Listing Courtesy Of:
COLDWELL BANKER REALTY, 201-963-1400, SHARON KIM
Local Realty Services Provided By:
Keller Williams Realty City Life JC
Overview
What It'll Cost
Neighborhood
Similar Homes
$2,399,000
250 GROVE ST #1-4, JC, Downtown, NJ 07302
8 Beds
5 Baths
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$2,399,000
250 GROVE ST #1-4, JC, Downtown, NJ 07302
Estimation provided by Keller Williams Realty Inc.
8 Beds
5 Baths
Active
For Sale
Property Description
BEAUTIFUL BRICK BROWNSTONE 4 FAMILY in PEDESTRIAN PARADISE in the heart of Downtown Jersey City! Built in 1872, this timeless treasure has the State’s Certificate of Inspection (Green card) issued on 10/21/2024 (good for 5 years). It also has the Certificate of Registration updated on 2/26/2025. Drenched with plenty of sunlight, This CLASSIC PRE-WAR SOLID BRICK BUILDING IS VERY WELL KEPT. The FIRST FLOOR IS VACANT. It is a 2 bed & 1.5 bathrooms. It is the LARGEST UNIT at 758.66 sqft with a private yard. The unit on 4th floor will be delivered vacant at closing. Each unit has an in-suite washer & dryer, with their own outdoor space. Most recent updates include new gutters, repainted cornice & stairs, and also single wiring all the smoke/carbon monoxide detectors throughout the building. NOI is over $90K, with good potential to yield a higher return. The Grove Street Path Train Station is only 0.3mi away! As you open the front door, you can see nothing beats this location! It's a quiet building, on a tree-lined street, filled with marvelous restaurants with outdoor dining adorned with strings of warm lights. Van Vorst Park is 0.2mi away. Attached shows rent roll & floor plan. The meters are all separate, with one shared water heater for the building. Please verify taxes independently with assessor's office. Showing of property must be upon proof of funds or updated pre-approval letter from lender. Please provide least 24H advance notice.
Assessed Value is a combination of the land and additions.
2023
$41,841
(+6.09%)
$1,862,100
Land 712,100 +
Additions 1,150,000
2022
$39,439
(+32.04%)
$1,862,100
Land 712,100 +
Additions 1,150,000
2021
$29,868
$1,862,100
Land 712,100 +
Additions 1,150,000
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