237 7th Street
237 7th Street
$1,600,000
5
3
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Atty Review In Progress
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.
- Listed by DEREK EISENBERG • CONTINENTAL REAL ESTATE GROUP
Property Details for 237 7th Street
Architectural Style
Colonial
Type Of ParkingOther-See Remarks
AreaJC, Downtown
Heating & CoolingA/C Wall, Gas
Location
LISTING UPDATED: 04/24/2024 06:32 PM
Property Details for 237 7th Street
Status | Atty Review In Progress |
---|---|
MLS # | 230017361 |
Days on Market | 190 |
Taxes | - |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | 3-4 FAMILY / 3 Family |
Year Built | - |
Lot Size | 0.06 AC / 2,613 SF |
County | Hudson County |
Location
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
The Payment Calculator is for illustrative purposes only.
Property Information for 237 7th Street
Property History for 237 7th Street
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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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 |
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Rafael De J. Cordero No. 37 Elementary School PublicPK to 8 | ||
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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