Welcome to this fantastic income producing property with excellent investment potential. Built in 2005, this lovely 2 family boasts 9 bedrooms, 5 bathrooms, as well as a 1-car garage, and large backyard perfect for outdoor hosting and activities. With easy access to public transportation in walking distance, you'll find the 2nd street light rail and busses to Port Authority close by. Be in the city within 30 minutes! Also close to Riverpark Franklin Market, find yourself in one of the most vibrant areas of Jersey City!
Current gross income $98640, current zoning R-2D allows up to 4 residential unit with possibility of incorporating office or commercial space on the ground floor.
Do not miss this great opportunity, schedule a viewing today!
For sale
Price cut: $40K (6/19)
$1,450,000
347 Palisade Ave, Jersey City, NJ 07307
9beds
--sqft
Est.:
MultiFamily
Built in ----
-- sqft lot
$1,437,400 Zestimate®
$--/sqft
$-- HOA
What's special
Outdoor hosting and activitiesLarge backyard
- 42 days
- on Zillow |
- 588 |
- 8 |
Zillow last checked: 7 hours ago
Listing updated: June 22, 2025 at 11:16pm
Listed by:
ROKO CHHETRI,
COLDWELL BANKER REALTY 201-963-1400
Source: HCMLS,MLS#: 250009473
Travel times
Tour with a buyer’s agent
Tour with a buyer’s agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 9
- Bathrooms: 5
- Full bathrooms: 5
Cooling
- Central Air
Features
- Basement: None
Property
Parking
- Parking features: 2 Cars
Details
- Parcel number: 0604504000000026
- Land lease expiration date: 1750636800000
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Contemporary
Materials
- Aluminum Siding
Community & HOA
Location
- Region: Jersey City
Financial & listing details
- Tax assessed value: $697,100
- Annual tax amount: $15,664
- Date on market: 5/13/2025
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