107 Magnolia Avenue Jersey City, NJ $ 1,450,000
107 Magnolia Avenue
$ 1,450,000
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107 Magnolia Avenue

Jersey City, NJ, 07306
$ 1,450,000
Bedrooms5 Baths5.0

Monthly Estimate*

$ 6,105

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Multi-Family Home for sale in Jersey City, NJ

for $1,450,000 with 5 bedrooms and 5 full baths.

A rare opportunity to own a 4-family corner lot with beautiful yard in the quickly developing and highly desirable Hilltop neighborhood of Journal Square. This investment property is within 1 block of the PATH station in Zone 1 of the Journal Square 2060 Redevelopment Plan giving it multiple options for building and redevelopment as well as placing it near the site of major future projects. Property now includes a fully updated unit with quartz countertops and brand new appliances, including dishwasher and over-the-range microwave. The property also features a partially finished full basement with french drain, 2 sump pumps, brand new check valves, and independent walk-out waiting for its future owner to make their own. Walk-out leads to a large backyard with a patio and garden bed lined with perennial Rose of Sharon and blackberry bushes - rare green space to find so close to the PATH. This is an ideal property for an owner-occupy who would also like cash flow.

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Multi-Family Active

Price

$ 1,450,000

Bedrooms

5

Full Bath

5

Property Type

Multi-Family

Taxes

$ 12,347

Style

4 Family

Town/City

Jersey City

County/Region

Hudson

MLS | Web ID

21017825

Features
Interior
Basement Full Basement Partially Finished
Heating Source Gas
Heating System Baseboard Zoned
Interior Intercom
Room Features Lower Floor Laundry
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Exterior
Community Amenities Laundry Facility
Lot Description Regular
Roof Skylight(s)
Separate Utilities Electric Meters Gas
Siding Brick Vinyl
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Miscellaneous
Location Near Public Transportation Near School Other Shopping Mall / Center
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* Excluded Features
List By
Summit Avenue Realtors

Broker

Affordability Calculator

$7,134
Per Month
86%
14%
0%
Monthly Principal & Interest
$6,105
Monthly Property Taxes
$1,029
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 2.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Pricing History
DatePricePrice ChangeDescription
6/21/2021$1,450,000 -3.27% Price Down
6/7/2021$1,499,000 -1.70% Price Down
5/10/2021$1,525,000 Listed Price

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107 Magnolia Avenue, Jersey City, NJ, 07306 is a Multi-Family Home for sale at $1,450,000. 107 Magnolia Avenue has 5 bedrooms and 5.0 baths. The property's zip code is 07306 which is in Jersey City, NJ