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Six-Unit Apartment Building
For Sale
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Pending

1303 Palisade Ave 2, Union City, NJ 07087

Six-unit apartment building with elevator access and ground-floor parking garages with EV charging stations.

Property SizeContact for details
Days on Market148

Property Features for 1303 Palisade Ave 2

General Information

Standard status Pending
Property subtype Multifamily
Listing Agency: ACCESS HOMES REALTY
Listed By: Gustavo Santacruz · License #NJ
Source: Crexi
Added: Apr 11 Changed: Sep 3 Last Checked: Sep 4 at 8:36PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of ACCESS HOMES REALTY

Investment Insights

Based on property information with market context.

This six-unit apartment building features a contemporary exterior with gray Flemish patterned brick, cedar-colored metal cladding, Anderson 400 series casement windows, and aluminum entry doors with electric strike hardware. Inside, each floor opens to an individual residence with stainless-steel elevator entry doors. Units include 3/4-inch oak hardwood floors and high ceilings measuring up to 10 feet, with kitchens outfitted with LG stainless steel appliances, quartz slab counters and backsplashes, and custom modern cabinetry. Bathrooms feature modern porcelain tile with black matte finishes. Building access includes a video/intercom and key fob entry system.

The property at 1303 Palisade Ave, Unit 2, is in Union City and includes ground-floor parking garages with EV charging stations for each unit. Residents also benefit from nearby parks, cafes, shops, and restaurants, with quick access to NJ Transit, Light Rail, NY/NJ PATH, and the ferry for travel into Manhattan.

Key Highlights

  • 6‑unit apartment building with elevator access and ground‑floor parking garages for each unit
  • Each unit offers 3 bedrooms and 2 full baths
  • Video/intercom key fob entry system plus oak hardwood floors (3 1/4" wide) and high ceilings up to 10 ft

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Law Firm Nursing Home (Bike/Boat/Book/etc) Store Catering Service Tattoo & Piercing Shop Tanning Salon

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

3,375
Businesses Nearby

Demographics for 07087, NJ

68,611
Population
27,442
Households
2.5
Avg Household Size
36
Median Age
28%
College-Educated
77%
High-School Grad
1.3 sq mi
ZIP Area
52,778
Density / Sq Mi
$65,369
Median Household Income
$35,041
Median Earnings
$1,489
Median Rent
$446,800
Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - Six-unit apartment building with elevator access and ground-floor parking garages with EV charging stations.
Where is this apartment building located?
The property is located at 1303 Palisade Ave 2 Union City, NJ.
What are key features of this property?
This property features: 6‑unit apartment building with elevator access and ground‑floor parking garages for each unit; Each unit offers 3 bedrooms and 2 full baths; Video/intercom key fob entry system plus oak hardwood floors (3 1/4" wide) and high ceilings up to 10 ft
(201) 766-2565 Call to check price and availability
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