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$ 3,000,000
Est. payment /mo
Price Dropped by $1.0M
212 PALISADE AVE Jc Heights, NJ 07307
5.5 Baths
UPDATED:
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 SCHOOLS & PROPERTIES
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