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6-Unit Apartment Building with Rear Duplex

386 PALISADE AVE JC, Jersey City, NJ 07307

For Sale
$1,775,000

The unit mix combines one-bedroom apartments with a rear duplex and in-unit laundry.

Property SizeContact for details
Days on Market25

Property Features for 386 PALISADE AVE JC

General Information

Standard status Active
Property subtype Investment

Units

Unit Mix 5 x 1BR, 1 x 3BR/1BA
Multifamily Units 6

Additional Details

Public Transit Yes
Listing Agency: SERHANT NEW JERSEY LLC
Listed By: DOMINICK CARO · License NJ #2299531
Source: Serhant
Added: Oct 16 Changed: Nov 9 Last Checked: Nov 8 at 3:07PM

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 SERHANT NEW JERSEY LLC

Rey
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Investment Insights

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This six-unit apartment property includes five one-bedroom apartments and a rear three-bedroom, one-bathroom duplex ADU. The duplex has a kitchen island with bar seating, a combination washer and dryer, and wall-mounted heating and cooling units. Its east- and west-facing exposures provide natural light at different times of day.

The property is one block from Riverview-Fisk Park, whose observation deck offers views of the New York City skyline. A Sunday farmers market operates there beginning each May. Bus service to Port Authority is steps away, with a stated travel time of 30 minutes; the 2nd Street Light Rail Station is a 10-minute walk from the property.

Key Highlights

  • Six‑unit property with five one‑bedroom apartments and a rear three‑bedroom, one‑bathroom duplex ADU
  • Duplex includes a kitchen island, combination washer and dryer, and wall‑mounted heating and cooling units
  • East- and west‑facing exposures in the rear duplex

Property Analytics

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Lease Details

6
Residential units

Location Intelligence

Trade Area within ½ mile

4,263
Businesses Nearby

Demographics for 07307, NJ

44,247
Population
18,762
Households
2.4
Avg Household Size
35
Median Age
46%
College-Educated
87%
High-School Grad
1.9 sq mi
ZIP Area
23,288
Density / Sq Mi
$80,745
Median Household Income
$52,729
Median Earnings
$1,708
Median Rent
$574,000
Median Home Value
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Market

Properties on Market for Apartment buildings in Jersey City

Jul
Aug
Sep
Oct

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025

Frequently Asked Questions

What type of property is this?
Apartment building - The unit mix combines one-bedroom apartments with a rear duplex and in-unit laundry.
Where is this apartment building located?
The property is located at 386 PALISADE AVE JC Jersey City, NJ.
What is the asking price?
The asking price for this property is $1,775,000.
What are key features of this property?
This property features: Six‑unit property with five one‑bedroom apartments and a rear three‑bedroom, one‑bathroom duplex ADU; Duplex includes a kitchen island, combination washer and dryer, and wall‑mounted heating and cooling units; East- and west‑facing exposures in the rear duplex
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