Located in a blossoming area of Jersey City Heights, just minutes from the Congress St Light Rail and easily accessible by bus to NYC, this 8 unit investment property is the perfect opportunity. Most of the units have been recently renovated with new appliances and modern fixtures. The kitchens and baths have all been redone. The building is grossing over $100k per annum with great untapped growth potential. All separate utilities and tenants pay heat and hot water. Near parks, schools and restaurants, an opportunity not to be missed! Sold as is.
Off market
$1,464,000
616 Palisade Ave, Jersey City, NJ 07307
4beds
750sqft
MultiFamily
Built in ----
-- sqft lot
$1,464,000 Zestimate®
$1,952/sqft
$3,158 Estimated rent
Owner options
What's special
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 4
- Full bathrooms: 4
Heating
- Baseboard, Gas
Appliances
- Included: Range / Oven, Refrigerator
Interior area
- Total interior livable area: 750 sqft
Property
Lot
- Size: 1,598 sqft
Construction
Type & style
- Home type: MultiFamily
Community & neighborhood
Location
- Region: Jersey City
Other
Other facts
- roof_types: Unknown
- architectural_style: Other
- central_air_desc: Window Unit(s) A/C
- neighborhoods: JC, Heights
- taxes_annual: 13553
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Estimated market value
$1,464,000