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368 Palisade Ave 4,000 sq ft 100% Let Retail Property Jersey City, NJ 07307 £1,492,320 (£373.08/sq ft)
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 sq ft |
|---|---|---|
| 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 sq ft | $9.99 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per sq ft | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per sq ft | - |
| Effective Gross Income | |
|---|---|
| Annual | $99,999 |
| Annual Per sq ft | $9.99 |
| Taxes | |
|---|---|
| Annual | $99,999 |
| Annual Per sq ft | $9.99 |
| Operating Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per sq ft | $9.99 |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per sq ft | $9.99 |
| Net Operating Income | |
|---|---|
| Annual | $99,999 |
| Annual Per sq ft | $9.99 |
PROPERTY FACTS Under Offer
Sale Type
Investment
Property Type
Retail
Property Subtype
Shopfront Retail / Residential
Property Size
4,000 sq ft
Costar Property Class
C
Year Built
1900
Price
£1,492,320
Price per sq ft
£373.08
Occupancy Rate
100%
Tenancy
Multiple
Number of Floors
2
Plot ratio
1.84
Total Plot Size
0.05 ac
Use Class
ret
Frontage
37 ft on Palisade Ave
Walk Score®
Excellent pedestrian access (95)
Transit Score®
Excellent Public Transport (76)
Bike Score®
Good for cycling (81)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 06-03903-0000-00001 | Total Assessment | £558,255 (2025) |
| Land Assessment | £120,582 (2025) | Annual Taxes | -£1 (£0.00/sq ft) |
| Improvements Assessment | £437,672 (2025) | Tax Year | 2024 |
PROPERTY TAXES
Parcel Number
06-03903-0000-00001
Land Assessment
£120,582 (2025)
Improvements Assessment
£437,672 (2025)
Total Assessment
£558,255 (2025)
Annual Taxes
-£1 (£0.00/sq ft)
Tax Year
2024
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Presented by
Serhant New Jersey LLC
368 Palisade Ave
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