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1001-03 Palisade Ave, Union City, NJ, 07087

5beds
5baths
4,400sqft
$1,750,000
$398price/sqft
$12,525/moest. monthly cost
$501,000/yrincome needed

About This Home

Development Opportunity GREAT Investment MEDICAL OFFICE + Income From Three 3 Units Can Be Delivered Vacant 50X100 Lot 2 Garages 2 Car Parking + Room To Expand NY + Jersey City Financial District Views

Getting Around

93
WalkingWalker's Paradise
75
TransitExcellent Transit
37
BikeSomewhat Bikeable

Schools

8/10
Sara M. Gilmore AcademyGrades 1-80.6 mi
8/10
Jose Marti STEM AcademyGrades 9-120.6 mi

Construction

Condition

  • Year built: 1940

Materials

  • Roof: Asphalt

Type & Style

  • Home type: MultiFamily

Interior

Appliances

  • Appliances included: Dishwasher,Dryer,Microwave,Range / Oven,Refrigerator,Washer

Basement

  • Basement: Finished

Bedrooms & Bathrooms

  • Bedrooms: 5
  • Bathrooms: 5
  • Full bathrooms: 4
  • 3/4 bathrooms: 1

Features

  • Flooring: Tile,Hardwood,Laminate

Heating & Cooling

  • Heating features: Other,Gas
  • Cooling features: Central

Interior Area

  • Total interior livable area: 4,400 sqft

Property

Details

  • Parcel number: 1000050000000001

Features

  • Exterior features: Other,Metal
  • Has view: Yes
  • View description: Park,Territorial,Water,City
  • Has water view: Yes
  • Water view: Water

Lot

  • Lot size: 5,000 sqft

Parking

  • Total spaces: 4
  • Parking features: Garage - Detached,Off-street

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Cold Wave
    Cold WaveModerate
  • Heat Wave
    Heat WaveModerate
  • Strong Wind
    Strong WindModerate
  • Winter Weather
    Winter WeatherModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Cold Wave
Heat Wave
Strong Wind
Winter Weather
Tsunami

FEMA Declared Disasters Across New Jersey Counties

Fire
Severe Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $8,848$106,176
Home Insurance *$674$8,088
Property Taxes $2,518$30,216
Electricity $485$5,820
Total$12,525$150,300
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$429,428/yr
40% on housing$375,750/yr
45% on housing$334,000/yr

New Jersey FAIR Plan Programs

New Jersey Insurance Underwriting Association

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 7,029Commercial: 173
Total Premiums$5.54M
Total Exposure$1.19B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 9.6%
9.6%
0%30.0%
Electricity Growth Rate10-year average: 7.1%
7.1%
0%15.0%
Property Taxes Growth Rate2-year average: -1.5%
-1.5%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$398This listing

vs Other Active Listings

Avg $/sqft

ZIP 07087$421
Hudson County$473

vs Homes Sold Last Month

Median $/sqft

ZIP 07087$387
Hudson County$411

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

No zestimate history available

Price History

DateEventPrice
2026-03-08Listed for sale$1,750,000
2025-12-27Listing removed--
2025-09-22Listed for sale$1,700,000
2023-05-16Listing removed--
2023-02-15Listed for sale$1,400,000
2022-12-18Listing removed--
2022-09-19Listed for sale$1,500,000
2022-07-17Listing removed--
2022-01-05Listed for sale$1,500,000
2021-12-23Pending sale$1,500,000
2021-11-16Listed for sale$1,300,000
1994-07-21Sold$100,000

For Sale by Owner

AgentProperty Owner

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