Jc Heights, NJ 07307,212 PALISADE AVE
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$ 4,000,000
Est. payment | /mo

5.5 Baths


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$ 4,000,000
Est. payment | /mo
Save

5.5 Baths

Key Details

Property Type Commercial

Sub Type Investment

Listing Status Active

Purchase Type For Sale

MLS Listing ID 260001337

Full Baths 5

Half Baths 1

Annual Tax Amount $22,000

Lot Dimensions 25x120

Property Sub-Type Investment

Property Description

PRIME INVESTMENT OPPORTUNITY IN SOUGHT-AFTER JERSEY CITY HEIGHTS! Presenting a rare chance to acquire a fully occupied, mixed-use six-unit building in a highly central and rapidly developing area of Jersey City. This exceptional property is perfectly positioned for maximum visibility and enduring value. Property Highlights: Mixed-Use Asset: The building comprises four (4) residential units and two (2) commercial storefronts, offering diversified and stable income streams. Prime Location: Situated in the heart of Jersey City Heights, just steps from Christ Hospital, the property benefits from significant foot and vehicle traffic. Transit Hub: A commuter's dream! The property is directly on a major bus line with a bus stop right in front, and the PATH train system is within walking distance, providing quick and easy access to Manhattan and surrounding areas. Strong Commercial Tenancy: One storefront is currently a leased pharmacy, a stable tenant that drives consistent traffic to the location. Growth Potential: Located just 1/2 mile from the vibrant Downtown Jersey City area, this neighborhood is experiencing significant growth and appreciation. This is a true prime real estate opportunity with immense income potential. Don't miss your chance to own a piece of one of the hottest real estate markets in New Jersey. Ideal for investors seeking a high-performing asset in a transit-oriented location. Schedule your showing today!

Location

State NJ

County Hudson

Area Jc Heights

Listed by COLDWELL BANKER REALTY

NEARBY SCHOOL & BUSINESS

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212 PALISADE AVE