Skip To Content

1508 Palisade Ave

Union City, NJ 07087
  • $965,000
  • STATUS: Closed
  • ON SITE: 372 Days
  • MLS #: 230008046
Sold - 09/13/2023
$965,000
SOLD - 09/13/2023
  • 10
    BEDS
  • N/A
    ACRES
  • 3
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
County:
Area:

School Ratings & Info

Description

Presenting a truly remarkable 2-family home, a prized jewel situated in the heart of Union City This property's location is second to none, and its expansive lot size sets it apart. The standalone structure sprawls over a 30.63x100 lot, a feature seldom found in this vibrant urban context. The home's detached nature gifts it a profusion of windows, allowing radiant natural light to flood from every direction, bathing the meticulously maintained interiors in a warm, welcoming glow. This property marries charm with functionality, boasting a roomy garage at the rear, adept at housing two cars, while an extended driveway can host an additional three vehicles. The fully finished basement is a standout addition, offering three extra rooms and a full bathroom, an ideal space for living, entertaining, or accommodating extended family. The house also offers an added layer of security with cameras throughout the property and a comprehensive electrical alarm system. Both units underwent a thorough renovation in recent years. Unit 1, a three-bedroom, one-bath abode, extends a warm invitation with its gleaming hardwood floors throughout. The sizable eat-in kitchen, equipped with newer stainless steel appliances, is a culinary haven, while the tastefully designed bathroom adds a dash of contemporary sophistication. The master bedroom and two additional bedrooms comfortably accommodate queen-sized beds, guaranteeing abundant living space. In-unit laundry and ample storage space underline the unit's convenience. Unit 2, a four-bedroom, one-bath home, showcases matching gleaming hardwood floors. Its expansive eat-in kitchen, complete with brand new stainless steel appliances, rivals its sister unit's appeal. A newly fashioned bathroom echoes the tasteful aesthetic of Unit 1. The generously-sized master bedroom incorporates an additional smaller room, suitable for a vast walk-in closet, a home office, or a nursery. The remaining bedrooms are well-proportioned, easily fitting queen-sized beds. In-unit laundry and extensive storage space further enhance the home's convenience. The home's prime location is a significant highlight, nestled in a lively neighborhood, a mere two blocks from the bustling Bergenline Avenue shopping district. Its close proximity to Colin Powell Elementary School is a boon for families, while the nearby Hoboken is just a viaduct away. For commuters, the numerous bus options available right at your doorstep ensure easy and quick transportation to the city. This 2-family home is a rare gem, offering an ideal mix of comfortable living, convenience, and appealing charm. Moreover, this property shines as an exceptional investment opportunity. Both units are currently tenant-occupied, ensuring a consistent rental income stream from the get-go. The spacious garage and the basement, too, are rented out, enhancing the property's overall profitability. The home's meticulously maintained condition is a significant advantage for investors, keeping maintenance and attention requirements to a minimum. The high standard of upkeep means that you can concentrate on rent collection without the worry of constant repairs or updates. Whether you're a homebuyer desiring a property with an income-generating unit or an investor scouting for a lucrative addition to your portfolio, this Union City property is an ideal pick. Its blend of prime location, high-quality renovations, and rental income potential makes it a uniquely appealing real estate opportunity in the pulsating heart of Union City

Monthly Payment Calculator



© 2024 Hudson County Multiple Listing Service. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or PRIME Real Estate Group. The data relating to real estate for sale or lease on this web site comes in part from HCMLS. Real estate listings held by brokerage firms other than PRIME Real Estate Group are marked with the HCMLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Data last updated: 2024-05-24T12:25:56.79.
www.bestofhobokenhomes.com/homes/139618768
Print Image

