Sold for $875,000

$875,000

391 Palisade Ave #503, Jersey City, NJ 07307

2beds

1,222sqft

Condominium

Built in ----

-- sqft lot

$903,400 Zestimate^®

$716/sqft

$3,337 Estimated rent

Home value

$903,400

$849,000 - $958,000

$3,337/mo

Zestimate^® history

Owner options

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$3,337/mo

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$3,337/mo

Rent Zestimate^®

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$6,413/mo

Est. payment

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$6,413/mo

Est. payment

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What's special

This impressive two-bedroom, two-bathroom layout offers spectacular views of The Greatest City in the World and the added convenience of dedicated parking. Designed with sophistication and elegance, the residence features timeless selections with a touch of European flair: Bertazzoni appliances, porcelain slab countertops, imported porcelain tile, Mittel Cucine cabinets from Italy, and Kohler fixtures. The unit also boasts a private outdoor space with stunning NYC views, providing a perfect blend of luxury and convenience in this modern masterpiece. Unit 503 is a proud part of Gallery Lofts, a building less than five years old, constructed with steel and concrete, and located in the blossoming Jersey City Heights

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 2
Bathrooms: 2
Full bathrooms: 2

Heating

Natural Gas

Cooling

Central Air

Appliances

Included: Dishwasher, Microwave, Refrigerator, Washer/Dryer, Gas Oven

Features

Terrace
Flooring: Hardwood

Interior area

Total structure area: 1,222
Total interior livable area: 1,222 sqft

Property

Parking

Parking features: 1 Car, Covered, Garage
Has garage: Yes

Details

Parcel number: 060390100000002401C0503

Construction

Type & style

Home type: Condo
Architectural style: Multi Level
Property subtype: Condominium

Materials

See Remarks

Community & HOA

Community

Features: Elevator

HOA

HOA fee: $530 monthly

Location

Region: Jersey City

Financial & listing details

Price per square foot: $716/sqft
Tax assessed value: $476,900
Annual tax amount: $10,100
Date on market: 4/28/2025

Price history

Date	Event	Price
8/22/2024	Listing removed	$3,695$3/sqft
Source: Zillow Rentals Report a problem
8/16/2024	Listed for rent	$3,695$3/sqft
Source: Zillow Rentals Report a problem
7/29/2024	Sold	$875,000-2.7%$716/sqft
Source: HCMLS #240009906 Report a problem
5/30/2024	Price change	$899,000-5.4%$736/sqft
Source: HCMLS #240009906 Report a problem
5/23/2024	Listed for sale	$950,000+29.3%$777/sqft
Source: HCMLS #240009906 Report a problem
1/27/2020	Sold	$735,000$601/sqft
Source: HCMLS #202001741 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$10,649	$476,900
2024	$10,649 -0.6%	$476,900 -26.2%
2023	$10,716 +40.1%	$646,100
2022	$7,649	$646,100 +35.5%
2021	$7,649 +430.1%	$476,900 +127%
2020	$1,443	$210,100