About This Home

This 4-bedroom, 4-bathroom residential multi family at 263 GROVE ST in Jersey City, NJ is listed for $1,774,900. on a N/A lot.

Property Details

4 full
Listing 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, cafes, boutiques, and waterfront amenities. Located within the highly sought-after PS16 school district, this prime location continues to attract homeowners, investors, and developers alike.

Monthly Cost Estimate

$9,493/mo

20% down · 6.5% · 30 years

Principal$1,284
Interest$7,691
Insurance$518

Estimates only. Actual payments may vary.

Location

263 GROVE ST

Jersey City, NJ 07302

Questions & Answers

This 4-bedroom, 4-bathroom residential multi family at 263 GROVE ST is listed at $1,774,900. The estimated monthly payment is $9,493 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

This property is listed by DANIEL SPITZ.

DS

DANIEL SPITZ

Agent at eXp Realty, LLC

Listed by eXp Realty, LLC · Broker phone: (866) 201-6210 · View on Broker Site

MLS# 260013891· Source: Realty MLS, Inc.· 106 days on PropertySimple

Copyright © 2026 Realty MLS, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

263 GROVE ST, Jersey City, NJ 07302

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