Built on a generous 100ft deep lot - Multi-Family New Jersey

140 Bay St, Suite 1 Jersey City, NJ 07302
Phone: 201-225-8655
Fax: 201-604-6474


218 8TH ST
JC, Downtown NJ 07302
Cross street:7th and Pavonia


Ownership: For Sale
Type: Multi-Family
Rooms: 4
Bathrooms: 4
Pets: No Pets


Price: $1,999,000


Built on a generous 100ft deep lot, this impressive 18.08ft wide townhouse has undergone a complete transformation in recent years. Every room is in superb proportion and has been lovingly restored. The brick structure dating back to the late 1800’s retains much of its original characters including ornate ceiling plaster moldings in the parlor, wide plank floors throughout, four marble fireplace-mantles, winding staircase with its original banisters, front iron-works and an iconic front stoop. The large kitchen, located on the parlor level, is equipped with Thermador Chef Grade stainless steel stove & dishwasher, Sakura hood, Samsung refrigerator, wine cooler, custom white cabinetry, over-sized island, pantry and quartz counter-tops. Accessible from the kitchen is a wooden deck that leads to a sizable garden with a tool-shed. Also located on the parlor floor with soaring 10ft ceilings is a powder room and washer & dryer. The massive top-floor master suite contains a tranquil five-fixture bathroom with a towel warmer and a windowed walk-in closet. In addition, there are two large bedrooms, a full serene bathroom and a study. Designed for modern living, there are plenty of closets and all newer mechanicals are in excellent shape. The legal two-family house is currently configured with an income generating one-bedroom apartment in mint condition on the garden level and can easily be converted back to a single family. Installed in 2013 are AC system for parlor & top floor, 200amp electricity, plumbing and windows, and in 2016, the roof was fully replaced. The elegant and voluminous residence is located in the leafy Hamilton Park neighborhood, steps to the historic Hamilton Park, cafes, restaurants, shopping, schools and PATH stations. Tax abatement is in place until 2019, and Jersey City's 2018 property tax reevaluation has been already published for this property.

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