Property

Jersey City, NJ 07307 450-452 Palisade Ave

450-452 Palisade Ave Jersey City, NJ - Image 1450-452 Palisade Ave Jersey City, NJ - Image 2450-452 Palisade Ave Jersey City, NJ - Image 3
Presented By: MODERN SPACES NJ LLC - 201-975-3887
  • MLS# 250014293
  • 07/14/2025
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  • Beds • 18
  • Baths • 6

Home Details

Unique Investment Opportunity: Two adjacent, fully free-market 3-family buildings located in the heart of Jersey City Heights, one of the area’s most desirable and rapidly appreciating neighborhoods. Highlights: ***6 Spacious 3-Bedroom / 1-Bath Units***No Rent Control – Capture full upside on future leases***Renovate to Achieve a Projected 7% Cap Rate ***Strong Location – Minutes to Hoboken, Downtown Jersey City, Weehawken & NYC***Combined Basement & Yard SpaceS***Not Railroad Style Layouts – Highly desirable floor plan***Current Gross: $155,160 ***Potential Gross: $244,800****This is a rare chance to acquire two side-by-side buildings with no rent restrictions, in a thriving neighborhood with strong rental demand. With targeted CapEx, investors can reposition the asset and drive rents to market, delivering significant yield growth and long-term appreciation.
Presented By: MODERN SPACES NJ LLC - 201-975-3887

Interior Features for 450-452 Palisade Ave

Other Interior Features

Total Number of Units6

General for 450-452 Palisade Ave

AreaJC, Heights
Associated Document Count5
Block3002
CityJC, Heights
ClassCI INVESTMENT - SALE ONLY
CountyHudson
DOM3
Items IncludedAppliances and Fixtures
Sale/RentFor Sale
SectionHeights
StatusActive
StatusACTIVE
Status Detail0
Taxes$28,441
TypeInvestment

Exterior for 450-452 Palisade Ave

Lot11, 12
Lot Dimensions4500

Additional Details

Price History

William Hernandez

Associate
Price $2,100,000
MLS#250014293
List Date 07/14/2025
Property Type Investment
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