The Costanza Read · how this price compares
$1,774,900
median ask for comparable multi-family homes in Jersey City is $999,000 · based on 189 active listings
At $1,774,900, this home is priced ~78% above the median for its class. Priced at a premium — worth seeing what justifies it.
Want the recent sold comps on this exact block too? Ask Andrew →
About this home
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, cafés, boutiques, and waterfront amenities. Located within the highly sought-after PS16 school district, this prime location continues to attract homeowners, investors, and developers alike.
The details
Property Type3-4 Family
StatusActive · listed today
List Price$1,774,900
Bathrooms4
LocationJersey City, NJ 07302
MLS #260013891
Estimate the monthly payment
—est. / month · principal & interest
Estimate only — property taxes, insurance, and any HOA are extra. Get a real pre-approval →
Living on Grove St
263 Grove St sits on Grove St in Jersey City. Journal Square, Downtown and the Heights each have their own distinct character. It's within reach of the PATH and the Hudson-Bergen Light Rail, putting Lower Manhattan and the Jersey City waterfront minutes away. The Holland Tunnel, Route 440 and the NJ Turnpike Extension keep the rest of the region close.
As a 3-4 family in Jersey City, it's the kind of turnkey listing buyers watch for — and in this market, homes like this tend to move on the first weekend. If it fits what you're after, the smart move is to see it early.
263 Grove St, Jersey City
Good to know
Is 263 Grove St still available?
Yes — it's active on the Hudson County MLS (listed today) at $1,774,900. Text Andrew Diaz at (551) 235-3473 to confirm and book a showing.
How many bedrooms and bathrooms does 263 Grove St have?
It offers 4 bathrooms.
How do I see 263 Grove St in person?
Tap “Request a tour,” drop your name and number, and Andrew Diaz will text you back within minutes with showing times — including this weekend.
