Active

243 MONTGOMERY ST

JC, Downtown NJ, 07302

$2,799,999


Active

8 Beds

4 Baths

Multi-family

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.

240007420

MLS ID

April 22, 2024

Listed

May 1, 2024

Updated

Map

243 MONTGOMERY ST
JC, Downtown NJ, 07302

Interior Features

Bedrooms

8


Total Bathrooms

4


Fireplace

No


Cooling

Yes


Cooling Description

A/C Window


Heating

Yes


Heating Description

Radiators

Exterior/Building Features

Architectual Style

Brownstone

Other Property Details

Area Name

JC, Downtown


Days on Market

9


Garage

No


Parking

None


View

No


County

Hudson


Pool

No

Courtesy of PROMINENT PROPERTIES SOTHEBY'S INTERNATIONAL REALTY with LEVI REZAI,
Listing Contact: 201-333-7717 

The IDX display contains information sourced from the Realty Multiple Listing System, Inc. as of 5/1/2024. This data is intended solely for personal, non-commercial use and is not to be utilized for any other purposes except to identify potential properties for purchase. Although the MLS data displayed is typically considered reliable, it is not guaranteed to be accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and are advised to conduct their own investigations or seek professional assistance. Other sources besides the Listing Agent may have contributed to the MLS data presented. Unless expressly specified in writing, the Broker/Agent has not confirmed any information obtained from external sources. The Broker/Agent may or may not have acted as the Listing and/or Selling Agent and cannot guarantee the accuracy of property locations displayed on any map. Any compensation offers are solely made to participants of the MLS where the listing is registered.

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Data last updated on 5/1/2024 at 7:09 PM UTC

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