$10,000

closing credit¹

250 Grove St Unit 1-4 Jersey City, NJ 07302

$2,399,000
8 beds
4 full, 1 partial
Multi-Family

Property details

About 250 Grove St Unit 1-4

BEAUTIFUL BRICK BROWNSTONE 4 FAMILY in PEDESTRIAN PARADISE in the heart of Downtown Jersey City! Built in 1872, this timeless treasure has the State’s Certificate of Inspection (Green card) issued on 10/21/2024. This classic pre-war red brick building has been very well maintained also within each unit, which has plenty of sunlight, and also the convenience of their own in-suite washer & dryer. Most recent updates include new gutters, repainted cornice & stairs, and also single wiring all the smoke/carbon monoxide detectors throughout the building. NOI is over $90K, and has good potential to yield a higher return. FIRST FLOOR IS VACANT. It is a 2 bed & 1.5 bathrooms. It is the LARGEST UNIT at 758.66 sqft with a bright and private yard. Unit #2 & #3 also have their own outdoor private space to enjoy a meal and bask under the sun. The Grove Street Path Train Station is only 0.3mi away! Attached shows rent roll & floor plan. Meters are all separate, with one shared water heater for the building. As you open the front door, the tree-lined street is lined up with marvelous restaurants with outdoor dining adorned with strings of warm lights. Van Vorst Park is 0.2mi away. Please verify taxes independently with assessor's office. Showing of property must be upon proof of funds or updated pre-approval letter from lender. Please provide least 24H advance notice.

Highlights

Home typeQuadruplex
HeatingBaseboard
StatusActive
(ACTIVE)
MLS #240019493

Summary

  • MLS Number: 240019493
  • MLS Name: HudsonCountyNJ
  • Office Name: COLDWELL BANKER REALTY
  • Office Phone: (201) 963-1400

IDXThe 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 this broker are marked with the HCIDX mark and the information about them includes the name of the listing broker. Information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Listing(s) information is provided exclusively 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. Copyright © 2025 Realty Multiple Listing System, Inc. Incorporated in 1952 (aka RMLS, Hudson County MLS). All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 1/29/2025, 3:15:56 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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$2,399,000

250 Grove St Unit 1-4

$10,000

closing credit¹

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Price information

Property sales

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Tax history

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Nearby schools

6

Frank R. Conwell School

Public District PK-5

0.2 mi

111 Bright St

9

Cornelia F. Bradford School

Public District PK-5

0.4 mi

96 Sussex St

5

Rev. Dr. Ercel F. Webb School

Public District PK-5

0.9 mi

264 Van Horne St

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $93,354. Most Jersey City, NJ residents have annual incomes between $35k-100k. Residents typically live in single, no kids family. The most common level of education of people living in this area is post secondary degree.

How much money do the neighbors make?

13%
<35k
39%
35k-100k
32%
100k-200k
16%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree
Doctorate

What types of families live nearby?

64%
Single, No Kids
4%
Single, with Kids
19%
Married, No Kids
13%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

10%
<11 yrs old
3%
12-17 yrs old
42%
18-34 yrs old
40%
35-64 yrs old
5%
65+ yrs old

What do the neighbors do for fun?

  • Music ConcertsMusic Concerts
  • Hiking/backpackingHiking/backpacking
  • Art MuseumsArt Museums

Where do the neighbors shop?

  • H&MH&M
  • BloomingdalesBloomingdales
  • Crate & BarrelCrate & Barrel

Where do the neighbors go to eat?

  • ChipotleChipotle
  • StarbucksStarbucks
  • Boston MarketBoston Market

What do the neighbors drive?

  • VolkswagenVolkswagen
  • AudiAudi
  • BMWBMW

What do the neighbors listen to?

  • Rhythmic Contemporary HitsRhythmic Contemporary Hits
  • AlternativeAlternative
  • NewsNews
All data provided by Home Junction and Claritas

Similar homes for sale

This home is located at 250 Grove St Unit 1-4 in Jersey City, NJ and zip code 07302 in the Downtown Jersey City neighborhood. Features: 8 bedrooms, 5 bathrooms. It has been listed on Rocket Homes since November 12, 2024 and is currently priced at $2,399,000.

In December 2024 more than 37 listings in Jersey City, NJ were sold above the asking price. During the same period more than 16 listings were sold at asking price, while more than 56 were sold below. In December 2024 in Jersey City, NJ there were 7.4% less homes for sale than in November. While the average time on the market in December 2024 was 39 days, the median list price was $711,431.

From Rocket Homes Real Estate and based on county public records data.

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