Condo For Sale in Jersey City, NJ

MLS# : 260009063

Street : 278 MAGNOLIA AVE 12
Price : $430,000
Town : Jersey City, NJ 07306
Annual Taxes : $6,913
Monthly Maintenance : $660

PROPERTY DETAILS

Bedrooms : 2
Full Baths :
Half Baths :
Garage :
Building Type :
Building/Complex :
Laundry :
Misc : Near Train,Near Shopping,Near Bus,Near Parks,Near Schools,Near Path

PROPERTY DESCRIPTION

Congratulations! You've found it, the condo that actually deserves those superlatives, those last three listings lied about. Nestled on a quiet street in Journal Square, Jersey City's fastest-growing neighborhood and current darling of the "wait, I can afford this?" crowd. Unit 12 at 278 Magnolia Avenue is a two-bedroom, one-bath stunner that wants you to stop renting someone else's dream and start living your own. Beautiful hardwood floors throughout, the kind that makes your socks slide and your guests immediately say "oh wow, are these original?" (Yes. Yes, they are.) The unit faces south, which means golden-hour light that hits different every single afternoon. Your plants will thrive. Your skin will glow. Your enemies will be confused by your general radiance. Both bedrooms are genuinely large, not "large" as in "we measured diagonally and included the closet" large. Large as in you can fit a king bed and have a nightstand on both sides, like a functioning adult. The bathroom is equally generous. No turning sideways to brush your teeth here. And yes, there is a washer and dryer in the unit. In the unit. Not in the basement next to a flickering bulb and someone's mystery bins. Your laundry stays where you do. The building itself is a well-maintained pre-war charmer, because back then they built things to last, not to be flipped in 18 months. There's character in these walls. History. And it's walking distance to THE PATH! The bottom line: this is the rare apartment that delivers on every promise — space, light, location, laundry, and a neighborhood that's going up while you're still getting in at the right time. The only thing it can't do is unpack for you.

Amenities

  • Intercom
  • Hardwood Floor
Appliances Included :

Dishwasher, Refrigerator, Washer/Dryer, Oven/Range Gas

This listing is a courtesy of COLDWELL BANKER REALTY
201-798-3300 office, listing agent MATTHEW FLEMING

About Jersey City, NJ Real Estate Market

With an area of 21.13 square miles and a population of more than 290,000, Jersey City is one of the largest cities in the USA and the second-most populous city in New Jersey after Newark. A part of Hudson County from New Jersey and the New York metropolitan area, Jersey City is present on the west of Hackensack River, on a peninsula known as Bergen Neck.

Jersey City currently serves as a prime hub for distribution and transportation terminus for the Port of New York and New Jersey. Ever since the redevelopment of the Jersey City Waterfront happened, Jersey City became a major hub for banking and finance in the United States of America. All these developments in these years also resulted in the development of Hudson County real estate in the city.

Consisting of most of the parts of Ellis Island, Jersey City also surrounds Liberty City through its waters in the Upper New York Bay. Thanks to its proximity and easy connectivity to Manhattan, Jersey City is also considered the sixth borough of New York City. Jersey City has some of the earliest European settlements in North America, which played a crucial role in the development of various sections of the city.
Population:  267,345
Total Housing Units:  104,018
Single Family Homes:  36,684
Apartments:  67,334
General Tax Rate (2025):  2.335%
Effective Tax Rate (2025):  1.847%
Compare To Other Towns

Jersey City Market Indicators

PRICE INDEX

Average Price* (12mo):  $741,776
Homes Sold* (12mo):  184
PRICE INDEX
SINGLE FAMILY HOME SALES

Jersey City, NJ
12 Month Moving Average


1 YR 2 YR 3 YR 5 YR 7 YR MAX
 

Download Full Home Sales Report

PRICE INDEX

Average Price* (12mo):  $681,468
Apatments Sold* (12mo):  1,096
PRICE INDEX
APARTMENT SALES

Jersey City, NJ
12 Month Moving Average


1 YR 2 YR 3 YR 5 YR 7 YR MAX

 

Download Full Apartment Sales Report

REAL ESTATE TAXES

General Tax Rate (2025):  2.335%
Effective Tax Rate (2025):  1.847%
GENRAL TAX RATE - Jersey City, NJ



MADISON ADAMSTM

office: 201-760-1100
84 E Ridgewood Ave, Suite 201
Ridgewood, NJ 07450
201-760-1100 (office)
201-760-1102 (fax)

Contact Info

FOR APPOINTMENTS CONTACT


Managing Partner
Broker Associate
646-279-8233 (cell)

Madisom Adams Broker Associate Helena Lobo-Zagorski


Sales Associate
201-724-6913 (cell)

Madisom Adams Sales Associate Carmela Maggio


Licensed as Marek Zagorski
Broker
201-478-3185 (cell)

Madisom Adams Broker Marek Zagorski


Real estate inventory
Jersey City
Homes : $425,000 - 3,500,000 50
Condos : $165,000 - 6,499,000 549
Co-ops : $345,000 - 679,000 10
Twnhs : $450,000 - 2,499,000 17
2-4 Fam : $415,000 - 2,875,000 128
5+ Fam : $1,550,000 - 1,550,000 1
Land : $469,000 - 4,800,000 23
Rentals : $1,750 - 4,700 39
Mixd Use : $1,550,000 - 1,550,000 1
Com S : -
Com L : -
Biz : $60,000 - 400,000 10


Similar Listings in Jersey City

The data relating to the real estate for sale on this web site comes in part from the Internet Data Exchange Program of the NJMLS. Real estate listings held by brokerage firms other than Madison Adams are marked with the Internet Data Exchange logo and information about them includes the name of the listing brokers. Some properties listed with the participating brokers do not appear on this website at the request of the seller. Listings of brokers that do not participate in Internet Data Exchange do not appear on this website.
NJMLS is the owner of the copyrights of the listing content displayed for IDX. The NJMLS Internet Data Exchange Logo is a service mark owned by the NJMLS, Inc. All information deemed reliable but not guaranteed. Last date updated: 05/14/2026 00:05 AM Source: New Jersey Multiple Listing Service, Inc. “©2026 New Jersey Multiple Listing Service, Inc. All rights reserved.”


General Tax Rate is used to determine the amount of real estate tax levied upon a particular property. This rate is used to compute the tax bill.

Effective Tax Rate is used to compare of one district to another district based on the assumption that all districts are at 100% valuation. This rate has been computed by the State of New Jersey Department of the Treasury using County Equalization Average Ratios. This rate is NOT to be used to compute the tax bill.

Data Source: US Census 2010, NJ MLS, State of New Jersey Department of the Treasury

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Madison AdamsTM

84 E Ridgewood Ave, Suite 201
Ridgewood, NJ 07450
201 760-1100 (office)
201 760-1102 (fax)
office@madisonadams.com