358-362 Grove St Jersey City, NJ ^$ 7,500,000

358-362 Grove St

^$ 7,500,000

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358-362 Grove St

Jersey City, NJ, 07302

^$ 7,500,000

Bedrooms16 Baths19.5

Monthly Estimate*

^$ 52,390

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Multi-Family Home for sale in Jersey City, NJ

for $7,500,000 with 16 bedrooms and 19 full baths, 5 half baths.

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.

Multi-Family Pending

Price

^$ 7,500,000

Bedrooms

Full Bath

Half Bath

Property Type

Multi-Family

Taxes

^$ 84,371

Style

Town/City

Jersey City

County/Region

Hudson

MLS | Web ID

240003203

Features

General

Status Pending Under Contract

Stories 4

County Hudson

Class CI INVESTMENT - SALE ONLY

Type Investment

Block 11508

Section Downtown

Fuel Gas

Area JC Downtown

City JC Downtown

Taxes 84371

Street Name GROVE ST

DOM 0

Interior

Total Number of Units 22

Exterior

Lot Dimensions 75' x75'

Lot 18

* Excluded Features

List By

Coldwell Banker Realty

Broker

(201) 963-1400

Phone

Affordability Calculator

$59,421

Per Month

Monthly Principal & Interest: $52,390
Monthly Property Taxes: $7,031
Monthly Home Insurance: --

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Down Payment

Loan Term

Interest Rate

Yearly Property Taxes

Yearly Home Insurance

Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Multi-family listings in Jersey City, NJ

Average List Price ^$1,119,476

Percent of Sale Price 85%

About Jersey City, NJ

276,709 Population

15% Since 2002

^$68,187 Median Income

37.13 Median Age

27% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

562271 Elementary School

562272 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
2/21/2024	$7,500,000		Listed Price

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358-362 Grove St, Jersey City, NJ, 07302 is a Multi-Family Home for sale at $7,500,000. 358-362 Grove St has 16 bedrooms and 19.5 baths. The property's zip code is 07302 which is in Jersey City, NJ

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Listing data courtesy of Hudson County MLS.

The data relating to real estate for sale or rent on this web site comes in part from the IDX program of the HCMLS. Real Estate listings held by brokerage firms other than Weichert Realtors are marked with the HCIDX mark and information about them includes the name of the listing broker.

The information being provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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358-362 Grove St

Multi-Family Home for sale in Jersey City, NJ

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