358-362 Grove St Jersey City NJ 07302 | 358 Grove St
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358-362 Grove St Jersey City NJ 07302 358 Grove St
3,883 SF 100% Leased Retail Building Jersey City, NJ 07302 £5,925,075 (£1,526/SF)
Executive Summary
Golden opportunity for investors that rarely comes along. This brick building consists of 19 residential units and 3 commercial units and is located in the heart of Historic Downtown Jersey City, just a block and half from Grove St. Path Train Station. 16 1BR and 3 studio units, fully occupied. All separate heat and hot water. Great income with low expenses. Cap rate is 5.5%. Close to shopping, schools, restaurants and transportation. It won't last. Call for private showing.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
3,883 SF
Building Class
C
Year Built
1900
Price
£5,925,075
Price Per SF
£1,526
Percent Leased
100%
Tenancy
Multiple
Number of Floors
4
Slab to Slab
12 ft
Building FAR
0.69
Land Acres
0.13 AC
Frontage
19 ft on Grove St
Walk Score ®
Walker's Paradise (100)
Transit Score ®
Excellent Transit (83)
Bike Score ®
Very Bikeable (78)
Nearby Major Retailers
PROPERTY TAXES
Parcel Number | 06-11508-0000-00018 | Improvements Assessment | £1,912,219 |
Land Assessment | £1,234,786 | Total Assessment | £3,147,005 |
PROPERTY TAXES
Parcel Number
06-11508-0000-00018
Land Assessment
£1,234,786
Improvements Assessment
£1,912,219
Total Assessment
£3,147,005
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358-362 Grove St Jersey City NJ 07302 | 358 Grove St
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