107 MAGNOLIA AVE, JC, Journal Square, New Jersey, 07306

107 MAGNOLIA AVE
JC, Journal Square NJ 07306

Property

Type: Multi-Family
Rooms: 3
Bedrooms: 5 BR
Pets: Pets Allowed

Financials

Rent $1,450,000
140 Bay St, Suite 1 Jersey City, NJ 07302
Courtesy of SUMMIT AVENUE REALTORS ()

Description

Newly renovated and ready for the new Journal Square! A rare opportunity to own a 4-family corner lot with partially finished basement and yard in the quickly developing and highly desirable Hilltop neighborhood of Journal Square. This investment property is within 1 block of the Journal Square 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 future projects, including the newly approved justice complex park, Journal Square Urby, and Journal Squared. Property now includes a fully updated unit with quartz countertops and brand new appliances, including dishwasher and over-the-range microwave. Units feature hard wood floors and newer windows. Skylight windows reveal a clean and bright hallway. The property also features a full basement with french drain, 2 sump pumps, brand new check valves, and walk-out to a large backyard waiting for its future owner to make into their own. Each unit has its own electric and gas meters. It also has a newer water heater. Be ahead of the curve and come see this great investment!

Neighborhood

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107 MAGNOLIA AVE Multi-Family New Jersey

Description

Newly renovated and ready for the new Journal Square! A rare opportunity to own a 4-family corner lot with partially finished basement and yard in the quickly developing and highly desirable Hilltop neighborhood of Journal Square. This investment property is within 1 block of the Journal Square 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 future projects, including the newly approved justice complex park, Journal Square Urby, and Journal Squared. Property now includes a fully updated unit with quartz countertops and brand new appliances, including dishwasher and over-the-range microwave. Units feature hard wood floors and newer windows. Skylight windows reveal a clean and bright hallway. The property also features a full basement with french drain, 2 sump pumps, brand new check valves, and walk-out to a large backyard waiting for its future owner to make into their own. Each unit has its own electric and gas meters. It also has a newer water heater. Be ahead of the curve and come see this great investment!

Neighborhood

More listings:

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