119 Grand St - Multi-Family FOR SALE


Jersey City, NJ 07302- The Waterfront
$3,345,000 USD
201-951-4188
119 Grand St, Jersey City, NJ for Sale
$3,345,000 USD
Multi-Family - FOR SALE
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119 Grand St
Jersey City, NJ 07302
The Waterfront


OVERVIEW

Paulus Hook | Rare 25’ Wide Brownstone A truly rare opportunity in the heart of Paulus Hook — this 25-foot-wide, 100-foot-deep authentic brownstone is detached on three sides and offers a beautiful blend of character, scale, and investment potential. This fully occupied 4-family has been thoughtfully renovated while preserving its classic charm. Each unit features high ceilings, hardwood floors, and elegant Nero Portoro marble fireplaces, along with the convenience of in-unit washers and dryers. Three of the four residences enjoy private built-in decks with seating, creating seamless indoor-outdoor living and making these units especially attractive for tenants who work from home. The property consists of: Two 2-bedroom / 1-bath units Two 1-bedroom / 1-bath units All utilities are separately paid by tenants, and the building benefits from no rent control, offering strong in-place income with future upside. Ideal for both investors and a future owner-occupied residence, this property presents a unique opportunity for a homeowner to live in one unit while generating income from the remaining three — combining lifestyle and investment in one of Jersey City’s most sought-after neighborhoods. Located just four short blocks from the PATH train, light rail, and Paulus Hook’s renowned restaurant row, this is an exceptional offering with long-term upside and strong potential for condo conversion. Ownership can facilitate financing.

FOR SALE DETAILS

PRICE

$3,345,000 USD

# OF UNITS

4

PRICE/UNIT

$836,250

CAP RATE

Request Cap Rate

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

ADD'L SUBTYPES

Apartments

TOTAL BUILDING SIZE

-

STORIES

4

YEAR BUILT

1892

PARKING SPACES

-

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

-

APN/PARCEL ID

-

ASK ABOUT THIS PROPERTY

Teresa SanchezEmpire Management GroupMore Info
201-951-4188

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Teresa SanchezEmpire Management GroupMore Info
201-951-4188

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.