$1,440,000 - $1,760,000
●
Multifamily -
Off Market
237 7TH ST
JC, Downtown, NJ 07302
5 Beds
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
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
Sold
Multifamily
4
Beds
2
Baths
-
$1,400,000
Oct 20, 2023
$1,400,000
Oct 20, 2023
$2,064/mo
Sold
Condo
5
Beds
4
Baths
-
$1,810,000
May 12, 2023
$1,810,000
May 12, 2023
$4,075/mo
Sold
Multifamily
6
Beds
4
Baths
-
$1,875,000
Apr 23, 2004
$1,875,000
Dec 8, 2004
$826/mo
Sold
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
Past Sales
Date | Unit | Beds | Baths | Sqft | Price | Closed | Owner | Listed By |
---|---|---|---|---|---|---|---|---|
03/27/2023
|
|
5 Bed
|
3 Bath
|
-
|
$1,799,980
5 Bed
3 Bath
|
-
-
|
-
|
DEREK EISENBERG
CONTINENTAL REAL ESTATE GROUP, INC.
|