• Asking Price $1,695,000
  • Estimated Value: $1,062,908

  • 107 MAGNOLIA AVE JERSEY CITY, NJ 07306

  • 6 Beds 5 Baths 2,716 SqFt
  • Multi-family (5 or more units) / For Sale by Owner
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Property Details for 107 MAGNOLIA AVE, JERSEY CITY, NJ 07306

Features

  • Price/sqft: $624
  • Lot Size: 2500
  • Total Rooms: 6
  • Stories: 200
  • Heating: Yes
  • Construction Type: Frame

Facts

  • Year Built: 01/01/1914
  • Property ID: 615794701
  • Parcel Number: 06 09604-0000-00006
  • Property Type: Multi-family (5 or more units)
  • County: HUDSON

Description

This property is offered for sale directly by the owner. For Sale By Owner homes, also known as FSBOs, can be a good buying opportunity, because the owner will save up to 6% when there are no brokers involved in the transaction. This leaves more room for price negotiation and potential buyer savings.

This listing is NOT a foreclosure. A rare opportunity to own a 4-family in the quickly developing Magnolia neighborhood of Journal Square. This unique, positive cash flow property has been well maintained by its previous owner and is in great condition. This corner lot is within 1 block of the Journal Square PATH station as well as the site of future development projects, including the newly approved justice complex park and Journal Square Urby. Equity appreciation is nearly guaranteed. The property features a semi-finished, flood-proofed basement and large backyard waiting for its future owner to make into their own unit. An ideal property for someone who is ready to live right next to Journal Square and have a solid investment property at the same time. This will go fast!

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All information provided is deemed reliable, but is not guaranteed and should be independently verified.

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