$1,600,000

347 Palisade Ave Jersey City, NJ 07307

$10,000
Closing credit¹
9 beds
5 full
Multi-Family

Property details

About 347 Palisade Ave

Welcome to this fantastic income producing property with excellent investment potential. Built in 2005, this lovely 2 family boasts 9 bedrooms, 5 bathrooms, as well as a 1-car garage, and large backyard perfect for outdoor hosting and activities. With easy access to public transportation in walking distance, you'll find the 2nd street light rail and busses to Port Authority close by. Be in the city within 30 minutes! Also close to Riverpark Franklin Market, find yourself in one of the most vibrant areas of Jersey City! Current gross income $98640, current zoning R-2D allows up to 4 residential unit with possibility of incorporating office or commercial space on the ground floor. Do not miss this great opportunity, schedule a viewing today!

Highlights

Home typeDuplex
StatusActive
(ACTIVE)
CoolingCentral Air
MLS #250003584
Garage2 spaces

Summary

  • MLS Number: 250003584
  • MLS Name: HudsonCountyNJ
  • Office Name: COLDWELL BANKER REALTY
  • Office Phone: (201) 963-1400

IDXThe data relating to real estate for sale or rent on this web site comes in part from the IDX program of the HCMLS. Real estate listings held by brokerage firms other than this broker are marked with the HCIDX mark and the information about them includes the name of the listing broker. Information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Listing(s) information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Copyright © 2025 Realty Multiple Listing System, Inc. Incorporated in 1952 (aka RMLS, Hudson County MLS). All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 3/14/2025, 7:15:56 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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view of front facade featuring a garage, brick siding, and driveway

$1,600,000

347 Palisade Ave

$10,000

closing credit¹

Sell your home with Rocket and save even more!

Seller rebate

0.5% sale price²

Price information

Property sales

DateEventPrice
Sep 28, 2022
Home Sold
$1,175,000
Apr 28, 2021
Home Sold
$925,000
Dec 10, 2005
Home Sold
$560,000
Oct 02, 2003
Home Sold
$130,000
Sep 14, 1994
Home Sold
$20,000

Tax history

YearAssessmentProperty Tax
2024$697,100$15,663
2022$697,100$11,181
2021$697,100$11,181
2020$697,100$10,735
2019$697,100$10,372

History based on county public records data.

Nearby schools

5

Charles E. Trefurt Elementary School

Public District PK-5

0.2 mi

96 Franklin St

7

Thomas G. Connors Elementary School

Public District KG-5

0.4 mi

201 Monroe St

3

Patricia M. Noonan Elementary School

Public District PK-5

0.5 mi

164 Laidlaw Ave

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $46,297. The majority of Jersey City, NJ residents have income between $35k-100k annually. Most families are single, no kids. The most common level of education of people living in this area is high school diploma.

How much money do the neighbors make?

39%
<35k
52%
35k-100k
6%
100k-200k
3%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree
Doctorate

What types of families live nearby?

51%
Single, No Kids
18%
Single, with Kids
14%
Married, No Kids
17%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

16%
<11 yrs old
6%
12-17 yrs old
31%
18-34 yrs old
33%
35-64 yrs old
14%
65+ yrs old

What do the neighbors do for fun?

  • Music ConcertsMusic Concerts
  • TennisTennis
  • Major League Soccer (MLS)Major League Soccer (MLS)

Where do the neighbors shop?

  • H&MH&M
  • Crate & BarrelCrate & Barrel
  • Banana RepublicBanana Republic

Where do the neighbors go to eat?

  • ChipotleChipotle
  • StarbucksStarbucks
  • Jack In The BoxJack In The Box

What do the neighbors drive?

  • VolkswagenVolkswagen
  • BMWBMW
  • ToyotaToyota

What do the neighbors listen to?

  • Rhythmic Contemporary HitsRhythmic Contemporary Hits
  • NewsNews
  • JazzJazz
All data provided by Home Junction and Claritas

Similar homes for sale

This home is located at 347 Palisade Ave in Jersey City, NJ and zip code 07307 in the The Heights neighborhood. Features: 9 bedrooms, 5 bathrooms. It has been listed on Rocket Homes since February 25, 2025 and is currently priced at $1,600,000.

While more than 34 listings in Jersey City, NJ in February 2025 were sold above asking price, there were more than 16 listings sold at asking price, and more than 44 were sold below. In February 2025 in Jersey City, NJ there were 3.6% more homes for sale than in January. Listings spent 40 days on the market in February 2025, and had a median list price of $704,358 during the same period.

From Rocket Homes Real Estate and based on county public records data.

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