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243 Montgomery St JC Downtown, NJ 07302
$2,799,999
  • For Sale
  • NEW
  • 4 Full Baths
  • Multi Family
  • ML# 240007420

Property Details

Overview

Exceptional Investment Opportunity in Historic Downtown Jersey City. This 4-Family Brick Row House with Condo Conversion Potential is a great addition to your portfolio. Perfectly positioned on a 25x100 lot in the heart of historic Downtown Jersey City. This property combines architectural charm with robust income potential and offers a unique opportunity for a lucrative condo conversion by adding an extension to the existing structure or doing a simple condo conversion after a few simple updates. The timeless appeal is elegantly dispersed through the historic elements of the home, in the crown moldings, huge arching windows, marble fireplaces, brick walls, and original hardwood flooring. Each floor is laid out optimally: Spacious, modern units designed for comfort and convenience. The huge yard creates an exclusive private backyard oasis for relaxation and entertainment. Additionally this home offers expansion potential on all floors. Ample lot size allows for an extension, ideal for a condo conversion project to maximize value. Or for someone looking to live in the property and build it out in the future. Nestled in a picturesque historic district, less than a block to Van Vorst Park, in excellent proximity to PATH trains, enhancing tenant appeal and ensuring steady rental demand. This is a great opportunity to secure a significant asset in a high-demand area known for its growth and accessibility.

Key Facts

  • Style: Brownstone
  • Lot Size: 25x100
  • Taxes: $29,652
  • Type Sale: For Sale
  • Block: 14101
  • Lot: 00004

Additional Features

  • Parking Facilities: None

Rooms & Floor Plans

  • Dining Room: 4
  • Full Bath: 4
  • Kitchen: 4
  • Living Room: 4
  • Other: 1

Interior & Utilities

  • Heat: Radiators
  • A/C: A/C Window

Financial

  • Taxes: $29,652
  1. Presented by

    Liberty Realty
    • Liberty Realty
    • Broker Associate
    • 201-610-1010
    • 201-222-2900

Tell Me More About This Property

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Listing Information provided courtesy of PROMINENT PROPERTIES SOTHEBY'S INTERNATIONAL REALTY. Call at 201-333-7717