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Sold for $1,225,000
    • $1,225,000

    515 Palisade Ave, Jersey City, NJ 07307

    7beds
    --sqft
    MultiFamily
    Built in ----
    -- sqft lot
    $1,439,100 Zestimate®
    $--/sqft
    $3,377 Estimated rent

    Home value

    $1,439,100

    $1.31M - $1.61M

    $3,377/mo

    Zestimate® history
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    $3,377/mo

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    Rent Zestimate®

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    $8,339/mo

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    $8,339/mo

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    What's special

    Back on the Market Rare 4 family brick building located on an outstanding block the heart of Jersey City’s River View Arts District. NO RENT CONTROL!!!! Strong income producer with significant upside that can be achieved with renovations. Surrounded by high end new construction residential buildings - both rental and condos - don't hesitate to take advantage of this fast maturing market.

    Zillow last checked:

    Listing updated:

    Listed by:

    JESSE S TOLEDANO 201-975-3887,

    MODERN SPACES NJ LLC 201-975-3886

    Bought with:

    NEW JERSEY PREEMINENT PROPERTIES LLC

    Source: HCMLS,MLS#: 230018533

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 7
    • Bathrooms: 4
    • Full bathrooms: 4
    Heating
    • Radiators, Natural Gas
    Features
    • Basement: Full,Unfinished,Walk-Out Access

    Property

    Parking
    • Parking features: None
    Details
    • Parcel number: 0602305000000042

    Construction

    Type & style
    • Home type: MultiFamily
    • Architectural style: Row House,Multi Level
    Materials
    • Brick

    Community & HOA

    Location
    • Region: Jersey City

    Financial & listing details

    • Tax assessed value: $788,600
    • Annual tax amount: $16,702
    • Date on market: 4/28/2025
    • Inclusions: Appliances and Fixtures
    • Exclusions: Tenants' Possessions

    Price history

    DateEventPrice
    10/5/2024Listing removed$2,600
    Source: Zillow Rentals Report a problem
    9/29/2024Price change$2,600-5.5%
    Source: Zillow Rentals Report a problem
    9/20/2024Listed for rent$2,750
    Source: Zillow Rentals Report a problem
    9/13/2024Listing removed$2,750
    Source: Zillow Rentals Report a problem
    8/1/2024Listed for rent$2,750+14.6%
    Source: Zillow Rentals Report a problem
    1/19/2024Sold$1,225,000-9.9%
    Source: HCMLS #230018533 Report a problem
    11/3/2023Listed for sale$1,360,000-6.2%
    Source: HCMLS #230018533 Report a problem
    10/18/2023Listing removed--
    Source: HCMLS #230017123 Report a problem
    10/12/2023Listed for rent$2,400
    Source: HCMLS #230017123 Report a problem
    8/27/2023Listing removed--
    Source: HCMLS #230008632 Report a problem
    5/25/2023Listed for sale$1,450,000+26.1%
    Source: HCMLS #230008632 Report a problem
    8/22/2022Listing removed--
    Source: Zillow Rental Network_1 Report a problem
    8/18/2022Price change$2,400+6.7%
    Source: Zillow Rental Network_1 #220014892 Report a problem
    8/16/2022Listed for rent$2,250+28.6%
    Source: Zillow Rental Network_1 #220014892 Report a problem
    2/13/2019Listing removed$1,750
    Source: Coldwell Banker Residential Brokerage - Jersey City Office #190001049 Report a problem
    1/6/2019Price change$1,750-2.8%
    Source: Coldwell Banker Residential Brokerage - Jersey City Office #180021847 Report a problem
    12/20/2018Price change$1,800-2.7%
    Source: Coldwell Banker Residential Brokerage - Jersey City Office #180021847 Report a problem
    11/19/2018Sold$1,150,000-2.1%
    Source: Public Record Report a problem
    11/16/2018Listed for rent$1,850
    Source: COLDWELL BANKER RESIDENTIAL BROKERAGE #180021847 Report a problem
    11/3/2017Listing removed$1,175,000
    Source: Jersey City #170018690 Report a problem
    10/27/2017Price change$1,175,000-6%
    Source: Jersey City #170018690 Report a problem
    10/9/2017Listed for sale$1,250,000+987%
    Source: KELLER WILLIAMS CITY LIFE JC REALTY #170017451 Report a problem
    8/13/1998Sold$115,000
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$17,609 $788,600
    2024$17,609 -0.6%$788,600
    2023$17,720 +40.1%$788,600
    2022$12,649 $788,600
    2021$12,649 +4.2%$788,600
    2020$12,144 +3.5%$788,600
    2019$11,734 +36.8%$788,600
    2018$8,580 +1.3%$788,600 +616.9%
    2017$8,471 +2.9%$110,000
    2016$8,230 +0.6%$110,000
    2015$8,177 -8.7%$110,000 -8.3%
    2014$8,959 +6.5%$120,000
    2012$8,410 $120,000
    Find assessor info on the county website

    Neighborhood: The Heights

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    Estimated market value
    $1,439,100
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $1,439,100

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