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243 MONTGOMERY ST, JC, Downtown, NJ, 07302

  • $2,799,999
243 MONTGOMERY ST , 243 MONTGOMERY ST , JC, Downtown, JC, Downtown, Hudson

243 MONTGOMERY ST, JC, Downtown, NJ, 07302

243 MONTGOMERY ST , 243 MONTGOMERY ST , JC, Downtown, JC, Downtown, Hudson
  • $2,799,999

Overview

Property ID: 240007420
  • 4 Family
  • Property Type
  • 4
  • Bathrooms
  • 240007420
  • Property ID
  • Address 243 MONTGOMERY ST
  • City JC, Downtown
  • State/county Hudson
  • Zip/Postal Code 07302
  • Area JC, Downtown
  • Country USA

Details

Updated on July 12, 2024 at 11:23 am
  • Property ID: 240007420
  • Price: $2,799,999
  • Bathrooms: 4
  • Property Type: 4 Family
  • Property Status: For Sale

Additional details

  • Lot: 00004
  • LotSizeSqft: 0
  • LotSize: 25x100
  • Est Tax: $29652
  • TaxYear: 2022
  • In Between: Grove St & Barrow St

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 25×100 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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Listed By: PROMINENT PROPERTIES SOTHEBY'S INTERNATIONAL REALTY

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