342 Palisade Ave, Cliffside Park, NJ 07010
- $1,500,000
- List Price
- $1,500,000
- Status
- ACTIVE
- Days on Market
- 1
- MLS#
- 26031407
- Subtype
- 5+ Mixed Use
- Neighborhood
- 200
Property Description
Fantastic investment opportunity! This all-brick, 8-unit multi-family building combines solid construction with strong current financial performance and significant upside potential. The ground floor offers flexible space with potential conversion into commercial storefronts, providing an incredible value-add path to boost gross yields. Featuring gas heat and hot water with a newly installed boiler, new roof installed in April 2025, major capital expenditure concerns are minimized from day one. Full clean basement, ready to be rented out or used for storage. Complete with rented 7 to 8 off-street parking spaces, this turnkey property is a standout addition to any portfolio. Property Type: All-Brick Multi-Family (8 Units). Parking: Rented 7–8 off-street parking spots. Mechanicals: Gas heat & hot water; brand-new boiler newly installed.
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Additional Information
- Roof
- Asphalt, Flat
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Listing courtesy of Listing Agent: Avedis Derbalian () from Listing Office: RE/MAX Signature Homes.
The data relating to the real estate for sale on this web site comes in part from the Internet Data Exchange Program of the NJMLS. Real estate listings held by brokerage firms other than Ridge & Valley RE Corp. are marked with the Internet Data Exchange logo and information about them includes the name of the listing brokers. Some properties listed with the participating brokers do not appear on this website at the request of the seller. Listings of brokers that do not participate in Internet Data Exchange do not appear on this website.
All information deemed reliable but not guaranteed. Last date updated: .
Source: New Jersey Multiple Listing Service, Inc.
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