$1,500,000

505 Palisade Ave Jersey City, NJ 07307

$10,000
Closing credit¹
6 beds
4 full
Multi-Family

Property details

About 505 Palisade Ave

Don't miss this incredible opportunity to own a 3-Family home in the heart of Jersey City NJ ! Located in a prime area, this property is perfect for investors seeking great rental income or owner - occupants looking to live in one unit while renting out the others. Spacious layouts , strong rental potential and unbeatable convenience to shopping , dining and transportation. An Ideal Investment Opportunity in Jersey City. This rare find in Jersey City offers three units, each unit with a kitchen, living room, 2 bedrooms, and a full bath. 505 Palisade Ave Jersey City is the perfect place to call home. Schedule a private tour today and see all that this property has to offer! A must - see!

Highlights

Home typeMulti Family
StatusActive
MLS #25007681

Summary

  • MLS Number: 25007681
  • Office Name: Access Homes Realty
  • Office Phone: (201) 766-2565
  • Listing Agent: Cristina Sanchez Lopez

IDXDisclaimer: The data relating to the real estate for sale on this web site comes in part from the Internet Data Exchange Program of the NJMLS. Real estate listings held by brokerage firms other than Rocket Homes Real Estate, LLC are marked with the Internet Data Exchange logo and information about them includes the name of the listing brokers. Information provided is for consumer’s personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Some properties listed with the participating brokers do not appear on this website at the request of the seller. Listings of brokers that do not participate in Internet Data Exchange do not appear on this website.

All information deemed reliable but not guaranteed. Source: New Jersey Multiple Listing Service, Inc. Copyright© 2025 New Jersey Multiple Listing Service, Inc. All rights reserved.

Rocket Homes Real Estate, 701 Griswold St, Suite 21, Detroit, MI 48226

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, 1:20:58 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 of house with brick siding and cooling unit

$1,500,000

505 Palisade Ave

$10,000

closing credit¹

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0.5% sale price²

Price information

Property sales

We're sorry, we currently don't have property sales data for this listing.

Tax history

YearAssessmentProperty Tax
2024$658,500$14,796
2022$658,500$10,562
2021$658,500$10,562
2020$658,500$10,140
2019$658,500$9,798

History based on county public records data.

Nearby schools

5

Charles E. Trefurt Elementary School

Public District PK-5

0.4 mi

96 Franklin St

7

Thomas G. Connors Elementary School

Public District KG-5

0.4 mi

201 Monroe St

7

Joseph F Brandt Elementary School

Public District KG-5

0.7 mi

215 9th St

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 $66,648. Most Jersey City, NJ residents have annual incomes between $35k-100k. Residents typically live in single, no kids family. The majority of residents in this area have post secondary degree education.

How much money do the neighbors make?

26%
<35k
49%
35k-100k
21%
100k-200k
4%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree
Doctorate

What types of families live nearby?

54%
Single, No Kids
12%
Single, with Kids
18%
Married, No Kids
16%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

14%
<11 yrs old
6%
12-17 yrs old
36%
18-34 yrs old
38%
35-64 yrs old
6%
65+ yrs old

What do the neighbors do for fun?

  • Art MuseumsArt Museums
  • TennisTennis
  • Music ConcertsMusic Concerts

Where do the neighbors shop?

  • BloomingdalesBloomingdales
  • Crate & BarrelCrate & Barrel
  • H&MH&M

Where do the neighbors go to eat?

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

What do the neighbors drive?

  • AudiAudi
  • BMWBMW
  • VolkswagenVolkswagen

What do the neighbors listen to?

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

Similar homes for sale

This home is located at 505 Palisade Ave in Jersey City, NJ and zip code 07307 in the The Heights neighborhood. Features: 6 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since March 11, 2025 and is currently priced at $1,500,000.

Over 34 listings were sold over their listed price in February 2025 in Jersey City, NJ. In the same period over 44 listings were sold below the listed price and 16 listings were sold for the listed price. 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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