2615 Palisade Ave
Listing Notes
Welcome to 2615 Palisade Avenue, a rare corner 4-family property offering exceptional scale, flexibility, and upside in the heart of Union City. With seven bedrooms, five bathrooms, and parking for three vehicles, this property presents a compelling opportunity for investors, owner-occupants, or buyers looking to renovate and reposition a versatile asset. The building spans multiple levels and benefits from excellent natural light due to its corner exposure. The existing layout allows for continued use as a four-family, or the potential to convert to a three-family or single-family residence, offering flexibility to meet a variety of ownership or investment goals (buyer to perform due diligence). Located just minutes from the Lincoln Tunnel, the property offers convenient access to Manhattan via nearby bus routes and major roadways. The surrounding Palisade Avenue and Bergenline Avenue corridors feature a wide selection of shops, cafes, restaurants, and everyday conveniences, contributing to strong rental and resale demand. With its corner positioning, multi-unit configuration, three-car parking, and redevelopment potential, 2615 Palisade Avenue stands out as a rare opportunity in one of Union City's most accessible and well-connected neighborhoods.
Comps
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Mortgage Calculator
Excludes property tax, property insurance, and hoa / fees — not in this listing, so the true monthly cost is higher.
- Due at close
- $221,250
- Loan amount
- $562,500
- Loan to value
- 75%
- Principal & interestLoan scenario$3,761
- Property taxNot in listing dataNot provided
- Property insuranceNot in listing dataNot provided
- HOA / feesNot in listing dataNot provided
- Mortgage insuranceLoan scenario$0
Multifamily defaults use a larger down payment. Taxes, insurance, rent, reserves, and DSCR are not invented.
Only the listing price is sourced for this property. Missing tax, insurance, and HOA/maintenance costs are not guessed.
Where it is
For sale Coming soon Recently sold— zoom out for more