#240001448, Listing office: ACCESS HOMES REALTY
Property details
About 612 Palisade Ave
Don’t miss this exceptional investment property in a prime location! This 3-story mixed-use building features two spacious residential units above a commercial space, offering strong rental income and future potential. Each residential unit boasts 3 bedrooms, 2 bathrooms, and over 1,500 sq. ft. of living space, plus access to a private back deck. The top-floor unit is rented for $2,900/month (lease ends 1/31/26), while the second-floor unit rents for $2,850/month (lease ends 2/28/26). Both units are updated with hardwood flooring throughout, plenty of closets for storage, central A/C & heat, plus in-unit laundry! Under market value rents. The kitchens have stainless steel appliances and granite counters complete with breakfast bars. The ground-floor commercial space spans approximately 1,500 sq. ft., includes a very large bathroom, and offers backyard access—ideal for various business uses. Located just three blocks from Riverview Fisk Park, two blocks from Washington Park, and close proximity to the 9th Street Light Rail elevator, this property is also on the NJ Transit 190 Bus line with direct service to NYC Port Authority. A fantastic opportunity for investors—schedule a showing today!
Highlights
Home typeTriplex
HeatingForced Air
StatusActive
(ACTIVE)
(ACTIVE)
CoolingCentral Air
BasementYes
MLS #250007199
Summary
- Partial Bathrooms: 1
- Full Bathrooms: 4
- Basement: Yes
- Total Bedroom Count: 6
- Architectural Style: Row House
- Heating: Forced Air
- Cooling: Central Air
- List Price: $1,600,000
- Annual Tax Amount: $26,116
- Tax Year: 2024
- MLS Number: 250007199
- MLS Name: HudsonCountyNJ
- Office Name: LIBERTY REALTY LLC
- Office Phone: (201) 222-2900
The 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: 7/15/2025, 6:45:32 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Feb 16, 2006 | Home Sold | $300,000 |
| May 17, 1996 | Home Sold | $13,000 |
| Feb 05, 1990 | Home Sold | $152,500 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2024 | $1,162,300 | $26,116 |
| 2022 | $1,162,300 | $18,643 |
| 2021 | $1,162,300 | $18,643 |
| 2020 | $1,162,300 | $17,899 |
| 2019 | $1,162,300 | $16,165 |
History based on county public records data.
Nearby schools
6
Thomas a Edison Elementary School
Public District PK-6
0.5 mi
•507 West St
6
Wallace Elementary School
Public District KG-5
0.5 mi
•1100 Willow Ave
7
Joseph F Brandt Elementary School
Public District KG-5
0.6 mi
•215 9th 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 $41,853. The most common annual income of people living in Jersey City, NJ is less than $<35k. Residents typically live in single, no kids family. The majority of residents in this area have high school diploma education.
How much money do the neighbors make?
43%
<35k
33%
35k-100k
19%
100k-200k
5%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
What types of families live nearby?
56%
Single, No Kids
7%
Single, with Kids
23%
Married, No Kids
14%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
11%
<11 yrs old
3%
12-17 yrs old
41%
18-34 yrs old
37%
35-64 yrs old
8%
65+ yrs old
What do the neighbors do for fun?
Music Concerts
Tennis
Major League Soccer (MLS)
Where do the neighbors shop?
H&M
Crate & Barrel
Banana Republic
Where do the neighbors go to eat?
Chipotle
Starbucks
Jack In The Box
What do the neighbors drive?
Volkswagen
BMW
Toyota
What do the neighbors listen to?
Rhythmic Contemporary Hits
News
Jazz
All data provided by Home Junction and Claritas
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Frequently asked questions
About 612 Palisade Ave
The listing price of 612 Palisade Ave property is $1,600,000.
The property 612 Palisade Ave is a multi located in Jersey City, New Jersey, 07307.
Active Listing: 612 Palisade Ave is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 612 Palisade Ave are: Thomas a Edison Elementary School (GreatSchools Rating 6/10), Wallace Elementary School (GreatSchools Rating 6/10), Joseph F Brandt Elementary School (GreatSchools Rating 7/10), Christa McAuliffe School (GreatSchools Rating 6/10), Alfred E. Zampella School (GreatSchools Rating 6/10), Jersey City Global Charter School (GreatSchools Rating 7/10), Hoboken High School (GreatSchools Rating 4/10), Hoboken Charter School (GreatSchools Rating 6/10), Jose Marti STEM Academy (GreatSchools Rating 8/10).
According to the records, the last property tax for 2024 is $26,116 (source: MLS/based on county public records data).
The last sale was on February 16, 2006 for $300,000 (source: MLS/tax record).
This home is located at 612 Palisade Ave in Jersey City, NJ and zip code 07307 in the The Heights neighborhood. Features: 6 bedrooms, 5 bathrooms. It has been listed on Rocket Homes since April 12, 2025 and is currently priced at $1,600,000.
In June 2025, from all listings sold in Jersey City, NJ there were more than 32 sold above asking price, over 50 sold below and more than 19 were sold right at the asked price. The inventory of homes for sale in Jersey City, NJ between May and June 2025 increased by 11.9%. In June 2025 median list price was $715,000 and the average listing age was 34 days.
From Rocket Homes Real Estate and based on county public records data.