1508 Palisade Ave Union City, NJ 07087

  • Price: $975,000
  • Status: Closed
  • On Site: 372 Days
  • Updated: 71 min ago
  • MLS #: 230008046
10
Beds
3
Baths
0
½ Baths
N/A
Acres
Neighborhood:
Union City
County:
Hudson
Area:
Union City
Property Description
Presenting a truly remarkable 2-family home, a prized jewel situated in the heart of Union City This property's location is second to none, and its expansive lot size sets it apart. The standalone structure sprawls over a 30.63x100 lot, a feature seldom found in this vibrant urban context. The home's detached nature gifts it a profusion of windows, allowing radiant natural light to flood from every direction, bathing the meticulously maintained interiors in a warm, welcoming glow. This property marries charm with functionality, boasting a roomy garage at the rear, adept at housing two cars, while an extended driveway can host an additional three vehicles. The fully finished basement is a standout addition, offering three extra rooms and a full bathroom, an ideal space for living, entertaining, or accommodating extended family. The house also offers an added layer of security with cameras throughout the property and a comprehensive electrical alarm system. Both units underwent a thorough renovation in recent years. Unit 1, a three-bedroom, one-bath abode, extends a warm invitation with its gleaming hardwood floors throughout. The sizable eat-in kitchen, equipped with newer stainless steel appliances, is a culinary haven, while the tastefully designed bathroom adds a dash of contemporary sophistication. The master bedroom and two additional bedrooms comfortably accommodate queen-sized beds, guaranteeing abundant living space. In-unit laundry and ample storage space underline the unit's convenience. Unit 2, a four-bedroom, one-bath home, showcases matching gleaming hardwood floors. Its expansive eat-in kitchen, complete with brand new stainless steel appliances, rivals its sister unit's appeal. A newly fashioned bathroom echoes the tasteful aesthetic of Unit 1. The generously-sized master bedroom incorporates an additional smaller room, suitable for a vast walk-in closet, a home office, or a nursery. The remaining bedrooms are well-proportioned, easily fitting queen-sized beds. In-unit laundry and extensive storage space further enhance the home's convenience. The home's prime location is a significant highlight, nestled in a lively neighborhood, a mere two blocks from the bustling Bergenline Avenue shopping district. Its close proximity to Colin Powell Elementary School is a boon for families, while the nearby Hoboken is just a viaduct away. For commuters, the numerous bus options available right at your doorstep ensure easy and quick transportation to the city. This 2-family home is a rare gem, offering an ideal mix of comfortable living, convenience, and appealing charm. Moreover, this property shines as an exceptional investment opportunity. Both units are currently tenant-occupied, ensuring a consistent rental income stream from the get-go. The spacious garage and the basement, too, are rented out, enhancing the property's overall profitability. The home's meticulously maintained condition is a significant advantage for investors, keeping maintenance and attention requirements to a minimum. The high standard of upkeep means that you can concentrate on rent collection without the worry of constant repairs or updates. Whether you're a homebuyer desiring a property with an income-generating unit or an investor scouting for a lucrative addition to your portfolio, this Union City property is an ideal pick. Its blend of prime location, high-quality renovations, and rental income potential makes it a uniquely appealing real estate opportunity in the pulsating heart of Union City
Exterior Features

Exterior Finish Other-See Remarks Lot Size 30.63X100 Parking 3+ CarsGarage Style Multi-Level

Interior Features

Basement FinishedFullWalk-Out Basement Baths 1 Basement Bedrooms 3 Floor1 Rooms 5 Floor2 Rooms 6 Floor3 Rooms 0 Floor4 Rooms 0 Heating Cooling A/C WindowBaseboardGas Level1 Baths 1 Level1 Bedrooms 3 Level2 Baths 1 Level2 Bedrooms 4 Total Other Rooms 0

Property Features

Exclusions Tenants' Personal Belongings Floor1 Rent $2550 Floor2 Rent $2900 Inclusions Major Appliances Insurance Expense 3955 Internet Yes Lead Paint Form Yes Multifamily Type 2 Family Taxes 11761 Water Sewer Expense 4038

Listing provided courtesy of LIBERTY REALTY LLC:201-610-1010.


© 2024 Hudson County Multiple Listing Service. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or PRIME Real Estate Group. The data relating to real estate for sale or lease on this web site comes in part from HCMLS. Real estate listings held by brokerage firms other than PRIME Real Estate Group are marked with the HCMLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Data last updated: 2024-05-24T12:25:56.79.
 
Logo
PRIME Real Estate Group
98 Park Avenue
Hoboken NJ, 07030