358-362 Grove St Jersey City NJ 07302

3,883 SF | 100% Leased | Retail Building | Jersey City, NJ 07302 | $7,500,000 ($1,931/SF)

Asking Price $7,500,000

Property Type: Retail
Square Feet: 3,883 SF
Price / Square Foot: $1,931

Listing Contacts

Medhat Dewaik

Verified Profile

Property Info

Property Overview

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 Details

Class: C
Year Built: 1900
Stories: 4
Property Subtype: Storefront Retail/Residential
Lot Size (sq. ft): 5,663 SF

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