608 Palisade Avenue, Jersey City, NJ 07307 (MLS # 24030285)

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Listed with Michael Joo | 201-284-9009, Howard Hanna Rand Realty, Old Tappan

PRICE $849,777 dsIDX morgage calculator
BEDS 3
BATHS 3
HOME SIZE n/a
LOT SIZE n/a
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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."

PRE-FORECLOSURE
This listing may be a pre-foreclosure or short sale.

DAYS ON MARKET 52 LAST UPDATED 10/11/2024
YEAR BUILT 0 COMMUNITY 0906
COUNTY HUDSON STATUS Pending
PROPERTY TYPE(S) Multi Family


ADDITIONAL DETAILS
AREA 0906
BASEMENT Full, Yes
CONSTRUCTION Aluminum Siding, Brick
GARAGE Yes
HEAT Natural Gas
LOT DIMENSIONS 24' x 100'
PARKING No Garage
SEWER Public Sewer
STYLE 3 Family
TAXES 11558
WATER Public
MORTGAGE CALCULATOR
   

TOTAL MONTHLY PAYMENT

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All information deemed reliable but not guaranteed. Last date updated: 11/9/24 8:46 AM PST Source: New Jersey Multiple Listing, Inc.

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