584 Palisade Ave - Apartments FOR SALE


Jersey City, NJ 07307
$1,150,000 USD
201-215-1806
584 Palisade Ave, Jersey City, NJ for Sale
$1,150,000 USD
Apartments - FOR SALE
1/8
null | Request Cap Rate

584 Palisade Ave
Jersey City, NJ 07307


HIGHLIGHTS

  • Convenient Infill Location
  • Walkable Location
  • Transit Oriented Location
  • Value-Add Potential
  • Strong Demographics
  • Significant Population Growth

OVERVIEW

Horvath & Tremblay is pleased to present the exclusive opportunity to purchase the multi-family investment property located at 584 Palisade Avenue in Jersey City, New Jersey (“the Property”). The Property includes a three-story, multi-family building containing six (6), 1-Bedroom/1- Bathroom units on a 0.06-acre corner parcel of land, as well as two garage bays and on-site parking. The Property is strategically located along Palisade Avenue, which is located in the northern end of Jersey City. 584 Palisade Avenue is just a short walk from Summit Avenue, Paterson Plank Road and JFK Boulevard, which along with Palisade Avenue are the area’s primary retail corridors. The location offers convenient access to a multitude of retail, dining, entertainment and transportation amenities in both Jersey City and neighboring Hoboken and Weehawken. Jersey City is a suburb of New York City, located in the heart of Hudson County within the New York metropolitan area. The affluent and densely populated area is 3-miles west of New York City.

FOR SALE DETAILS

PRICE

$1,150,000 USD

PRICE/SF

$210 USD /SF

# OF UNITS

6

PRICE/UNIT

$191,667

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1900

PARKING SPACES

2

LAND DETAILS

LAND ACRES

0.06 AC

LAND SF

2,607 SF

ZONING

-

APN/PARCEL ID

06-02402-0000-00013

ASK ABOUT THIS PROPERTY

Connor RussoHorvath & TremblayMore Info
201-215-1806

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Connor RussoHorvath & TremblayMore Info
201-215-1806

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.