PRIME LOCATION! This amazing Legal two-family home is a Rare gem ahead of its value. This high income producing property offers 9+full bedrooms, 3 full baths, 2-4 parking spots at 3065 Sq ft not including ground level. Gut renovated oversized lot situated on the border of Journal Square and downtown, Jersey City near the desirable section of Hamilton Park. With just a 5 minute walk to Journal Square Path offering only a 10 minute commute to NYC! Nestled on a 25x125 lot including 3065 Sq Ft. Original sanded and restored/stained hardwood floors, brand new kitchen/appliances, white quartz countertops and custom cabinets, new modern flooring, electric, new front brick steps and exterior. Driveway can fit 2 cars with the option of having the garage accommodate an additional two spaces for a total of 4 car spots. Unit 1, currently a duplex has a total of 6 bedrooms and 2 full baths with an open floor layout. The kitchen opens up to a large dining and living area and is great for entertainment. Ground level also offers two private entrances, 3 bedrooms, 1 full bath and the option of adding an additional kitchen/living room area. Unit 2 offers 3 bedrooms, 1 full bath and a large kitchen/dining area as well. Large oversized backyard. Recently upgraded electric panel. Located near all major transportation, houses of worship, major highways including 78, NJ turnpike and RT 139. Only a 5-10 Minute drive through Holland Tunnel into NYC. Private grammar school at the end of the block and high school only 2 blocks away. Located near all major shops, restaurants and parks, this home is a must see! Amazing investment opportunity or occupying with great rental income.
Off market
$1,238,800
61 Magnolia Ave, Jersey City, NJ 07306
9beds
3,065sqft
MultiFamily
Built in 1969
-- sqft lot
$1,238,800 Zestimate®
$404/sqft
$3,424 Estimated rent
What's special
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 9
- Bathrooms: 3
- Full bathrooms: 3
Heating
- Gas
Cooling
- Wall
Features
- Basement: Full, Walk-Out Access
Interior area
- Total interior livable area: 3,065 sqft
Property
Parking
- Total spaces: 2
- Parking features: Carport
Features
- Exterior features: Vinyl, Brick
Lot
- Size: 3,123 sqft
Details
- Parcel number: 0610901000000013
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Contemporary, Other-See Remarks
Materials
- Frame
Condition
- Year built: 1969
Community & neighborhood
Location
- Region: Jersey City
Other
Other facts
- GarageYN: true
- AttachedGarageYN: true
- Heating: Gas
- HeatingYN: true
- CoolingYN: true
- Basement: Full, Walk-Out Access
- ConstructionMaterials: Brick, Aluminum/Vinyl
- ArchitecturalStyle: Contemporary, Other-See Remarks
- Cooling: Window Unit(s), Wall Unit(s)
- ParkingFeatures: Attached, Covered, Garage, 1 Car, 3+ Cars, 2 Cars
- MlsStatus: Active
- TaxAnnualAmount: 11017
- ListPriceLow: 899000
Services availability
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Estimated market value
$1,238,800
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$1,238,800