Twitter
Facebook
Email|
Listed with Jill Biggs | 973-495-6038, Coldwell Banker, Hoboken
|
Seize a rare opportunity to acquire a renovated, mixed-use income property at 296 Palisade Avenue, positioned on one of the Jersey City Heights' most high-traffic and desirable thoroughfares. This is a true turnkey asset for the discerning investor, offering a strong and diversified revenue stream from both commercial and residential tenants. The building underwent a complete gut renovation in 2012, ensuring modern infrastructure, updated finishes, and significantly minimizing near-term capital expenditures. Notably, the roof and all HVAC systems were replaced in 2012, providing peace of mind and long-term operating efficiency. The ground floor features a substantial commercial condo totaling approximately 2,200 rentable square feet of space. This includes 1,200 square feet of high-visibility ground floor retail/commercial space, coupled with an additional 1,000 square feet of rentable basement space (1,200 sq. ft. total basement, minus 200 sq. ft. for mechanicals). The commercial unit is currently occupied by a stable tenant, anchoring the building's income. Above the commercial space are two well-appointed, income-generating residential rental units, each spanning approximately 700 square feet. Adding further value and income potential is a highly coveted, single parking spot, currently rented out month-to-monthâ€"a significant premium in this dense urban market. Located in the heart of the booming Heights neighborhood, 296 Palisade Avenue offers unparalleled access to loca
| DAYS ON MARKET | 6 | LAST UPDATED | 10/9/2025 |
|---|---|---|---|
| YEAR BUILT | 0 | COUNTY | HUDSON |
| STATUS | Active | PROPERTY TYPE(S) | Residential Income |
| ADDITIONAL DETAILS |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
0
P
I
*Estimate only
| SATELLITE VIEW |
| / | |
We respect your online privacy and will never spam you. By submitting this form with your telephone number
you are consenting for Josh
Baris to contact you even if your name is on a Federal or State
"Do not call List".
The data relating to the real estate for sale on this web site comes in part from the Internet Data Exchange Program of the NJMLS. Real estate listings held by brokerage firms other than Sotheby's are marked with the Internet Data Exchange logo and information about them includes the name of the listing brokers. Some properties listed with the participating brokers do not appear on this website at the request of the seller. Listings of brokers that do not participate in Internet Data Exchange do not appear on this website.
All information deemed reliable but not guaranteed. Last date updated: 10/15/25 10:55 AM PDT Source: New Jersey Multiple Listing, Inc.
© 2025 New Jersey Multiple Listing Service Inc. All rights reserved.
This IDX solution is (c) Diverse Solutions 2025.
