Ankit Jain
This listing was posted on BeMyOwnBroker.
$1,600,000
5BR/3BA Property in Jersey City, NJ
Price:
$1,600,000
BR/BA:
5 BR, 3 BA
Location:
237 7th St, Jersey City, NJ
Description:
Your chance to own an incredible, one-of-a-kind 3-family home in the prime Hamilton Park area of downtown Jersey City! 10 minutes to Grove Path Station for an effortless commute or fun in the city. Enjoy a beautiful day in Hamilton Park, just one block away! Close to shopping, movies, Harsimus Cove light rail (with easy access to Liberty State Park), groceries, nightlife, and restaurants with a fantastic selection of local and international cuisines. This historic colonial-style house, full of character, features 3 apartments with washer/dryer, dishwasher and other appliances. The apartments are great income generators always in high demand and easy to rent-- endless options- live-in and rent, full rental, or rent and develop plans to make a palace! Enjoy a barbecue or indulge your green thumb with the huge, private backyard. In addition, this property is one of the few in the area not in the flood zone. The property is gracefully aged, although it may benefit from some renovation to bring it up to modern standards. The property is located in an extra-large lot of 25X100 and has the potential for expansion. The unfinished basement can be finished for additional living space. Own a car? The nearby Newport Mall offers a special monthly rate to Hamilton Park residents with standard spots, including Tesla and EV charging stations! Property generates a total rental income of 9200/month. Total expenses including 2022 property taxes and insurance are 26,584/year. Tenants pay all utilities. The property needs very little maintenance, is fully functional, generates fair market rents and has very good tenants. The property does not need anything immediately. If the new buyers have plans to renovate then the property will require full gut renovations due to several extensions built in the rear over time. The property will be shown to only serious buyers who have any specific questions and who are seriously interested. The property is sold AS-IS. Municipality: City of Jersey City
Property Type:
Real Estate
Sq feet:
2,535 sq. ft.
Amenities:
Dishwasher, Washer Dryer
MLS Number:
230017361
Posted:
October 17 2023 on BeMyOwnBroker
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More About this Listing: 5BR/3BA Property in Jersey City, NJ
5BR/3BA Property in Jersey City, NJ is a Five Bedroom 3.5 Bath Real Estate and Homes for Sale at 237 7th St in Jersey City NJ. Find other listings like 5BR/3BA Property in Jersey City, NJ and listings near 237 7th St by searching Oodle Classifieds for Five Bedroom 3.5 Bath Real Estate and Homes for Sale in Jersey City NJ.
5BR/3BA Property in Jersey City, NJ is a Five Bedroom 3.5 Bath Real Estate and Homes for Sale at 237 7th St in Jersey City NJ. Find other listings like 5BR/3BA Property in Jersey City, NJ and listings near 237 7th St by searching Oodle Classifieds for Five Bedroom 3.5 Bath Real Estate and Homes for Sale in Jersey City NJ.