MIXED-USE corner building(5 apt and retail) 2414 Palisade Ave 4,623 SF 100% Leased Retail Building Weehawken, NJ 07086 $3,181,613 CAD ($688.21 CAD/SF) 4.26% Cap Rate



INVESTMENT HIGHLIGHTS
- Mixed-use corner building which includes three 2BR, two 1BR, and one retail space (Dry Cleaners-No dry cleaning machine-zero environmental issues)
- Every tenants pay heat,gas and electricity( separate meter) This fully brick building is located less than 125 ft from NJ Transit Buses.
EXECUTIVE SUMMARY
Amazing opportunity for any investor. Extremely well kept mixed-use corner building which includes three 2BR, two 1BR, and one retail space (Dry Cleaners-No dry cleaning machine-zero environmental issues) with full basement. Every tenants pay heat,gas and electricity( separate meter) This fully brick building is located less than 125 ft from NJ Transit Buses and is in a highly walkable area. Ellsworth Park, grocery, retail, transportation, is all close by. Don't miss your chance for stability.
FINANCIAL SUMMARY (ACTUAL - 2024) |
ANNUAL (CAD) | ANNUAL PER SF (CAD) |
---|---|---|
Gross Rental Income |
$169,135
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$36.59
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Other Income |
-
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-
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Vacancy Loss |
-
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-
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Effective Gross Income |
$169,135
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$36.59
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Taxes |
-
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-
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Operating Expenses |
-
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-
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Total Expenses |
$33,495
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$7.25
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Net Operating Income |
$135,641
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$29.34
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PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
4,623 SF
Building Class
C
Year Built
1910
Price
$3,181,613 CAD
Price Per SF
$688.21 CAD
Cap Rate
4.26%
NOI
$135,559 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
3 Stories
Building FAR
1.77
Lot Size
0.06 AC
Zoning
R-3
Frontage
27’ on Palisade Ave
AMENITIES
- Bus Line
- Signage
MAJOR TENANTS
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE END
- Erol & Dilan Realty, LLC
- -
- -
- -
- -
- VIP Cleaners
- Services
- -
- -
- -
TENANT | INDUSTRY | SF OCCUPIED | RENT/SF | LEASE END | ||
Erol & Dilan Realty, LLC | - | - | - | - | ||
VIP Cleaners | Services | - | - | - |
Walk Score®
Walker's Paradise (94)
NEARBY MAJOR RETAILERS










PROPERTY TAXES
Parcel Number | 11-00021-0000-00008 | Improvements Assessment | $801,827 CAD |
Land Assessment | $311,429 CAD | Total Assessment | $1,113,256 CAD |