is in or very near a flight path for Newark Liberty International Airport.