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368 Palisade Ave 4,000 SF 100% Leased Retail Building Jersey City, NJ 07307 $1,995,000 ($498.75/SF)

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INVESTMENT HIGHLIGHTS

  • Prime investment property at 368 Palisade Ave in the heart of Jersey City Heights!
  • Income generating gem offers unbeatable access to vibrant local amenities,
  • Thriving rental market.
  • Two residential spacious units over a retail unit.
  • Stunning Manhattan skyline views.
  • Perfect for investors seeking steady cash flow w/strong potential for income growth in one of jersey city’s most sought-after neighborhoods.

EXECUTIVE SUMMARY

Unlock the potential of this prime investment property at 368 Palisade Ave in the heart of Jersey City Heights! Featuring two residential spacious units, over a retail unit, this income generating gem offers unbeatable access to vibrant local amenities, stunning Manhattan skyline views, and a thriving rental market. Perfect for investors seeking steady cash flow with strong potential for income growth in one of Jersey City’s most sought-after neighborhoods.

FINANCIAL SUMMARY (ACTUAL - 2024) Click Here to Access

ANNUAL ANNUAL PER SF
Gross Rental Income $99,999 $9.99
Other Income - -
Vacancy Loss - -
Effective Gross Income $99,999 $9.99
Taxes $99,999 $9.99
Operating Expenses $99,999 $9.99
Total Expenses $99,999 $9.99
Net Operating Income $99,999 $9.99

FINANCIAL SUMMARY (ACTUAL - 2024) Click Here to Access

Gross Rental Income
Annual $99,999
Annual Per SF $9.99
Other Income
Annual -
Annual Per SF -
Vacancy Loss
Annual -
Annual Per SF -
Effective Gross Income
Annual $99,999
Annual Per SF $9.99
Taxes
Annual $99,999
Annual Per SF $9.99
Operating Expenses
Annual $99,999
Annual Per SF $9.99
Total Expenses
Annual $99,999
Annual Per SF $9.99
Net Operating Income
Annual $99,999
Annual Per SF $9.99

PROPERTY FACTS Under Contract

Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
4,000 SF
Building Class
C
Year Built
1900
Price
$1,995,000
Price Per SF
$498.75
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
1.84
Lot Size
0.05 AC
Zoning
ret
Frontage
37’ on Palisade Ave
Walk Score®
Walker's Paradise (95)
Transit Score®
Excellent Transit (76)
Bike Score®
Very Bikeable (81)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

NEARBY MAJOR RETAILERS

Stop & Shop
Santander
Bank of America
Noches De Colombia
Cross Fit Hoboken
My Gym Hoboken
F45 Training, Inc.
Cycle Bar
Stretchlabs
ShopRite

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
06-03903-0000-00001
Land Assessment
$161,200 (2025)
Improvements Assessment
$585,100 (2025)
Total Assessment
$746,300 (2025)
Annual Taxes
($1) ($0.00/SF)
Tax Year
2024
  • Listing ID: 35291923

  • Date on Market: 3/28/2025

  • Last Updated:

  • Address: 368 Palisade Ave, Jersey City, NJ 07307

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