See Home Value
$1,440,000 - $1,760,000
Multifamily - Off Market

237 7TH ST

JC, Downtown, NJ 07302
bedrooms
5 Beds
bathrooms
3 Baths

About This Property

Your chance to own an incredible, one-of-a-kind 3-family home in the prime Hamilton Park area of downtown Jersey City! 10 minutes to Grove Path Station for an effortless commute or fun in the city. Enjoy a beautiful day in Hamilton Park, just one block away! Close to shopping, movies, Harsimus Cove light rail (with easy access to Liberty State Park), groceries, nightlife, and restaurants with a fantastic selection of local and international cuisines. This historic colonial-style house, full of character, features 3 apartments with washer/dryer, dishwasher and other appliances. The apartments are great income generators always in high demand and easy to rent-- endless options- live-in and rent, full rental, or rent and develop plans to make a palace! Enjoy a barbecue or indulge your green thumb with the huge, private backyard. In addition, this property is one of the few in the area not in the flood zone. The property is gracefully aged, although it may benefit from some renovation to bring it up to modern standards. The property is located in an extra-large lot of 25X100 and has the potential for expansion. The unfinished basement can be finished for additional living space. Own a car? The nearby Newport Mall offers a special monthly rate to Hamilton Park residents with standard spots, including Tesla and EV charging stations! Property generates a total rental income of 9200/month. Total expenses including 2022 property taxes and insurance are 26,584/year. Tenants pay all utilities. The property needs very little maintenance, is fully functional, generates fair market rents and has very good tenants. The property does not need anything immediately. If the new buyers have plans to renovate then the property will require full gut renovations due to several extensions built in the rear over time. The property will be shown to only serious buyers who have any specific questions and who are seriously interested. The property is sold AS-IS.
Unit Size
-
Days on Market
-
Land Size
-
Price per sqft
-
Property Type
Multifamily
Property Taxes
-
HOA Dues
-
Year Built
1890

Price History

Date / Event Date Event Price
Apr 25, 2024 No longer available -
No longer available
Jan 23, 2024 Price Increased $1,600,000
↑ $1 (0%)
Price Increased
Jan 4, 2024 Relisted $1,599,999
Relisted
Jan 3, 2024 No longer available -
No longer available
Oct 16, 2023 Listed $1,599,999
Listed

Property Highlights

Air Conditioning
Interior Details

Basement Information

Basement
Exterior Details

Exterior Information

Aluminum Siding
Vinyl Siding


Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
Multifamily
4 Beds
2 Baths
-
$1,400,000 Oct 20, 2023
$1,400,000 Oct 20, 2023
$2,064/mo
Condo
5 Beds
4 Baths
-
$1,810,000 May 12, 2023
$1,810,000 May 12, 2023
$4,075/mo
Multifamily
6 Beds
4 Baths
-
$1,875,000 Apr 23, 2004
$1,875,000 Dec 8, 2004
$826/mo
House
5 Beds
4 Baths
-
$1,895,000 Nov 30, -0001
$1,810,000 May 12, 2023
$1,940/mo
House
4 Beds
3.1 Baths
-
$1,650,000 Nov 30, -0001
$1,635,000 Sep 6, 2023
$300/mo
Condo
4 Beds
2 Baths
-
$1,525,000 Oct 10, 2023
$1,525,000 Oct 10, 2023
$308/mo
Multifamily
5 Beds
4 Baths
-
$1,690,000 Oct 15, 2023
-
-
Multifamily
3 Beds
3 Baths
-
$1,295,000 Oct 30, 2023
-
$2,118/mo
House
3 Beds
3 Baths
-
$1,699,000 Nov 15, 2023
-
$2,341/mo
Condo
2 Beds
2 Baths
-
$1,675,000 May 10, 2023
-
$2,146/mo
Mixed Use
Stu
-
-
$1,488,888 May 8, 2023
-
$2,576/mo
Condo
Stu
-
1,817 ft²
$823/ft²
$1,495,000 Nov 6, 2023
-
$870/mo

Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20230327
03/27/2023
5 Bed
3 Bath
-
$1,799,980
bedrooms
5 Bed
bathrooms
3 Bath
-
-
-
DEREK EISENBERG
CONTINENTAL REAL ESTATE GROUP, INC.

Building Info

237 7th Street 237 7th Street, Jersey City, NJ 07302
  • 1 Unit for Sale
More about this Building
237 7th Street
Want to find out who owns 237 7th Street, Jersey City, NJ 07302? Get detailed property transactions here .

About Historic Downtown


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