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Ataullah Barnes

ataullah@rogprodigy.com +1(973) 277-2575

$1,774,900

Est. payment - /mo

4 Beds

4 Baths

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UPDATED:

Key Details

Property Type Multi-Family

Sub Type 4 Family

Listing Status Active

Purchase Type For Sale

MLS Listing ID 260013891

Bedrooms 4

Full Baths 4

HOA Fees $1/mo

Annual Tax Amount $26,862

Tax Year 2025

Lot Dimensions 19x100

Property Sub-Type 4 Family

Property Description

Exceptional investment and redevelopment opportunity in the heart of Downtown Jersey City. This classic four-family brownstone offers incredible upside for investors, developers, and end users alike. Situated on one of the area's most desirable tree-lined streets, the property presents an ideal opportunity for a condominium conversion, with separate utilities already in place for each unit to help streamline the redevelopment process. Adding to its value, the ground and parlor levels offer the potential for a commercial conversion (subject to municipal approvals), creating a unique mixed-use asset with retail, office, or professional space below and residential units above. The property also offers outstanding potential to be transformed into a spectacular single-family brownstone. Whether your vision is luxury condominiums, a boutique mixed-use building, an exceptional single-family residence, or a long-term investment property, the flexibility of this asset makes it a rare find. Ideally located just moments from Van Vorst Park, Paulus Hook, the Grove Street PATH, and the vibrant Newark Avenue Pedestrian Plaza, the property is surrounded by some of Downtown Jersey City's best restaurants, cafés, boutiques, and waterfront amenities. Located within the highly sought-after PS16 school district, this prime location continues to attract homeowners, investors, and developers alike.

Location

State NJ

County Hudson

Area Jc Downtown

Rooms

Basement None

Interior

Heating Baseboard, Hot Water

Cooling Baseboard, Hot Water

Exterior

Exterior Feature Brick

Parking Features None

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Listed by EXP REALTY LLC

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Ataullah Barnes

+1(973) 277-2575

Broker | License ID: 0454603

Broker License ID: 0454603

263 GROVE ST Jc Downtown, NJ 07302

Ataullah Barnes

Key Details

Location

Rooms

Interior

Exterior

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NEARBY SCHOOL & BUSINESS

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263 GROVE ST