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107 Magnolia Ave
Jersey City, NJ 07306
Rare 4-Family(+1) Investment 1 Block from JSQ · Multifamily Property For Sale
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4 Units
Investment Highlights
- Rare 4-family investment property on corner lot
- Semi-finished basement waiting for new owner to make their own
- Potential for redevelopment or condos
- Within 1 block of the Journal Square PATH station in the quickly appreciating Magnolia neighborhood of Journal Square
- Well maintaned by the previous owner and has newly updated vacant apartment - landlord chooses new tenant
- Consistent tenants and rental income
Property Facts
| No. Units | 4 | Lot Size | 0.06 AC |
| Property Type | Multifamily | Building Size | 2,716 SF |
| Property Subtype | Apartment | Average Occupancy | 100% |
| Apartment Style | Low-Rise | No. Stories | 2 |
| Building Class | C | Year Built | 1920 |
| Zoning | Journal Square 2060 - Zoned 4 family residential | ||
| No. Units | 4 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.06 AC |
| Building Size | 2,716 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built | 1920 |
| Zoning | Journal Square 2060 - Zoned 4 family residential |
Amenities
Unit Amenities
- Dishwasher
- Washer/Dryer
- Ceiling Fans
- Hardwood Floors
- Refrigerator
- Tub/Shower
- Carpet
- Basement
- Garden
- Handrails
- Intercom
- Porch
- Skylights
- Vinyl Flooring
Property Taxes
| Parcel Number | 06-09604-0000-00006 | Improvements Assessment | $458,100 |
| Land Assessment | $308,800 | Total Assessment | $766,900 |
Property Taxes
Parcel Number
06-09604-0000-00006
Land Assessment
$308,800
Improvements Assessment
$458,100
Total Assessment
$766,900
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