347 Palisade Avenue

347 Palisade Avenue

Jersey City, NJ 07307

$1,500,000
Price
9
Beds
5
Baths
—Sq. Ft.
— / Sq. Ft.
—
Sq. Ft.
—
per Sq. Ft.
a living room with furniture and a flat screen tv
a living room with furniture and a couch
a kitchen with a refrigerator sink and cabinets
a view of a dining room with furniture and wooden floor
a bedroom with a bed and wooden floor
a bedroom with a bed and a flat screen tv
a bathroom with a sink a toilet and shower
a bedroom with a bed and wooden floor
a bathroom with a toilet a sink and a shower
a bedroom with a bed and a window
a living room with furniture and a flat screen tv with bookshelf
a view of a chairs and table in backyard of the house
a front view of a house
a view of city
an aerial view of a city
a view of a city
a view of a city
a view of a city
a front view of a house with a potted plant
a kitchen with lots of counter top space and dining table
a view of a pathway with a patio
a room with lots of different kinds of flowers
a view of a fountain in the middle of a park
a view of outdoor space and city view
a black and white photo of a living room

Description

Welcome to 347 Palisade, the most vibrant street of Jersey City heights! This newly constructed, 2005 built, cash flowing two family investment property, is excellent for buy and hold investors counting on appreciation or owner occupants looking to live in unit and rent another to off-set living expenses. This two Family income producing contemporary house offers three story living, two individual units (duplex on ground and 1st floor, second unit on the top floor), a total of nine bedrooms, five...Welcome to 347 Palisade, the most vibrant street of Jersey City heights! This newly constructed, 2005 built, cash flowing two family investment property, is excellent for buy and hold investors counting on appreciation or owner occupants looking to live in unit and rent another to off-set living expenses. This two Family income producing contemporary house offers three story living, two individual units (duplex on ground and 1st floor, second unit on the top floor), a total of nine bedrooms, five full bathrooms, two kitchen, two open-concept living and dining rooms, one garage parking(currently rented as storage) and a large backyard for year-round entertainment delight. The property is in excellent condition and generating a gross annual income of 101,040 USD with a potential upside. All utilities are paid by tenant(70% unit 1, 30% unit 2). Landlord pays taxes and insurance. Property sits on a 25' x 100' lot in RC2 zoning district on one of the prestigious blocks of the Heights section of Jersey City. Zoning allows for 4 story building. The house is surrounded by new construction condominium projects, which makes it great for developers looking for their next condominium project to add to their portfolio. Riverview Park, the Famous Franklin, the Supremo Food Market, Fox and Crow, all are at your doorsteps. Located at a walking distance of 8 mins to 2nd street Light Rail, 1 min to buses 84, 86, 87, 123, and 15 minutes drive to Midtown or Lower Manhattan (via Lincoln or Holland Tunnel respectively), makes it very convenient for the New York City and New Jersey Commuters! Where location meets the right price, this property is a gem in Jersey City Heights.
  1. Listed by MINNI CHALANA • EXP REALTY LLC

Property Details for 347 Palisade Avenue

Architectural Style
Contemporary, Multi-Level
Type Of Parking
2 Cars, Attached, Garage
Area
JC, Heights
Heating & Cooling
Central AC, Electric

Location

Listing Courtesy of EXP REALTY LLC, MINNI CHALANA
Add your commute
LISTING UPDATED: 04/24/2024 01:24 PM

Property Details for 347 Palisade Avenue

StatusActive
MLS #240006989
Days on Market17
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS Type2 FAMILY / 2 Family
Year Built-
Lot Size0.06 AC / 2,500 SF
CountyHudson County

