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33174306
33174307

2 Locations

DF
NJ 1974915
Matthews
KA
NJ 2440903
Matthews
Listed by Matthews
$1,995,000
38 days on market
Updated 7 days ago

3300 Palisade Avenue

Details
Property Type Mixed Use
Square Footage 11,550
Units 7
Cap Rate 6.89%
NOI $137,545
Occupancy 100%
Price per SqFt $172
Ground Lease No

Prime Mixed-Use Investment: 6.89% Cap Rate Near Manhattan

Investment highlights

• 7 Units

• 6.89% Cap Rate

• 100% Occupancy & Collections

• 3 Commercial Units

• 4 Residential Units

• 9 Car Parking Lot

• 10 foot wide easement agreement with the Port Authority

• Tenants pay for heat, hot water, cooking gas, & electric

• Landlord pays for water/sewer & common area electric

• The building is approximately a 3-minute walk to the 30th St at Palisade Ave bus stop which provides a 10-minute trip into Midtown Manhattan

• The building is also a 5-minute walk to the Bergenline Avenue Station with access to NYC

• The property is located ±1.9 miles from the Lincoln Harbor Ferry Station which offers a direct route to the city

• 10-15 minutes to NYC and minutes from Hoboken & Historic Downtown Jersey City

• Union City is the most densely populated city in the United States

• Easy access to Garden State Parkway, I-95,I-78, Route 1 & 9 and more

Listing Contacts

DF
NJ 1974915
Matthews
KA
NJ 2440903
Matthews
Listed by Matthews

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Loan Amount
$0.00
Annual Debt Service
$--
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Annual Cash Flow
$137,545.00
$11,462.08/mo

Valuation Metrics

0
DSCR
6.89%
Cap Rate
6.89%
ROI

Map

Zoning

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R ResidentialTwo FamilyLow Density Residential
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View all 16 uses
View all 16 uses
Last updated Feb 3, 2026 For deeper zoning details, reports are available at Zoneomics

Broker Selected Comps View More Comps

Property History

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Tax History

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Additional Information

Name
Patrick Forde
License
122887, 2330333 (NJ)
Brokerage
Matthews Real Estate Investment Services, Inc
Title
Broker of Record
Brokerage Address
300 Frank W Burr Blvd, Suite 440 Teaneck, NJ 07666
Name
David Ferber
License
1974915
Name
Kendra Antoine
License
2440903
Brokerage
Matthews Real Estate Investment Services
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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