612 Palisade Ave

Description

Dont 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!