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Supreme Grove St Retail Commercial Condo For Sale - Availability Details

363 Grove St, Jersey City, NJ 07302

  • For Sale $1,498,888
  • Property Type Retail - Street Retail
  • Property Size 1,146 Sqft
  • Lot Size 0.03 Acre
  • Property Tenancy Single Tenant
  • Year Renovated 2018
  • Date Updated Nov 06, 2021
Jersey City is in northeastern New Jersey. Its eastern waterfront faces the Hudson River where it meets Upper New York Bay. Liberty State Park has panoramic views of the Manhattan skyline, the Statue of Liberty and Ellis Island, the former immigrant gateway. The park’s Liberty Science Center features interactive exhibits, live animals and an IMAX Dome theater. Bars and ethnic eateries line downtown’s Grove Street. ― Google Jersey City is the second-most populous city in the U.S. state of New Jersey, after Newark. It is the seat of Hudson County as well as the county's largest city. The U.S. Census Bureau's Population Estimates Program calculated that the city's population was 262,075 in 2019, ranking as the 80th-most-populous incorporated place in the nation. The 2019 estimate represents an increase of about 5.8% from the 2010 United States Census, when the city's population was at 247,597, ranking the city the nation's 78th-largest by population. After a peak population of 316,715 measured in the 1930 census, the city's population saw a half-century-long decline to a nadir of 223,532 in the 1980 census. Since then, the city's population has rebounded, with the 2010 population reflecting an increase of 7,542 (+3.1%) from the 240,055 counted in the 2000 census, which had in turn increased by 11,518 (+5.0%) from the 228,537 counted in the 1990 census. Part of the New York metropolitan area, Jersey City is bounded on the east by the Hudson River and Upper New York Bay and on the west by the Hackensack River and Newark Bay. A port of entry, with 30.7 miles (49.4 km) of waterfront and extensive rail infrastructure and connectivity, the city is an important transportation terminus and distribution and manufacturing center for the Port of New York and New Jersey. Jersey City shares significant mass transit connections with Manhattan. Redevelopment of the Jersey City waterfront has made the city one of the largest centers of banking and finance in the United States and has led to the district and city being nicknamed Wall Street West.
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Location

  • City Jersey City, NJ
  • Neighborhood Harsimus Cove
  • Zip Code 07302
  • Market New Jersey

Contacts

broker

Bruce Elia Jr.

Fort Lee

(201) 917-5884

Highlights

  • Prime Grove St Location in Downtown, Jersey City
  • Single Tenant Commercial Condo Investment Opportunity
  • Approx. 5.2% Cap Rate at Asking Price of $1,498,888
  • (8) Years Left on Strong NNN Lease
  • Investment Sale of Building Only - Business is healthy and NOT for Sale
  • Tons of Walker Traffic - Grove St : )
  • Tenant has another successful location in Hoboken - 2 Total Locations
  • Growing area with developments being built all around

Contact Listing Broker

broker

Bruce Elia Jr.

Fort Lee

(201) 917-5884

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