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Erin and Russ Downs of Downs Group at KW City Life JC just set a new sales record for three-family properties in Bergen-Lafayette, according to the Multiple Listing Service (MLS). Built in 1872, 345 Communipaw Avenue featured renovated historical interiors, an owner’s duplex, two rental units, and expansive private outdoor space and parking.
Architectural history coupled with an investment opportunity proved to be the perfect combination and Downs Group secured significant interest. The breathtaking property garnered multiple offers, all over the asking price and waiving almost all contingencies. 345 Communipaw Avenue closed at $1,308,999.
The 19th-century brownstone is everything one imagines: a stately grey stone exterior, a grand front stoop leading to an arched double front door, and countless original facade details all topped by a period-perfect cornice.
Immaculate finishes like American Hickory eight-inch wide-plank hardwood floors, arched plasterwork, and exposed brick alongside modern renovations like the striking new kitchen in the owner’s duplex distinguish 345 Communipaw Avenue as a rare and thoughtful combination of old and new.
Located in the highly sought-after neighborhood of Bergen-Lafayette, affectionately known as “BeLa,” the property is surrounded by the best of Chilltown cool right now: local coffee shop, The Grind; favorite craft cocktail bar and restaurant, Harry’s Daughter; countless restaurants including Pinwheel Garden Dumpling and Noodle Bar and Hooked JC; and the booming brewery and spirits industry with Corgi Distillery, Jersey City’s first and only distillery, and the recently relocated Hoboken 902 Brew Co.
345 Communipaw Avenue is also only minutes from the Liberty State Park station on the Hudson-Bergen Light Rail and the spectacular green space and waterfront of Liberty State Park — the future home of SciTech City, a “mini-city” built to optimize STEM.
Not only is Bergen-Lafayette one of Jersey City’s most beloved neighborhoods but it’s also booming with new construction: a 24-story tower near Liberty State Park was recently green-lit, a 40-unit residential development with retail and parking will be built at 475 Communipaw Avenue, and Jersey City is currently building a brand new, $120 million Public Safety Headquarters in the neighborhood. And a bold plan for a massive mixed-use development along the waterfront near Liberty State Park, dubbed The Cove, has been proposed.
Erin and Russell Downs are founding members of Downs Group at KW City Life and boast over $100M in residential sales. Jersey City residents since 2005, Erin and Russ bring local expertise and collectively, over 20 years of professional sales, management, and strategic marketing experience to their team. They are skilled at project management, creative direction, and building relationships — laser-focused on every client’s priorities.
Erin and Russ are passionate about all things real estate and that passion translates on screen. They were featured on HGTV’s “House Hunters” (S168, EP3) and they also executive produce their own show on YouTube known as “Dreams In Progress.” And with a massive network of professional agents, Downs Group can facilitate transactions in all 50 states.
Every good home also deserves a good pet and Erin Downs, along with co-founding partner Keri Kutansky, are doing the admirable work of making that a reality one loving animal rescue at a time. Please visit nextchancerescue.org to learn more, support, and adopt!
Erin & Russ Downs of Downs Group at KW City Life JC can be reached at 201-314-9444 or [email protected].