608 Palisade Avenue Jersey City, NJ 07307
OFFER ACCEPTED - NO more showings. Looking for a phenomenal, meticulously maintained, 3 unit investment/owner-occupied property in desirable, vibrant JC Heights, w/ an almost never-seen 7.1% CAP RATE? A quiet, perfect location that can't be beat - a commuter's dream literally steps to 9th/Congress St Light Rail, just 2 stops to Hoboken/NYC PATH & 2 blocks to Washington Park. The expanded 1st Fl 1BR w/ formal DR unit can be a 2BR/1BA w/ generous BRs & modern renovated bath.The 2nd Fl unit (renovated 1 year ago) w/ a beautiful kitchen & modern bath, new floors, dining area & lg BR w/ windowed bonus den/office/nursery. 3rd Fl unit almost identical w/ larger den and closet. The full, high ceiling BSM has storage rooms & shared washer/dryer. This is one of those rare 'no-brainer' investments w/ a potential gross income of $77, 400 & 7.1% Cap Rate, w/ a 24' x 100' lot size, larger than most 3-4F in this price range. Although no known issues, sold strictly "as is."
- Property TypeMulti-Family
- NeighborhoodN/A
- CountyHudson
- Taxes$11,558
- HOA/Condo/Coop Fees$0
- Days on Site30 Days
- MLS StatusActive
- MLS ID Number24030285
- Home Size Source N/A
- Year Built1900
- Lot Size Acres
- Full Baths3
- Partial BathsN/A
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General Features
- Style Top/ Btm
- Construction Brick
- Parking None
- Basement Washer/ Dryprivatelockable storage unitsseparate entrance to rearBin/ StorageFullGrd Lv Acces
- Property Sub Type Multi Family
Interior Features
- Cooling Gas
- Heating Gas
- Fireplace Features None
- Laundry Features Basement
- Fireplace No
Exterior Features
- View EastN Y ViewWest
- Waterfront Property No
- Waterfront Features None
- Exterior Hdwd As In
- Lot Regular
Community Features
- Township Jersey City
- MLS Area Jersey City