1 month on rocket

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

$2,399,000

Home List Price

$10,000*

Closing Credit

8 Bedrooms
4 Full Baths, 1 Partial
Multi

Location

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250 Grove St Unit 1-4, Jersey City$2,399,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Contact Us Phone Number1 (855) 200-2001

Property Highlights

Home TypeQuadruplex
HeatingBaseboard
MLS #240019493
StatusActive
(ACTIVE)

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.

Property Details

Property Features

Property Information:

  • Architectural Style: Brownstone, Row House

Listing Office:

  • Office Name: COLDWELL BANKER REALTY
  • Office Phone: (201) 963-1400

Interior Features

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 4
  • Total Bedroom Count: 8

Utilities

Utilities Information:

  • Heating: Baseboard

Price Information

Listing Price Info

Price Summary:

  • List Price: $2,399,000
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Housing Market Comparison

See how this home compares to others in Jersey City, NJ.

Med. Sold Price

$715K

Med. Price/SqFt

$623

Avg. Days On Market

38

# of Sold Homes

146

250 Grove St Unit 1-4 vs Jersey City

35 DAYS ON ROCKET

-3 Days

$2,399,000

+$1.6M More

KEY TAKEAWAY

This property is $1.6M more than the Median Sold Price in Jersey City, NJ.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: HudsonCountyNJ
  • MLS Number: #240019493

Listing Office:

  • 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 © 2024 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: 12/18/2024, 11:16:05 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

Payment Calculator

$12K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$7,259

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NMLS#3030

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-4511306
6
/10
  • Frank R. Conwell School

  • 111 Bright St

  • 0.16 miles

  • Public District Grades PK-5

school-card-donut-4511307
9
/10
  • Cornelia F. Bradford School

  • 96 Sussex St

  • 0.36 miles

  • Public District Grades PK-5

school-card-donut-4511308
5
/10
  • Rev. Dr. Ercel F. Webb School

  • 264 Van Horne St

  • 0.91 miles

  • Public District Grades PK-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $93,354. Typical income of Jersey City, NJ residents is between $35k-100k annually. Residents typically live in single, no kids family. The majority of residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas


Rocket HomesNew JerseyHudson CountyJersey City07302250 Grove St Unit 1-4

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 November 2024 more than 30 listings in Jersey City, NJ were sold above the asking price. During the same period more than 14 listings were sold at asking price, while more than 73 were sold below. The inventory of homes for sale in Jersey City, NJ between October 2024 and November 2024 increased by 1.3%. Listings spent 38 days on the market in November 2024, and had a median list price of $715,000 during the same period.

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

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