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Multi-Family

Jersey City Heights Development

216 Palisade Ave, Jersey City, NJ 07306

Listing Price: $4,000,000

Lot Size
0.15 acres
Price/Acre
$26,666,667
Land Type
Land

Investment Overview

Marcus & Millichap is pleased to exclusively present 216 Palisade Avenue, Jersey City, Hudson County, New Jersey.

Investment Highlights

  • Fully Approved 10-Story, 51-Unit Age-restricted (62+) Multifamily Development Site In The Heights Section Of Jersey City, Hudson County, New Jersey
  • Rare Shovel-ready Development Opportunity in One of the Most Supply-Constrained and Institutionally Favored Multifamily Markets in the Northeast
  • Approved For 35,657 Rentable Square Feet With an Efficient 699 SF Average Unit Size Across 51 Residential Units

Exclusively Listed By

Multi-Family

Jersey City Heights Development

Listing Price: $4,000,000

Lot Size
0.15 acres
Price/Acre
$26,666,667
Land Type
Land

Investment Highlights

  • Fully Approved 10-Story, 51-Unit Age-restricted (62+) Multifamily Development Site In The Heights Section Of Jersey City, Hudson County, New Jersey
  • Rare Shovel-ready Development Opportunity in One of the Most Supply-Constrained and Institutionally Favored Multifamily Markets in the Northeast
  • Approved For 35,657 Rentable Square Feet With an Efficient 699 SF Average Unit Size Across 51 Residential Units

Investment Overview

Marcus & Millichap is pleased to exclusively present 216 Palisade Avenue, Jersey City, Hudson County, New Jersey.

Exclusively Listed By

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