608 Palisade Avenue, Jersey City, NJ 07307
608 Palisade Avenue, Jersey City, NJ 07307
608 Palisade Avenue, Jersey City, NJ 07307
608 Palisade Avenue, Jersey City, NJ 07307
608 Palisade Avenue, Jersey City, NJ 07307
608 Palisade Avenue, Jersey City, NJ 07307
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Listed by Michael Joo • Howard Hanna Rand Realty, Old Tappan • (201) 284-9009
$ 849,777
Est. payment | /mo

3 Beds

3 Baths


$ 849,777
Est. payment | /mo

3 Beds

3 Baths

Key Details

Property Type Multi-Family

Sub Type 3 Family

Listing Status Contingent

Purchase Type For Sale

MLS Listing ID 24030285

Style 3 Family

Bedrooms 3

Full Baths 3

Annual Tax Amount $11,558

Property Sub-Type 3 Family

Property Description

OFFER ACCEPTED - NO more showings. Looking for a phenomenal, meticulously maintained, 3 unit investment/owner-occupied property in desirable, vibrant JC Heights, w/ an almost never-seen 7.1% CAP RATE? A quiet, perfect location that can't be beat - a commuter's dream literally steps to 9th/Congress St Light Rail, just 2 stops to Hoboken/NYC PATH & 2 blocks to Washington Park. The expanded 1st Fl 1BR w/ formal DR unit can be a 2BR/1BA w/ generous BRs & modern renovated bath.The 2nd Fl unit (renovated 1 year ago) w/ a beautiful kitchen & modern bath, new floors, dining area & lg BR w/ windowed bonus den/office/nursery. 3rd Fl unit almost identical w/ larger den and closet. The full, high ceiling BSM has storage rooms & shared washer/dryer. This is one of those rare 'no-brainer' investments w/ a potential gross income of $77,400 & 7.1% Cap Rate, w/ a 24' x 100' lot size, larger than most 3-4F in this price range. Although no known issues, sold strictly "as is."

Location

State NJ

County Hudson

Area Jersey City

Interior

Heating Gas

Fireplaces Type None

Laundry Basement

Exterior

Exterior Feature Aluminum, Brick

Parking Features None

Utilities Available Sep Elec, Sep Gas

Waterfront Description None

View East, NY View, West

Building

Lot Description Regular

Architectural Style Top/Btm

Others

Ownership Private

Miscellaneous Hdwd As In

Virtual Tour https://tours.hometourvision.com/x1690742

New Jersey (NJMLS Include SOLD)

NEARBY SCHOOL & BUSINESS

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608 Palisade Avenue

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