A rating for the building relative to other buildings of the same type throughout the country.Learn more
82Units
5Stories
1828Year Built
$171K - $288KValue Range
Available Units
For Sale
No Units Available
For Rent
Highlights
Elevator
Liberty High School Rated A-
Laundry Facilities
Historic charm meets urban convenience in Jersey City
The Madrid, a five-story brick building completed in 1828, stands as a testament to Jersey City's rich architectural heritage. Located in the heart of McGinley Square, this 82-unit condominium offers residents a blend of historic character and modern urban living. The building's enduring presence in the neighborhood reflects nearly two centuries of Jersey City's evolution, making it an integral part of the local landscape.
Efficient studios and one-bedroom homes with modern updates
The Madrid offers a range of living spaces to suit different needs, from cozy studios to more spacious one-bedroom units. Studios range from 368 to 773 square feet, providing compact yet functional living areas. One-bedroom apartments span from 500 to 773 square feet, offering additional space and privacy. These units typically rent for around $1,800 per month, making them an attractive option for those seeking affordable city living.
Recent renovations have brought modern touches to many of the apartments. Residents can expect to find updated kitchens featuring stainless steel appliances and granite countertops. Traditional hardwood floors run throughout the units, adding warmth and character. The bathrooms have been refreshed with tiled finishes and natural stone walk-in showers. These urban homes create bright and inviting living spaces.
Storage is a priority in these urban homes, with most units boasting three closets, including generous walk-in closets. The apartments also feature high ceilings, enhancing the sense of space. For those who work from home, many units come equipped with FIOS-ready home office areas. The combination of historic charm and contemporary updates makes The Madrid's apartments both comfortable and practical for modern city dwellers.
Essential conveniences for comfortable city living
The Madrid offers a selection of amenities designed to enhance residents' daily lives. The building's impressive lobby sets a welcoming tone, providing a tasteful transition from the bustling street to the private residences. A secure mailroom ensures that residents' packages and correspondence are safely stored until retrieval.
For added convenience, the building is equipped with an elevator, making it easier for residents to navigate between floors. A shared laundry room on the premises eliminates the need for trips to off-site laundromats, simplifying this essential chore for residents.
Climate control is a priority at The Madrid, with air conditioning and heating systems ensuring comfort throughout the year. Each unit comes with a fully equipped kitchen, including a refrigerator, oven, and disposal, allowing residents to easily prepare meals at home. The building's walk-up access provides an alternative to the elevator for those who prefer to take the stairs.
While The Madrid may not offer luxury amenities, its focus on practical features and essential services creates a comfortable living environment for its residents in the heart of Jersey City.
A vibrant community with a rich history and diverse offerings
The Madrid is situated in McGinley Square, a neighborhood that serves as the anchor of Jersey City. This area is known for its blend of historic charm and urban convenience, offering residents a unique living experience. The neighborhood gets its name from Roger McGinley, the founding pastor of St. Aedan's Church, which stands as a notable architectural landmark with its fortress-like brick walls and domed roof.
McGinley Square is characterized by its pedestrian-friendly streets lined with a variety of local businesses. Cafes are abundant, reflecting the area's old-world character and community-oriented atmosphere. Blue Coffee, for instance, offers single-origin brews in a chic space with marble floors and plenty of natural light. For those seeking a more traditional coffeehouse experience, Snapdragon Coffee & Social provides a cozy environment with exposed brick walls and comfortable seating, perfect for enjoying a sandwich or bagel.
The culinary scene in McGinley Square is diverse and accessible. Residents can explore a range of cuisines, from Dominican to Pakistani and Honduran. For quick bites, establishments like Gyro Junction and Kennedy Fried Chicken offer affordable options within a short walk from The Madrid. Those craving American classics can visit VIP Diner, a simply appointed eatery serving breakfast, lunch, and dinner just five minutes away on foot.
Shopping options in the area cater to various needs. The 99¢ Value store, located less than a quarter mile away, provides budget-friendly household items. For more extensive shopping, Lot-Less, a retailer offering an assortment of closeout merchandise including clothing and home goods, is about a 10-minute walk from The Madrid.
Green spaces are readily available for residents seeking outdoor recreation. LaPointe Park, less than half a mile away, features a picnic area, playground, and waterpark. For those willing to venture a bit further, Lincoln Park, the largest park in Hudson County, offers athletic facilities, statuary, trails, and wildlife habitats within a 10-minute walk.
