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    222 3Rd St Jersey City, NJ 07302

    For Sale
    $1,600,000

    Three-family row house near Grove Street PATH station.

    Lot size:
    0.02 Acres

    Property Features for 222 3Rd St

    General Information

    Lot size
    0.02 Acres

    Source: COLDWELL BANKER REALTY

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Historic Jersey City Multi-Family Home

    This is a three-family historic row house located in downtown Jersey City, constructed in 1870. The property is situated close to the Grove Street PATH station. The layout includes a two-bedroom, two-and-a-half-bath duplex featuring an interior spiral staircase. Additionally, there is a one-bedroom garden apartment with rear access to a garden patio. The top floor apartment consists of one bedroom and one bath. All units have access to a washer and dryer area and rear access to the garden patio. The kitchens are modern.
    Location Intelligence

    Current Use by Public Records

    Triplexes

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Food Market Grocery Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Jersey City
    County
    Hudson
    State
    New Jersey
    Longitude
    -74.043834
    Latitude
    40.7233111

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    FAQs

    What type of property is this?
    Triplex - Three-family row house near Grove Street PATH station.
    Where is this triplex located?
    The property is located at 222 3Rd St Jersey City, NJ.
    What is the asking price?
    The asking price for this property is $1,600,000.
    What are key features of this property?
    This property features: - Prime Downtown Jersey City location near Grove Street PATH station; - Three income-generating units in one property; - Unique 2-bedroom duplex with spiral staircase
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    222 3Rd St Jersey City, NJ 07302
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