331 Newark Ave

Jersey City, NJ
$ 5,250,000 Beds 5 Baths 4 Virtual Tour
Monthly Estimate* How much can I afford?

Welcome to unquestionably the most Unique Architectural Achievement of a factory conversion that New Jersey has ever seen. The current home of the Village West Gallery is located in a chic, hip Downtown Jersey City neighborhood. Encompassing a rich history of an original glass and bottle factory, it has been reinvented and restored with meticulous attention to detail and artisan craftsmanship to its current architectural grandeur. Currently used as a massive 2 bedroom , 3 full and 2 half bathroom home that can easily be converted to 5 bedrooms complemented by a majestic grand ballroom, with stone waterfall wall, an expansive wet bar with a wine cooler and refrigerator, dishwasher and a Miele coffee-brewing station, Art Gallery, Library, indoor gym, 3 palatial outdoor patios offering exquisite NYC views, plus your own putting green, which can be reconverted to a rooftop pool. Upon entering you will appreciate the open lofted energy throughout, conveyed by soaring ceilings, large windows and skylights, affording natural, ambient lighting throughout (1 of 3 in the USA). This is enhanced by a rare roof-installed Parans Lighting System of fiber-optic cables that delivers natural sunlight throughout the home. You will applaud the magnificent atmosphere, displaying something interesting at every turn including a glass-enclosed freight elevator which serves as a visual center, antique heart-pine stairway with brass risers, superb brass railings and newel posts, hand restored original beams, wide plank flooring, vintage 1910 mahogany bathroom doors and exceptional hand painted murals which add a glamorous and charming appeal. The Kitchen is a creative center for the serious chef, providing a pro-style 4'wide 6 burner gas range with a grill and warming station, a 4' wide SubZero refrigerator, disposal, farm style sink, quartz counters and custom cabinetry crafted by Jersey City's Sandkamp Woodworks. Currently used as a single family residence with an art gallery on the ground level, it falls under NJ zoning for residential and commercial use, providing several options to consider. Rare and very desirable features include a heated 4 car garage, which includes a 240 volt charger outlet for electric powered vehicles, a spacious basement level offering tremendous storage and a 5 zoned HVAC system that provides warmth and cooling for the ultimate interior climate year-round. With an exceptional history, enriched by creative genius, and transformed into an extraordinary architectural treasure. Please contact INGRID/COURTENAY for an in-depth private tour, or to request a detailed inventory of the vastly impressive rooms and features contained within this spectacular residence.

Single Family

  • Price
  • $ 5,250,000
  • City
  • Jersey City
  • Bedrooms
  • 5
  • Full Bathrooms
  • 3
  • County
  • HUDSON
  • Half Bathrooms
  • 2
  • Area
  • Downtown
  • Lot Size
  • Zip
  • 07302
  • Taxes
  • $ 47858
  • Style
  • Brownstone
  • MLS#
  • 220016395
Listed By: PROMINENT PROPERTIES SOTHEBY'S INTERNATIONAL REALTY - 201-795-5200
Data Source: Hudson County MLS (HCMLS)

Features

General

Amenities Include Intercom, Terrace, Hardwood Floor, Fireplace
Area JC, Downtown
Basement Full, Unfinished
Bathrooms 5
Class ONE FAMILY
Exclusions Personal Property - Chandelier in Dining Area/ Kitchen
Miscellaneous New York View, River View, Near Train, Near Shopping, Near Bus, Near Parks, Near Schools, Near Path
Pets Allowed No
Section Downtown
Showing Instructions Other See Remarks
Status Active
Status ACTIVE
Taxes 47858
Type One Family

Interior Features

Appliances Included Dishwasher, Microwave, Refrigerator, Washer/Dryer, Oven/Range Gas
Beds 5
Half Baths 2
Heating/Cooling A/C Central, Gas, Hot Air
Lower Level Living Room 1
Lower Level Other 1
Total Dining Rooms 1
Total Full Baths 3
Total Kitchens 1
Total Living Rooms 3
Total Other 4
Total Rooms 14

Exterior Features

Building Style Brownstone
Exterior Brick
Inclusions All Appliances and Fixtures
Lot Dimensions 25.79 x 97
Parking Available 3+ Cars, Attached, Covered, Garage

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Affordability Calculator

$3,396

Per Month

Based on the average sale price from the Bayonne, NJ office

  • Monthly Principal & interest $2,268
  • Monthly Property Taxes $1,062
  • Monthly Home Insurance $67
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Default based on a 30-year fixed rate of 5.875% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA, or jumbo loans.

Schools

Elementary School Unknown Elementary School
Middle School Unknown Middle School
High School Unknown High School

Price History

9/12/2022 Listed $5,250,000

Property vs Zip Code Average in 07302

Price
AVG $1.9M
$5.25M
Taxes
AVG $20,068
$47,858
Visits
AVG 21
62
Walkscore
AVG 97
97
Data Provided by Walkscore ® not using MLS data

Map

331 Newark Ave Jersey City, NJ is a Single Family Home for sale at $5250000 and a lot size of Acre(s). 331 Newark Ave Jersey City has 5 bedrooms, 3 baths . The property's zip code is 07302 which is in Jersey City, NJ

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 5.875% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

All information deemed reliable, but not guaranteed, and should be independently verified. The real estate information and related content displayed on this site is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.