119 Grand St

Description

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-fam has been thoughtfully renovated while preserving its classic charm. The units feature high ceilings, hardwood floors, the convenience of in-unit washers and dryers. There are three fire places, two of which are made with elegant Nero Portoro marble. Three of the four residences enjoy private built-in decks with seating, creating seamless indoor-outdoor living. 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 the renowned restaurant row, this is an exceptional offering with long-term upside and a strong potential for condo conversion. Ownership can facilitate financing.