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.
Property Details
Property Features
Listing Office:
Office Name: EXP REALTY LLC
Office Phone: (866) 201-6210
Price Information
Listing Price Info
Price Summary:
List Price: $4,500,000
Tax Information:
Annual Amount: $14,767
Tax Year: 2020
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Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
7
/10
Jotham W. Wakeman School
100 Saint Pauls Ave
Distance between this listing and this school0.31 miles
Public District Grades PK-5
3
/10
Patricia M. Noonan Elementary School
164 Laidlaw Ave
Distance between this listing and this school0.41 miles
Public District Grades PK-5
5
/10
Charles E. Trefurt Elementary School
96 Franklin St
Distance between this listing and this school0.43 miles
Public District Grades PK-5
Nearby Schools
3
/10
Franklin L. Williams School
222 Laidlaw Ave
Distance between this listing and this school0.60 miles
Public District Grades 6-8
7
/10
Hoboken Dual Language Charter School
123 Jefferson St
Distance between this listing and this school0.63 miles
Public Charter Grades KG-8
5
/10
Rafael Cordero y Molina School
158 Erie St
Distance between this listing and this school0.66 miles
Public District Grades PK-8
Nearby Schools
2
/10
William L. Dickinson High School
2 Palisade Ave
Distance between this listing and this school0.52 miles
Public District Grades 9-12
10
/10
Dr Ronald Mcnair High School
123 Coles St
Distance between this listing and this school0.68 miles
Public District Grades 9-12
2
/10
James J. Ferris High School
35 Colgate St
Distance between this listing and this school1.05 miles
The neighbors living near this home have an average income of $51,354. The majority of Jersey City, NJ residents have income between $35k-100k annually. Most families are single, no kids. Residents of this area typically have post secondary degree education.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 216 Palisade Ave
What is the listing price of this property?
The listing price of 216 Palisade Ave property is $4,500,000.
What type of property is this?
The property 216 Palisade Ave is land located in Jersey City, New Jersey, 07306.
Is this property for sale now?
Active Listing: 216 Palisade Ave is For Sale (Active/New) which means the seller is accepting offers.
What is the annual property tax for this property?
According to the records, the last property tax for 2020 is $14,767 (source: MLS/based on county public records data).
When was this property sold last time and for how much?
The last sale was on November 19, 2018 for $1,400,000. (source: MLS/tax record).
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This home is located at 216 Palisade Ave in Jersey City, NJ and zip code 07306 in the The Heights neighborhood. It has been listed on Rocket Homes since November 12, 2024 and is currently priced at $4,500,000.
Over 30 listings were sold over their listed price in November 2024 in Jersey City, NJ. In the same period over 73 listings were sold below the listed price and 14 listings were sold for the listed price. The number of homes for sale in Jersey City, NJ increased by 1.3% between October 2024 and November 2024. In November 2024, listings were on the market for 38 days. During the same period, the median list price in this real estate market was $715,000.
From Rocket Homes Real Estate and based on county public records data.
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 © 2024 Realty Multiple Listing System, Inc. Incorporated in 1952 (aka RMLS, Hudson County MLS). All rights reserved.
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