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$949,000
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Property Description
Explore the potential of this exceptional 6-unit multi-family investment property nestled in the heart of Union City, NJ. Ideal for new entrants into the market or seasoned investors with a diverse portfolio, this property promises both immediate returns and long- term appreciation. Investment Highlights: Catering to varied tenant needs with a well-balanced assortment of 1, 2, and 3-bedroom units. Enjoy the convenience of nearby shopping, dining, and public transportation options. A lucrative investment with a history of stable rental income. Ideal for: New and Seasoned Investors: A perfect entry point into the lucrative multi-family real estate market. A strategic addition to a portfolio seeking stable returns and future appreciation.
Full Property Details
Full Property Details for 2803-2805 Palisade Ave
General
- Price: $949,000
- Taxes: $12,980
- Status: Active
- Type: Commercial
- Source: NJMLS
- MLS ID: 24015669
- Updated: 11/14/2024
- Added to Site: 197 day(s) ago
Location
- County: HUDSON
Structural Information
- Architectural Style: 5-25
- Description/Design: 5+Family
- Roof: Other (See Remarks)
- Year Built: 1900-1939
Financial Considerations
- Tax Amount: $12,980
- Landlord Pays: O/See Rmrks
Buyer's Brokerage Compensation: Contact Listing Agent
Not binding unless confirmed by separate agreement among applicable parties.
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Schools
Schools serving 2803-2805 Palisade Ave
School District:Union City School District
Rating | Name | Grades | Distance |
---|---|---|---|
1600 Kerrigan Ave, Union City, NJ 07087 | PK-8 | 0.3 mi | |
2800 Summit Ave, Union City, NJ 07087 | PK-6 | 0.3 mi | |
3808 Hudson Ave, Union City, NJ 07087 | 7-8 | 0.4 mi | |
2500 Kennedy Blvd, Union City, NJ 07087 | 10-12 | 0.4 mi | |
1800 Summit Ave, Union City, NJ 07087 | 9-9 | 0.5 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 2803-2805 Palisade Ave
Date
Details
Price
Change
Source
5/20/2024
Listed
$949,000
31.18%
MLS
6/30/2017
Sold
$723,434
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 2803-2805 Palisade Ave
Year
Property Taxes
Change
Tax Assessment
Change
2022
$12,309
—
$172,400
—
2021
$12,265
33%
$172,400
—
2021
$9,204
-25%
$172,400
—
2019
$12,246
2%
$172,400
—
2018
$12,016
1%
$172,400
—
2017
$11,902
—
$172,400
—
2016
$11,878
2%
$172,400
—
2015
$11,673
3%
$172,400
—
2013
$11,284
—
$172,400
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 2803-2805 Palisade Ave
2803-2805 Palisade Avenue, Union City, NJ 07087 (MLS# 24015669) is a Commercial property. 2803-2805 Palisade Avenue is currently listed for $949,000 and was received on May 20, 2024. This property is listed by Ryan Cooper from our Hoboken Office.Want to learn more about 2803-2805 Palisade Avenue? Do you have questions about finding other Commercial real estate for sale in Union City? You can browse all Union City real estate or contact a Coldwell Banker agent to request more information.