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$1,995,000
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Property Description
Incredible investment opportunity in one of Jersey City Heights' most sought-after neighborhoods! This well-maintained 6-family property features five (5) one-bedroom units plus a stunning three-bedroom, one-bathroom duplex ADU in the rear - a diverse unit mix designed to maximize rental income. The duplex ADU is a true standout, offering modern finishes throughout, a kitchen island with barstool seating, pullout kitchen sink hose, combo washer/dryer, and wall-mounted heating and cooling units. With east and west sun exposures, the unit stays bright and inviting all day long - a feature tenants will love. Located on the desirable east side of Jersey City Heights, this property is a commuter's dream. NYC-bound bus service is steps away with a direct ride to Port Authority in just 30 minutes, and the 2nd Street Light Rail Station is only a 10-minute walk. Just one block from Riverview-Fisk Park, tenants enjoy iconic NYC skyline views from the observation deck and a weekly Sunday farmers' market starting every May. Strong transit access, a thriving neighborhood, and a versatile unit mix make this a must-see for any investor. Schedule your showing today!
Full Property Details
Full Property Details for 386 Palisade Ave
General
- Price: $1,995,000
- Status: Active
- Type: Commercial
- Source: Liberty_Board_Hudson_County_Hudson_MLS
- MLS ID: 260008990
- Updated: 5/12/2026
- Added to Site: 9 day(s) ago
Location
- County: Hudson
- Location Details: Franklin St & Griffith St
Structural Information
- Construction: Brick
- Stories in Building: 3
- # of Stores: 3
Lot Features
- Lot Size: 25x100
- Lot Dimensions: 25 x 100
Financial Considerations
- For Sale/Rent/Lease: For Sale
Disclosures and Reports
- Lead Paint Discl.: Yes
Listed by Serhant New Jersey Llc (973) 315-5959
Get Pre-Approved Today
Schools
Schools serving 386 Palisade Ave
School District:Jersey City School District
| Name | Grades | Distance |
|---|---|---|
Charles E. Trefurt School 96 Franklin Street, Jersey City, NJ 07307 | PK-5 | 0.2 mi |
Franklin L Williams Ms No7 222 Laidlaw Avenue, Jersey City, NJ 07306 | 6-8 | 0.7 mi |
William L. Dickinson High School 2 Palisade Avenue, Jersey City, NJ 07306 | 9-12 | 0.9 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 386 Palisade Ave
Date
Details
Price
Change
Source
5/12/2026
Listed
$1,995,000
69.79%
MLS
6/17/2024
Sold
$1,175,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 386 Palisade Ave
Year
Property Taxes
Change
Tax Assessment
Change
2024
$18,793
5%
$841,600
—
2022
$17,825
32%
$841,600
—
2021
$13,499
32%
$841,600
—
2021
$10,204
-21%
$841,600
—
2019
$12,961
817%
$841,600
786%
2018
$1,414
-81%
$95,000
—
2017
$7,410
1%
$95,000
—
2016
$7,316
3%
$95,000
—
2015
$7,108
1%
$95,000
—
2014
$7,062
—
$95,000
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 386 Palisade Ave
386 Palisade Ave, Jersey City, NJ 07307 (MLS# 260008990) is a Commercial property. 386 Palisade Ave is currently listed for $1,995,000 and was received on May 12, 2026. Want to learn more about 386 Palisade Ave? Do you have questions about finding other Commercial real estate for sale in Heights? You can browse all Heights real estate or contact a Coldwell Banker agent to request more information.

