242 Baldwin Ave, Jersey City

$1,650,000

7 Beds
5 Baths
0 Sqft
0 Acres
0 Garages

Baldwin at Magnolia cross streets: behind the historic Magnolia Ave brownstone row! 350 yards to “Journal Squared” and the modern new entrance to the PATH train, 3 stops to WTC! 3 level, 2 Family, 7br/5bath ‘modern brownstone’ with 9ft ceilings on middle floor and vaulted ceilings on 2nd floor, skylights, designer hardwoods, 1.5 car garage, 2 car driveway, and mini backyard. Shared property line with (6) historic Magnolia Ave Brownstones! Massive units! 31ft long living rooms in both units! Excellent finishing touches include soft close cabinets, under cabinet lighting, designer fans, recessed lighting, and dimmers throughout. Pictures don't do it justice! BUILT in 2001, a “brownstone” on the tax records but with modern luxuries: central air, under cabinet lighting, steel tiled breakfast bars, all stainless appliances, fresh mocha hardwoods on middle level, tan hardwoods up top, jacuzzi jet tubs, eco-friendly power flush toilets, two sun drenched back porches with sliding doors and a mini back yard all facing South. Smart money! EXCELLENT cash flow/substantial income producer, or the PERFECT HOME! A gem of a lot: eastern side of the building creates the backdrop for the charming courtyards for a row of Magnolia brownstones: picturesque views from kitchens, bedrooms, and several levels of back porches. New restaurants and retail breaking into Journal Square including new grocery! A perfect balance: in the sought after Hilltop section of Jersey City yet with walking distance to the ‘Village’ area restaurants and nightlife. Seeking investors or outright sale: North property line is the 2060 Journal Square Redevelopment zone boarder. How often can you find a structure built this century, 350 yards to the train entrance, with neighborhood charm, driveway parking for 2, 1.5 car garage and mini backyard? Renewed leases can be executed at closing upon buyer preference, or building unit(s) can be vacated in less than 45 days with a suitable non refundable deposit from the buyer. EXCELLENT TENANTS!!

Essential Information
MLS® #190003467
Price$1,650,000
Bedrooms7
Bathrooms5.00
Full Baths5
Acres0.00
TypeMulti-Family
Sub-Type2 Family
StatusACTIVE
Style

Brownstone, Contemporary, Multi-Level

Community Information
Address242 Baldwin Ave
AreaJC Journal Square
CityJersey City
CountyHudson
StateNJ
Zip Code07306
Amenities
Parking3+ Cars, Garage
Interior
HeatingA/C Central, Baseboard, Gas
Has BasementYes
BasementFinished
Exterior
ExteriorAluminum/Vinyl, Stone
Lot Description25x102
Additional Information
Date ListedFebruary 22nd, 2019
Days on Market147
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Listing information last updated on July 19th, 2019 at 6:03pm CDT.

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