The neighborhood hosts various events throughout the year, fostering a strong sense of community. Residents can participate in the Cinco De Mayo Taco Tour, the Mother's Day Market in spring, and the Heart of the City Fall Festival in October. The Live Music Series, held on Saturdays from June to October, brings a variety of musical genres to the area, from pop to folk and jazz.
For families with children, the neighborhood offers several educational options. Martin Luther King Jr. School - P.S. 11, serving pre-kindergarten through middle school students, is just a five-minute walk from The Madrid. Liberty High School, which has received positive ratings, is less than a mile away.
McGinley Square's central location also provides easy access to other parts of Jersey City and beyond. The proximity to Journal Square, with its abundance of transit options, makes The Madrid an ideal home base for those who want to explore all that the New York metropolitan area has to offer while enjoying the distinct character of this historic Jersey City neighborhood.
Well-connected with multiple transit options
The Madrid's location in McGinley Square offers residents excellent transportation options, making it easy to navigate Jersey City and beyond. The neighborhood's high walkability is evident in the numerous amenities and services within a short stroll from the building.
Public transportation is readily accessible, with the Bergen Ave & Highland Ave bus stop less than a minute's walk away. This provides convenient access to various parts of Jersey City and surrounding areas. For those needing to travel further, the Journal Square PATH station is approximately a 10-minute walk from The Madrid. This major transit hub offers service on the Journal Square-33rd Street and Newark Penn Station-World Trade Center lines, providing direct access to Manhattan and other key destinations in the region.
While not as prominent as walking or public transit, cycling is an option in the area. The neighborhood's relatively flat terrain makes it suitable for bike commutes, though dedicated bike lanes may be limited.
For residents who prefer to drive, The Madrid's location provides easy access to major roadways. The building's proximity to main thoroughfares facilitates travel to other parts of Jersey City and neighboring communities.
Those who need to travel further afield will appreciate the proximity to major airports. Newark Liberty International Airport is about a 15-minute drive away, while LaGuardia and John F. Kennedy International airports can be reached in approximately 30 and 40 minutes, respectively.
The combination of walkable streets, robust public transportation options, and easy access to major roadways and airports makes The Madrid an excellent choice for those who value connectivity and convenience in their urban living experience.
Was this overview helpful?
Available Condos
No units matching this criteria are available right now.
Collateral AnalyticsCollateral Analytics
Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.
Black Knight®Black Knight
Black Knight’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.
First AmericanFirst American
First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.
Quantarium
Current List Price
Sold Price
Area Factors
Bikeable
Bike Score®
66/ 100
Walker's Paradise
Walk Score®
98/ 100
Excellent Transit
Transit Score®
80/ 100
Sources: WhatIsMyCrimeRisk.com, Walk Score
Sources: WhatIsMyCrimeRisk.com, Walk Score
WhatIsMyCrimeRisk.com, Powered by CAP Index provides objective, accurate, and consistent data to help measure, compare, and mitigate crime risks. Walk Score® measures the walkability of any address. Transit Score® measures access to public transit. Bike Score® measures the bikeability of any address.
Sound Score® measures the noise level of any address. Environmental risk data is provided by First Street Foundation® and is designed to approximate risk and not intended to include all possible scenarios.
Parks in this Area
LaPointe Park
6 min walk
Picnic Area
Playground
Waterpark
Brett Triangle
8 min walk
Playground
Miralla Triangle
9 min walk
Boyd-McGuiness Park
9 min walk
Trails
Playground
Events
Fairmount Park
10 min walk
Picnic Area
Lincoln Park
12 min walk
Children Park And Basketball Court
13 min walk
Canco Park
15 min walk
Bergen Hill Park
2 min drive
Picnic Area
Events
Schools
Source:
GreatSchools:
The GreatSchools Rating helps parents compare schools within a state based on a variety of school quality indicators and provides a helpful picture of how effectively each school serves all of its students. Ratings are on a scale of 1 (below average) to 10 (above average) and can include test scores, college readiness, academic progress, advanced courses, equity, discipline and attendance data. We also advise parents to visit schools, consider other information on school performance and programs, and consider family needs as part of the school selection process.
View GreatSchools Rating Methodology
Disclaimer: Please note that this building may not be in these schools' attendance zones.
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed and should be independently verified.
