$999,000 333 Palisade Ave Jersey City, NJ

MLS: 170003148   Type: Investment   County: Hudson   City: Jersey City   Area: Heights   Zip: 07307     Stories: 3   Taxes: $10,011

Mortgage $4,690 /mo



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BACK ON THE MARKET!! LOCATION!! LOCATION!! LOCATION!! This property went under contract in 4 days! It is with Great Pleasure that The Gallardo Real Estate Group announces this Investment property is back on the Market as of 7/8/17. This property features two separate commercial spaces and 4 Apartment Units Featuring 2 Bedrooms/1Bath. Investors building an investment portfolio in Jersey City Heights should look at this property. The Fourth Choc-O-Pain French Bakery and Cafe is coming soon right in front of this property. enough said! Bring all your Investor Clients. This Mixed Use Property will not last. The 4 apartment Units feature 2 Bedrooms railroad style each with separate utilities located in each apartment. The 2 Commercial Units on the main floor are currently rented, by a restaurant and a small Import/Export business. This Property is located a block from Ogden and a block from New York Ave. LOCATION, LOCATION, LOCATION!!!!! Everyone’s favorite French bakery, Choc•O•Pain Bakery and Café, has announced a fourth Hudson County location planned for the Heights section of Jersey City. The new location, at 330-332 Palisade Avenue, will span 3,900 square foot and house a commissary bakery, café and retail boutique. Owner Clemence Danko explains, “Due to the exciting, rapid growth we’ve experienced since opening the first Choc•O•Pain in Hoboken in 2012, we found ourselves in need of a central location where we can produce our daily, fresh baked breads, pastries and café items to supply our own locations as well as support the growing demand from area businesses to carry our products.” The newest location will be their third in Jersey City and second in the Heights. Earlier this year, they opened a location at 942 Summit Avenue in a shared space with Bloomsbury Square. Designed by Hoboken-based Lee Levine Architects, PC, the forthcoming Palisade location will evoke the same Parisian neighborhood café feel as the existing Hoboken and Jersey City locations. However, with a larger footprint at the new location, they plan to pair the café with a 600 square foot retail boutique, selling a curated list of French specialty food items such as artisanal chocolates, macarons, candies and Alain Milliat jams. If all goes as planned, they hope to have the new location opened late this year.

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Price History

3/1/2017 Listed $999,000


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Property vs Zip Code Avg (07307)

Price 999K Avg 1.37M

Taxes $10,011 Avg $10,249

Visits 13 Avg 41

Days on Site 175 Avg 114

Walkscore® 92 Avg 92

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Listing Provided Courtesy Of: WEICHERT REALTORS - 201-333-4443

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Location & Address

Pure Properties
200 Hudson St. Suite 1000
Jersey City, NJ