263 Grove StJersey City, NJ 07302

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 caf s boutiques and waterfront amenities located within the highly sought after ps16 school district this prime location continues to attract homeowners investors and developers alike