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350 Grove St
Jersey City, NJ 07302
Downtown Jersey City Mixed-Use · Retail Property For Sale
Investment Highlights
- Mixed-Use Property Consisting Of 1 Retail Unit And 12 Residential Apartments With Separate Utilities
- Significant Capital Improvements Recently Made To The Exterior And Interior Of The Building
- Residential Unit Mix: (6) 3 Bed/1 Bath, (3) 2 Bed/1 Bath And (3) 1 Bed/1 Bath
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
17,850 SF
Building Class
C
Year Built
1887
Price
$8,091,000
Price Per SF
$453.28
Cap Rate
6.04%
NOI
$488,992
Percent Leased
100%
Tenancy
Multiple
Building Height
4 Stories
Slab To Slab
12’
Building FAR
3.41
Lot Size
0.12 AC
Zoning
NC-1
Frontage
24’ on Grove St
Property Taxes
| Parcel Number | 06-11507-0000-00033 | Improvements Assessment | $880,800 |
| Land Assessment | $600,500 | Total Assessment | $1,481,300 |
Property Taxes
Parcel Number
06-11507-0000-00033
Land Assessment
$600,500
Improvements Assessment
$880,800
Total Assessment
$1,481,300
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