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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

    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.

    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