Don’t miss this exceptional investment property in a prime location! This 3-story mixed-use building features two spacious residential units above a commercial space, offering strong rental income and future potential. Each residential unit boasts 3 bedrooms, 2 bathrooms, and over 1,500 sq. ft. of living space, plus access to a private back deck. The top-floor unit is rented for $2,900/month (lease ends 1/31/26), while the second-floor unit rents for $2,850/month (lease ends 2/28/26). Both units are updated with hardwood flooring throughout, plenty of closets for storage, central A/C & heat, plus in-unit laundry! Under market value rents. The kitchens have stainless steel appliances and granite counters complete with breakfast bars. The ground-floor commercial space spans approximately 1,500 sq. ft., includes a very large bathroom, and offers backyard access—ideal for various business uses. Located just three blocks from Riverview Fisk Park, two blocks from Washington Park, and close proximity to the 9th Street Light Rail elevator, this property is also on the NJ Transit 190 Bus line with direct service to NYC Port Authority. A fantastic opportunity for investors—schedule a showing today!
For sale
Price cut: $50K (6/17)
$1,600,000
612 Palisade Ave, Jersey City, NJ 07307
6beds
--sqft
Est.:
MultiFamily
Built in ----
-- sqft lot
$1,567,900 Zestimate®
$--/sqft
$-- HOA
What's special
- 53 days
- on Zillow |
- 243 |
- 8 |
Zillow last checked: 7 hours ago
Listing updated: June 17, 2025 at 10:50am
Listed by:
JASON KRATOCHVIL,
LIBERTY REALTY LLC 201-222-2900
Source: HCMLS,MLS#: 250007199
Travel times
Tour with a buyer’s agent
Tour with a buyer’s agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 5
- Full bathrooms: 4
- 1/2 bathrooms: 1
Heating
- Forced Air
Cooling
- Central Air
Features
- Basement: Unfinished
Property
Parking
- Parking features: None
Details
- Land lease expiration date: 1750118400000
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Row House
Materials
- Brick
Community & HOA
Location
- Region: Jersey City
Financial & listing details
- Annual tax amount: $25,954
- Date on market: 4/28/2025
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