#240022909, Listing Office: COMPASS NEW JERSEY, LLC
Property details
About 216 Palisade Ave
Fully approved 10-story senior housing (62 or Older) new development opportunity at 216 Palisade Avenue, Jersey City. Approved plans feature 51 units (6 studios, 43 one-bedroom, 2 three-bedroom), a Resident Gym, Rooftop Deck, and 11-space Parking Garage. Prime location along Palisade Avenue with easy access to retail and public transportation. "No Rent or Condominium Price Restrictions". Government Grants available such as CDBG, HOME and AHTF, by the housing and Urban Development, offering up-to 50% construction costs. Several banks offering low interest construction loans for underserved communities. Approved Land with Resolution, ready for immediate construction financing and development.
Highlights
(ACTIVE)
Summary
- MLS Number: 240021623
- MLS Name: HudsonCountyNJ
- Office Name: EXP REALTY LLC
- Office Phone: (866) 201-6210
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Last updated on: 2/22/2025, 9:15:54 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$4,500,000
216 Palisade Ave
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Price information
Property sales
Date | Event | Price |
---|---|---|
Nov 19, 2018 | Home Sold | $1,400,000 |
Apr 03, 2003 | Home Sold | $440,000 |
Tax history
Year | Assessment | Property Tax |
---|---|---|
2024 | $1,250,000 | $28,087 |
2022 | $1,360,200 | $19,535 |
2021 | $1,217,900 | $19,535 |
2020 | $1,217,900 | $18,755 |
2019 | $1,217,900 | $18,122 |
History based on county public records data.
Nearby schools
7
Jotham W. Wakeman School
Public District PK-5
0.3 mi
•100 Saint Pauls Ave
3
Patricia M. Noonan Elementary School
Public District PK-5
0.4 mi
•164 Laidlaw Ave
5
Charles E. Trefurt Elementary School
Public District PK-5
0.4 mi
•96 Franklin St
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $51,354. Residents of Jersey City, NJ typically earn between $35k-100k each year. Most families are single, no kids. The most common level of education of people living in this area is post secondary degree.
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Frequently asked questions
About 216 Palisade Ave
This home is located at 216 Palisade Ave in Jersey City, NJ and zip code 07306 in the The Heights neighborhood. Features: 0 bathroom. It has been listed on Rocket Homes since November 12, 2024 and is currently priced at $4,500,000.
Over 29 listings were sold over their listed price in January 2025 in Jersey City, NJ. In the same period over 58 listings were sold below the listed price and 16 listings were sold for the listed price. Between December and January 2025, Jersey City, NJ real estate market has seen increase in the number of listings by 12.9%. In January 2025 median list price was $710,888 and the average listing age was 41 days.