243 Montgomery St, Jersey City, NJ 07302 | MLS 240007420 | Listing Information | Berkshire Hathaway HomeServices Jordan Baris Realty | Berkshire Hathaway HomeServices Jordan Baris Realty
New FOR SALE
$2,799,999  

243 Montgomery St
Jersey City, NJ 07302

Fourplex, Multi-Family
Residential
8
Beds
4
Baths
N/A
Acre Lot
Courtesy: PROMINENT PROPERTIES SOTHEBY'S INTERNATIONAL REALTYOffice Phone:201-333-7717
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
Fourplex, Multi-Family, Other
8
Hudson
4 Full
Brick
Bathrooms
4
Total:4
Interior Features
Cooling
Window Unit(s)
Basement
Partially Finished, Walk-Out Access
Exterior / Lot Features
Exterior
Brick
Lot Dimensions
25x100
Financial Considerations
$29,652
Courtesy: PROMINENT PROPERTIES SOTHEBY'S INTERNATIONAL REALTYOffice Phone:201-333-7717
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