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For Sale
$4,000,000

216 Palisade Ave, Jersey City, NJ 07306

Residential land & home lots

Property SizeContact for details
Days on Market121

Property Features for 216 Palisade Ave

General Information

Standard status Active
Property subtype Multi-Family

Amenities

Fully Approved 10-Story, 51-Unit Age-restricted (62+) Multifamily Development Site In The Heights Section Of Jersey City, Hudson County, New Jersey
Rare Shovel-ready Development Opportunity in One of the Most Supply-Constrained and Institutionally Favored Multifamily Markets in the Northeast
Approved For 35,657 Rentable Square Feet With an Efficient 699 SF Average Unit Size Across 51 Residential Units
Listing Agency: Marcus & Millichap - New Jersey
Listed By: Alan Cafiero · License #License(s): NJ: 0791092
Source: Marcusmillichap
Added: May 8 Changed: Sep 3 Last Checked: Sep 2 at 1:19PM

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 Marcus & Millichap - New Jersey

Property Analytics

Current Use

Vijay Roy MD Physician Isaac Michael R ... Physician

Suggested Use

Top Pick Nursing Home Catering Service Veterinary Clinic (Bike/Boat/Book/etc) Store Carpet & Flooring Store Auto Parts Store

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

3,502
Businesses Nearby

Demographics for 07306, NJ

55,342
Population
24,770
Households
2.2
Avg Household Size
34
Median Age
50%
College-Educated
87%
High-School Grad
3.0 sq mi
ZIP Area
18,447
Density / Sq Mi
$75,861
Median Household Income
$49,522
Median Earnings
$1,619
Median Rent
$502,600
Median Home Value
Rey
Questions? Ask Rey
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Frequently Asked Questions

Where is this residential land & home lot located?
The property is located at 216 Palisade Ave Jersey City, NJ.
What is the asking price?
The asking price for this property is $4,000,000.
More about this property
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