Jersey City, NJ 07307 · Investment · For Sale · MLS 260013487
386 Palisade Ave
$1,875,000
Investment
Use
6
Units
0
Parking spaces
14
Days Listed
About this property
Incredible investment opportunity in one of Jersey City Heights' most sought-after neighborhoods! This well-maintained 6-family property features five (5) one-bedroom units plus a stunning three-bedroom, one-bathroom duplex ADU in the rear — a diverse unit mix designed to maximize rental income. The duplex ADU is a true standout, offering modern finishes throughout, a kitchen island with barstool seating, pullout kitchen sink hose, combo washer/dryer, and wall-mounted heating and cooling units. With east and west sun exposures, the unit stays bright and inviting all day long — a feature tenants will love. Located on the desirable east side of Jersey City Heights, this property is a commuter's dream. NYC-bound bus service is steps away with a direct ride to Port Authority in just 30 minutes, and the 2nd Street Light Rail Station is only a 10-minute walk. Just one block from Riverview-Fisk Park, tenants enjoy iconic NYC skyline views from the observation deck and a weekly Sunday farmers' market starting every May. Strong transit access, a thriving neighborhood, and a versatile unit mix make this a must-see for any investor. Schedule your showing today!
Property specifications
The details
Property TypeCI Investment
SubtypeInvestment
UseInvestment
OfferedFor Sale
LocationJersey City, NJ 07307
MLS #260013487
Space
Units6
Stories3
ConstructionBrick
Site & exposure
Parking spaces0
Investment
Annual taxes$19,651
Est. gross income$143,340
Zoning & permitted use
Zoning and permitted-use codes are not published in the MLS IDX feed, so this page does not state one. Before you sign a lease or a contract, permitted use has to be confirmed with the Jersey City zoning office. Andrew Diaz can pull the full broker file and work that question through with you.
Location
Questions about this property
What is the asking price for 386 Palisade Ave?
The asking price is $1,875,000.
What is 386 Palisade Ave zoned for?
Zoning is not published in the MLS IDX feed, so this page does not state one. The listing describes the property as Investment, but permitted use must be confirmed with the Jersey City zoning office before you sign anything. Andrew Diaz can pull the full file and work that question through with you.
How do I tour 386 Palisade Ave?
Call or text Andrew Diaz at (551) 235-3473. He can arrange a walkthrough, pull the full broker file, and represent you through the purchase.
