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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)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

Nearby Major Retailers

Shake Shack
PNC Bank
Bank of America
BJ's Wholesale Club
The Gym
Santander
ShopRite
CycleBar
F45 Training, Inc.
Barre3

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
06-11508-0000-00018
Land Assessment
£1,234,786
Improvements Assessment
£1,912,219
Total Assessment
£3,147,005
  • Listing ID: 31892072

  • Date on Market: 22/05/2024

  • Last Updated:

  • Address: 358 Grove St, Jersey City, NJ 07302

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