The property currently consists of two apartments over one retail tenant. The retail tenant is locked into a 4 year lease with an option to renew for 2 more years after that. The retail currently pays $1,700. The apartments are both 3 bedroom 1 bathroom units that pay $1,400 and $1,500. The property provides significant upside given the location to public transportation and neighborhood amenities. The apartment tenants pay for their own Heat, Hot Water and Water & Sewer as there are separate meters in place for each apartment. The retail tenant pays for their own Heat but the owner pays for their Water & Sewer.
Off market
$956,300
411 Palisade Ave, Jersey City, NJ 07307
6beds
--sqft
MultiFamily
Built in ----
-- sqft lot
$956,300 Zestimate®
$--/sqft
$3,037 Estimated rent
What's special
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 2
- Full bathrooms: 2
Heating
- Gas
Property
Lot
- Size: 2,500 sqft
Construction
Type & style
- Home type: MultiFamily
Community & neighborhood
Location
- Region: Jersey City
Other
Other facts
- roof_types: Unknown
- architectural_style: Other
- neighborhoods: JC, Heights
- taxes_annual: 8580
Services availability
Get a cash offer in 3 minutes
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Estimated market value
$956,300
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$956,300