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243 Montgomery St

Jersey City, Downtown, NJ 07302
  • $2,799,999
  • STATUS: Active
  • ON SITE: 58 Days
  • MLS #: 240007420
$2,799,999
  • 8
    BEDS
  • N/A
    ACRES
  • 4
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
County:

School Ratings & Info

Description

Please see attached documents for floor plans, P&L, and condo-conversion construction options. 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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© 2024 Hudson County Multiple Listing Service. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Trompeter Real Estate. The data relating to real estate for sale or lease on this web site comes in part from HCMLS. Real estate listings held by brokerage firms other than Trompeter Real Estate are marked with the HCMLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Data last updated: 2024-06-20T00:25:44.773.
www.trompeterrealestate.com/homes/149756110
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243 Montgomery St Jersey City, Downtown, NJ 07302

  • Price: $2,799,999
  • Status: Active
  • On Site: 58 Days
  • MLS #: 240007420
8
Beds
4
Baths
0
½ Baths
N/A
Acres
Neighborhood:
Jersey City, Downtown
County:
Hudson
Area:
Jersey City, Downtown
Property Description
Please see attached documents for floor plans, P&L, and condo-conversion construction options. 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.
Exterior Features

Exterior Finish Brick Lot Size 25x100 Parking None Style Brownstone

Interior Features

Basement Partial FinishWalk-Out Floor1 Rooms 5 Floor2 Rooms 5 Floor3 Rooms 5 Floor4 Rooms 5 Heating Cooling A/C WindowRadiators Level1 Baths 1 Level1 Bedrooms 2 Level2 Baths 1 Level2 Bedrooms 2 Level3 Baths 1 Level3 Bedrooms 2 Level4 Baths 1 Level4 Bedrooms 2 Total Other Rooms 1

Property Features

Internet Yes Lead Paint Form Yes Multifamily Type 4 Family Section Downtown Taxes 29652

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


© 2024 Hudson County Multiple Listing Service. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Trompeter Real Estate. The data relating to real estate for sale or lease on this web site comes in part from HCMLS. Real estate listings held by brokerage firms other than Trompeter Real Estate are marked with the HCMLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Data last updated: 2024-06-20T00:25:44.773.
 
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Trompeter Real Estate
355 Varick Street
Jersey City NJ, 07302