237 7th Street

Jersey City, NJ 07302

$1,600,000
Price
5
Beds
3
Baths
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

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,...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.
  1. Listed by DEREK EISENBERG • CONTINENTAL REAL ESTATE GROUP

Property Details for 237 7th Street

Architectural Style
Colonial
Type Of Parking
Other-See Remarks
Area
JC, Downtown
Heating & Cooling
A/C Wall, Gas

Location

Listing Courtesy of CONTINENTAL REAL ESTATE GROUP, DEREK EISENBERG
Add your commute
LISTING UPDATED: 04/24/2024 06:32 PM

Property Details for 237 7th Street

StatusAtty Review In Progress
MLS #230017361
Days on Market190
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS Type3-4 FAMILY / 3 Family
Year Built-
Lot Size0.06 AC / 2,613 SF
CountyHudson County

Location

Listing Courtesy of CONTINENTAL REAL ESTATE GROUP, DEREK EISENBERG
Add your commute

Building Information for 237 7th Street

Stories-Residences-Year Built-Building Size-Lot Size0.06 AC / 2,613 SF

Payment Calculator

$10,749 per month

30 year fixed, 7.25% Interest

Principal and Interest

$8,732

Property Taxes

$2,017

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 237 7th Street

Summary
Location and General Information
  • Address: 237 7TH ST
  • Address Number: 237
  • Address Search Number: 237
  • Between: Erie Street and Jersey Avenue
  • Section: Downtown
  • Street Name: 7TH ST
  • City Name: JC, Downtown
  • County Or Parish: Hudson
Owner
  • Owner Name: Ankit & Angel Jain
Taxes and HOA Information
  • LVT Date: 10-16-2023
  • Tax ID: 3315
Property
Lot Information
  • Block: 11203
  • Lot: 00009
  • Lot Dimensions: 0.06 Acres
Property and Assessments
  • Associated Document Count: 2
  • Charge: Y
Interior and Exterior Features
Exterior Features
  • Exterior: Aluminum/Vinyl
Interior Features
  • Basement Description: Unfinished
  • Fl1 Rooms: 3
  • Fl2 Rooms: 3
  • Fl3 Rooms: 2
  • Fl4 Rooms: 0
  • Floor 1 Bedrooms: 2
  • Floor 1 Full Baths: 1
  • Floor 1 Kitchen: 1
  • Floor 2 Bedrooms: 2
  • Floor 2 Full Baths: 1
  • Floor 2 Kitchens: 1
  • Floor 3 Bedrooms: 1
  • Floor 3 Full Baths: 1
  • Floor 3 Kitchens: 1
  • Total Dining Rooms: 0
  • Total Kitchens: 3
  • Total Living Rooms: 0
  • Total Other Rooms: 0
  • Num of Baths: 3
  • Half Baths Total: 0
  • Full Baths Total: 3
  • Num Full Baths: 3
  • Num Half Baths: 0
  • Bedrooms Total: 5

Property History for 237 7th Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 237 7th Street

Taxable ValueLand$760,000Additions$382,800Total$1,142,800
Tax Record2022$24,204 ($2,017 / month)
Home Facts
Total Finished SqFt2,535 SqFtAbove Grade Finished SqFt2,535 SqFtStories3Lot Size2,500 SqFtStyleTriplexYear Built1890ZoningR-2CountyHUDSONAPN06 11203-0000-00009

Schools near 237 7th Street

This home is within Jersey City Public School District.
Rating
School
Type
Grades
Distance
Public - PK to 8
Public - 9 to 12
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
James J. Ferris High School
Public9 to 12

William L. Dickinson High School
Public9 to 12

Lincoln High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of CONTINENTAL REAL ESTATE GROUP, DEREK EISENBERG

The data relating to the real estate for sale and sold listing information on this website comes from the New Jersey Multiple Listing Service, Inc. Virtual Office Website (VOW) program. This website may not include listings or property addresses of sellers who have directed their listing brokers to withhold their listing or their property address from display on the Internet. Sold listings may have been listed and/or sold by a real estate brokerage other than (insert office name). All information deemed reliable but not guaranteed. NLMLS makes no representation or warranty regarding the accuracy of the data. This data and information is protected under federal copyright laws which prohibit the unauthorized copying or alternation of all or any part of copyrighted materials, including certain compilations of data and information. Copyright violators may be subject to severe fines and penalties under federal law. Source: New Jersey Multiple Listing Service Inc. Last date updated 04/29/2024 11:16 PM © 2024 New Jersey Multiple Listing Service Inc. All rights reserved.