107 Magnolia Ave, Jersey City


5 Beds
5 Baths
0 Sqft
0 Acres
0 Garages

Location, location, location! A rare opportunity to own a 4-family corner lot with basement and yard in the quickly developing Magnolia neighborhood of Journal Square. This investment property 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. Lots of potential for updating, redevelopment, or condos. The property has been well maintained by its previous owner and is generally in great condition. Units feature hard wood floors and newer windows. Skylight windows reveal a clean and bright hallway. The property features a semi-finished 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. As of now, one 2nd floor unit will be delivered vacant! An ideal property for someone who is looking for something to update for premium rents and a solid investment property before major development raises property values.

Essential Information
MLS® #202021518
Full Baths5
Sub-Type4 Family
StyleMulti-Level, Other-See Remarks
Community Information
Address107 Magnolia Ave
AreaJC Journal Square
CityJersey City
Zip Code07306
HeatingBaseboard, Gas, Hot Water
Has BasementYes
BasementFull, Partial Finish, Walk-Out
ExteriorAluminum/Vinyl, Brick
Lot Description25 X 100
Additional Information
Date ListedSeptember 24th, 2020
Days on Market28

Get directions to this property:


The data relating to real estate for sale or rent on this web site comes in part from the IDX program of the HCMLS. Real estate listings held by brokerage firms other than Sawyer Smith Residential Brokerage are marked with the HCIDX mark and the information about them includes the name of the listing broker.

The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing or renting.

Listing information last updated on October 22nd, 2020 at 4:18am CDT.

Subscribe and stay up to date!