Located between 22-acre Washington Park (1/2 block North) and the LightRail (1.5 blocks South and East) this investor's dream is an easy buy and hold or candidate for conversion. One unit has been completely renovated and leased (ending mid-July 2021 w/1 year option to renew) with private access to a large yard. The other two units are occupied with long -term m2m tenants. Bedrooms on opposite ends on the 2nd and 3rd floors with a large deck off the 2nd floor unit. Rents on these two floors are below market. 1st floor renovated unit is a railroad 1 or 2 br with a large separate closet. Owner is a licensed NJ Realtor.
Off market
$957,300
637 Palisade Ave, Jersey City, NJ 07307
5beds
700sqft
MultiFamily
Built in 1900
-- sqft lot
$957,300 Zestimate®
$1,368/sqft
$2,873 Estimated rent
What's special
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 3
- Full bathrooms: 3
Heating
- Baseboard
Cooling
- Central
Appliances
- Included: Range / Oven, Refrigerator
Features
- Flooring: Hardwood
Interior area
- Total interior livable area: 700 sqft
Property
Parking
- Parking features: On-street
Features
- Exterior features: Brick
Lot
- Size: 1,681 sqft
Details
- Parcel number: 0601704000000008
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Row House
Condition
- Year built: 1900
Community & neighborhood
Location
- Region: Jersey City
HOA & financial
Other financial information
- Total actual rent: 4350
Other
Other facts
- Heating: Baseboard, Hot Water
- HeatingYN: true
- CoolingYN: true
- ConstructionMaterials: Brick
- Cooling: Window Unit(s)
- TotalActualRent: 4350
- ArchitecturalStyle: Row House
- Exclusions: All tenant belongings
- MlsStatus: Under Contract
- TaxAnnualAmount: 6642
- WaterSewerExpense: 1244
- ListPriceLow: 725000
Services availability
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
$957,300
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
$957,300