125 Palisade Ave

Description

Introducing 125 Palisade Avenue, a rare and meticulously maintained three-family investment opportunity in the heart of the highly coveted Jersey City Heights. Set on a 23x75 lot and spanning 2,926 square feet, this property is perfectly configured for an owner-occupant or a savvy investor looking for a high-yield, low-maintenance asset. The building is comprised of 3 sun-drenched units featuring a total of 5 bedrooms and 3 bathrooms across the building, with interiors defined by soaring high ceilings and gleaming hardwood floors. The kitchens in every unit are fully equipped for modern living, boasting gas stoves, refrigerators, built-in microwaves, and dishwashers. Efficiency is a hallmark of this home, with completely separated gas and electric utilities ensuring exceptionally low owner expenses. The standout "value-add" feature of this property is the attached two-car garage, which currently commands a premium rent of $400 per month—a significant and steady income boost in a neighborhood where parking is at an absolute premium. Perfectly situated just across from CarePoint Health/Christ Hospital and just a few blocks from the lush landscapes of Riverview-Fisk Park, the location offers residents sweeping Manhattan skyline views and immediate access to the Heights' best amenities, including local favorites like Modcup Coffee and the Riverview Farmers Market. For the daily commuter, the location is unbeatable: the 123 and 119 NJ Transit buses stop just outside for a direct ride to Port Authority, while the Journal Square PATH and the 2nd Street Light Rail are both within easy reach, placing all of New York City and Hoboken just minutes away.