243 Montgomery Street
243 Montgomery Street
$2,799,999
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4
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Description
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....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.
- Listed by LEVI REZAI • PROMINENT PROPERTIES SOTHEBY'S INTERNATIONAL REALTY
Property Details for 243 Montgomery Street
Architectural Style
Brownstone
Type Of ParkingNone
AreaJC, Downtown
Heating & CoolingA/C Window, Radiators
Location
LISTING UPDATED: 05/01/2024 05:42 PM
Property Details for 243 Montgomery Street
Status | Active |
---|---|
MLS # | 240007420 |
Days on Market | 13 |
Taxes | $29,652 / year |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | 3-4 FAMILY / 4 Family |
Year Built | - |
Lot Size | 0.06 AC / 2,500 SF |
County | Hudson County |
Location
Building Information for 243 Montgomery Street
Stories-Residences-Year Built-Building Size-Lot Size0.06 AC / 2,500 SF
Payment Calculator
$17,752 per month
The Payment Calculator is for illustrative purposes only.
Property Information for 243 Montgomery Street
Property History for 243 Montgomery 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 243 Montgomery Street
Taxable ValueLand$765,000Additions$635,000Total$1,400,000
Tax Record2022$29,652 ($2,471 / month)
Home Facts
Total Finished SqFt4,806 SqFtAbove Grade Finished SqFt4,806 SqFtStories4Lot Size2,500 SqFtStyleQuadraplexYear Built1842ZoningC-4CountyHUDSONAPN06 14101-0000-00004
Schools near 243 Montgomery Street
This home is within Jersey City Public School District.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | PK to 5 | |||
Public - | 6 to 8 | |||
Public - | 9 to 12 | |||
Public - | 9 to 12 |
Rating | School | Distance |
---|---|---|
Frank R. Conwell No. 3 Elementary School PublicPK to 5 | ||
Number 4 Middle School Public6 to 8 | ||
Dr. Ronald Mc Nair Academy High School Public9 to 12 | ||
William L. Dickinson 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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