243 Montgomery St Jersey City, NJ $ 2,799,999
243 Montgomery St
$ 2,799,999
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243 Montgomery St

Jersey City, NJ, 07302
$ 2,799,999
Bedrooms8 Baths4.0

Monthly Estimate*

$ 19,559

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Multi-Family Home for sale in Jersey City, NJ

for $2,799,999 with 8 bedrooms and 4 full baths.

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.

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Multi-Family Active

Price

$ 2,799,999

Bedrooms

8

Full Bath

4

Property Type

Multi-Family

Taxes

$ 29,652

Style

Brownstone

Town/City

Jersey City

County/Region

Hudson

MLS | Web ID

240007420

Features
Interior
Basement Partial Finish Walk-Out
Half Baths 0
Total Full Baths 4
Heating/Cooling A/C Window Radiators
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General
Bathrooms 4
County Hudson
Class 3-4 FAMILY
Type 4 Family
Block 14101
Section Downtown
Tax Year 2022
Status ACTIVE
City JC Downtown
Taxes 29652
Street Name MONTGOMERY ST
DOM 11
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Exterior
Exterior Finish Brick
Lot Dimensions 25x100
Parking available None
Building Style Brownstone
Lot 00004
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* Excluded Features
List By
Prominent Properties Sotheby's International Realty

Broker

(201) 333-7717

Phone

Affordability Calculator

$22,030
Per Month
89%
11%
0%
Monthly Principal & Interest
$19,559
Monthly Property Taxes
$2,471
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
562271 Elementary School
562272 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
4/22/2024$2,799,999 Listed Price

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243 Montgomery St, Jersey City, NJ, 07302 is a Multi-Family Home for sale at $2,799,999. 243 Montgomery St has 8 bedrooms and 4.0 baths. The property's zip code is 07302 which is in Jersey City, NJ