Location

Listing Courtesy of EXP REALTY LLC, MINNI CHALANA
Add your commute

Building Information for 347 Palisade Avenue

Stories-Residences-Year Built-Building Size-Lot Size0.06 AC / 2,500 SF

Payment Calculator

$9,416 per month

30 year fixed, 7.25% Interest

Principal and Interest

$8,186

Property Taxes

$1,230

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 347 Palisade Avenue

Summary
Location and General Information
  • Address: 347 PALISADE AVE
  • Address Number: 347
  • Address Search Number: 347
  • Between: Franklin & Ferry ST
  • Section: Heights
  • Street Name: PALISADE AVE
  • City Name: JC, Heights
  • County Or Parish: Hudson
Taxes and HOA Information
  • LVT Date: 04-16-2024
  • Tax ID: 11046
Property
Lot Information
  • Block: 04504
  • Lot: 00026
  • Lot Dimensions: 25' x 100'
Property and Assessments
  • Associated Document Count: 0
  • Charge: Y
Interior and Exterior Features
Exterior Features
  • Exterior: Aluminum/Vinyl, Brick
Interior Features
  • Basement Description: None
  • Basement Bedrooms: 3
  • Basement Full Baths: 1
  • Basement Living Rooms: 1
  • Fl1 Rooms: 6
  • Fl2 Rooms: 6
  • Fl3 Rooms: 0
  • Fl4 Rooms: 0
  • Floor 1 Bedrooms: 3
  • Floor 1 Dining Rooms: 1
  • Floor 1 Full Baths: 2
  • Floor 1 Kitchen: 1
  • Floor 1 Living Rooms: 1
  • Floor 1 Rent: 4900 + 320
  • Floor 2 Bedrooms: 3
  • Floor 2 Dining Room: 1
  • Floor 2 Full Baths: 2
  • Floor 2 Kitchens: 1
  • Floor 2 Living Rooms: 1
  • Floor 2 Rent: 3200
  • Total Dining Rooms: 2
  • Total Kitchens: 2
  • Total Living Rooms: 3
  • Total Other Rooms: 0
  • Num of Baths: 5
  • Half Baths Total: 0
  • Full Baths Total: 5
  • Num Full Baths: 5
  • Num Half Baths: 0
  • Bedrooms Total: 9
  • Bedrooms Count: 9
Multi Family
Multi-Family Information
  • Insurance Expense: $2,200

Property History for 347 Palisade Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 347 Palisade Avenue

Taxable ValueLand$212,500Additions$484,600Total$697,100
Tax Record2022$14,765 ($1,230 / month)
Home Facts
Total Finished SqFt3,408 SqFtAbove Grade Finished SqFt3,408 SqFtStories2Lot Size2,500 SqFtStyleDuplexYear Built2005ZoningR-2CountyHUDSONAPN06 04504-0000-00026

Schools near 347 Palisade Avenue

This home is within Jersey City Public School District.
Rating
School
Type
Grades
Distance
Charles E. Trefurt School
Public - PK to 5
Franklin L Williams Ms No7
Public - 6 to 8
Dr. Ronald Mc Nair Academy High School
Public - 9 to 12
James J. Ferris High School
Public - 9 to 12
Rating
School
Distance
Charles E. Trefurt School
PublicPK to 5

Franklin L Williams Ms No7
Public6 to 8

Dr. Ronald Mc Nair Academy High School
Public9 to 12

James J. Ferris High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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More information about 347 Palisade Avenue, Jersey City, NJ 07307

347 Palisade Avenue is a multi-family home for sale in Jersey City, NJ 07307. This property was listed for sale on April 16, 2024 by EXP REALTY LLC, it's currently listed at $1,500,000. It has been on the market for a total of 17 days and was last sold on August 3, 2022. This listing's school district is Jersey City Public School District. Nearby schools include Charles E. Trefurt School, Franklin L Williams Ms No7 and Dr. Ronald Mc Nair Academy High School. 347 Palisade Avenue is a 9-bed, 5-bath, multi-family home.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of EXP REALTY LLC, MINNI CHALANA

The data relating to the real estate for sale and sold listing information on this website comes from the New Jersey Multiple Listing Service, Inc. Virtual Office Website (VOW) program. This website may not include listings or property addresses of sellers who have directed their listing brokers to withhold their listing or their property address from display on the Internet. Sold listings may have been listed and/or sold by a real estate brokerage other than (insert office name). All information deemed reliable but not guaranteed. NLMLS makes no representation or warranty regarding the accuracy of the data. This data and information is protected under federal copyright laws which prohibit the unauthorized copying or alternation of all or any part of copyrighted materials, including certain compilations of data and information. Copyright violators may be subject to severe fines and penalties under federal law. Source: New Jersey Multiple Listing Service Inc. Last date updated 05/03/2024 03:34 PM © 2024 New Jersey Multiple Listing Service Inc. All rights reserved.