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358-362 Grove St, Jersey City, NJ 07302
$7,500,000
358-362 Grove St, Jersey City, NJ 07302View this property at 358-362 Grove St, Jersey City, NJ 07302
358-362 Grove StJersey CityNJ07302
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Property Description
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.
Full Property Details
Full Property Details for 358-362 Grove St
General
- Price: $7,500,000
- Status: Under Contract
- Type: Commercial
- MLS ID: 240003203
- Updated: 2/20/2024
- Added to Site: 87 day(s) ago
Location
- County: Hudson
- Location Details: Bay & First St.
Structural Information
- Construction: Brick
- Stories in Building: 4
- # of Stores: 4
Lot Features
- Lot Size: 75' x75'
- Lot Dimensions: 75' x 75'
- Lot Description: 18
Financial Considerations
- For Sale/Rent/Lease: For Sale
Disclosures and Reports
- Inclusions: 19 gas oven/ranges. 15 refrigerators
- Lead Paint Discl.: Yes
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Price & Sales History for 358-362 Grove St
Date
Details
Price
Change
Source
2/20/2024
Listed
$7,500,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 358-362 Grove St
358-362 Grove St, Jersey City, NJ 07302 (MLS# 240003203) is a Commercial property. 358-362 Grove St is currently listed for $7,500,000 and was received on February 20, 2024. This property is listed by Medhat "Zak" Dewaik from our Jersey City Office.Want to learn more about 358-362 Grove St? Do you have questions about finding other Commercial real estate for sale in Downtown? You can browse all Downtown real estate or contact a Coldwell Banker agent to request more information.