Four-Unit Brownstone Investment
For Sale
$1,774,900
263 GROVE ST, Jersey City, NJ 07302
3-4 Family, Brownstone, Jersey City, NJ
Property SizeContact for details
Days on Market48
Property Features for 263 GROVE ST
General Information
Property type
Residential Multi Family
Property subtype
Other
Bedrooms
4
Bathrooms
4
Full bathrooms
4
Rooms
Bathroom 3, Bedroom 3, Bedroom 1, Bathroom 1, Bedroom 4, Bathroom 4, Bathroom 2, Bedroom 2
Directions
Montgomery and York St
Subdivision
JC, Downtown
Standard status
Active
Taxes and HOA fees
Tax Year
2025
Tax Annual Amount
26862
Building Details
Architectural style
Other
Listing Agency:
EXP REALTY LLC
(866) 201-6210
Listed By:
DANIEL SPITZ · License #475199531
(866) 201-6210
Added: Jul 15
Changed: Aug 19
Last Checked: Aug 31 at 9:06AM
MLS# 260013891
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.
Investment Insights
Based on property information with market context.
This classic four-family brownstone offers a flexible redevelopment and investment path as a quadplex. Separate utilities are already in place for each unit, which can help streamline future planning. The property is also described as having potential for a condominium conversion, along with added optionality for how the space on the ground and parlor levels could be used, subject to municipal approvals.
The home is located at 263 Grove St in Downtown Jersey City, within the PS16 school district. The area positioning is cited as being just moments from Van Vorst Park, Paulus Hook, the Grove Street PATH, and the Newark Avenue Pedestrian Plaza, with nearby dining, cafes, boutiques, and waterfront amenities.
Overall, the configuration supports multiple end-use directions, including mixed-use possibilities with commercial or professional space below and residential units above, as well as other redevelopment concepts that can be considered in coordination with local approvals.
The home is located at 263 Grove St in Downtown Jersey City, within the PS16 school district. The area positioning is cited as being just moments from Van Vorst Park, Paulus Hook, the Grove Street PATH, and the Newark Avenue Pedestrian Plaza, with nearby dining, cafes, boutiques, and waterfront amenities.
Overall, the configuration supports multiple end-use directions, including mixed-use possibilities with commercial or professional space below and residential units above, as well as other redevelopment concepts that can be considered in coordination with local approvals.
Key Highlights
- Classic four‑family brownstone configured as a quadplex
- Separate utilities already in place for each unit
- Potential condominium conversion plan, with separate utilities supporting the approach
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
5,523
Businesses Nearby
Explore this area
Business Placement
Demographics for 07302, NJ
57,033
Population
30,163
Households
1.9
Avg Household Size
34
Median Age
80%
College-Educated
97%
High-School Grad
1.4 sq mi
ZIP Area
40,738
Density / Sq Mi
$166,854
Median Household Income
$117,189
Median Earnings
$2,960
Median Rent
$853,700
Median Home Value
Market
Vacancy Rate% for Multifamily in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Quadplex - Classic four-family brownstone with separate utilities already in place for each unit in Downtown Jersey City.
Where is this quadplex located?
The property is located at 263 GROVE ST Jersey City, NJ.
What is the asking price?
The asking price for this property is $1,774,900.
What are key features of this property?
This property features: Classic four‑family brownstone configured as a quadplex; Separate utilities already in place for each unit; Potential condominium conversion plan, with separate utilities supporting the approach
