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358 Grove St
Jersey City, NJ 07302
Grove Street Mixed-Use · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- Property Consists Of 22 Units: 19 Residential Apartments And 3 Commercial Units
- 2 Blocks To The Grove Street Path Station With Direct Access Into NYC
- Tenants Responsible For All Separately Metered Utilities
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
16,050 SF
Building Class
C
Year Built
1900
Price
$6,700,000
Price Per SF
$417.45
Cap Rate
6%
NOI
$401,846
Percent Leased
100%
Tenancy
Multiple
Building Height
4 Stories
Slab To Slab
12’
Building FAR
2.85
Lot Size
0.13 AC
Frontage
19’ on Grove St
PROPERTY TAXES
| Parcel Number | 06-11508-0000-00018 | Improvements Assessment | $2,420,500 |
| Land Assessment | $1,563,000 | Total Assessment | $3,983,500 |
PROPERTY TAXES
Parcel Number
06-11508-0000-00018
Land Assessment
$1,563,000
Improvements Assessment
$2,420,500
Total Assessment
$3,983,500
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