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Location is truly the ultimate amenity, and it’s just one reason why 237 Grove Street is an outstanding investment opportunity. This three-family brownstone boasts a solid rent roll, with residents who appreciate the thoughtful finishes and elevated touches that make each of the three residences a unique place to live right in the heart of downtown Jersey City.
But let’s start with the location because it can’t be beat. Just steps away from Grand Street, 237 Grove Street offers a 4-minute walk to the Grove Street PATH Station, the Jersey Avenue stop of the Light Rail, and NJ Transit bus routes aplenty. Nearby you’ll find endless options for dining, shopping, and drinks, including hotspots like Razza, Kitchen Step, and Cocoa Bakery.
237 Grove Street’s first unit is a recently remodeled duplex with two bedrooms and two baths as well as an in-unit washer and dryer. The private and paved backyard space is perfect for relaxation or get-togethers. Improvements include parquet hardwood floors and kitchen updates like full-height cabinets and stainless steel appliances. Unit 1 currently rents for $3,200 per month.
The second and third units are spacious one-bedroom, one-bath residences each with plentiful sunlight, setting a cheerful mood that’s only amplified by the cozy fireplace. These homes too offer an in-unit washer and dryer and spacious kitchens fully equipped with cabinets galore and a full suite of appliances. Bedrooms exceed expectations with en-suite bath and vanity. The third floor also has views of the Freedom Tower. These units rent for $2,300 and $2,000 per month.
This three-family home, with separate utilities for each unit, is a red-hot opportunity that has just hit the MLS. Priced at $1,850,000, it’s sure to command attention. Contact Megha Moza to learn more, by phone at 978-606-6719, or by email at [email protected].
Listing: 237 Grove St, Jersey City
Asking: $1,850,000
Agent/Brokerage: Megha Moza/Pure Properties
[gmap height “250px”]237 Grove Street, Jersey City, New Jersey 07302 [/gmap]
237 Grove Street, Jersey City
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