Commercial space For Sale in Weehawken, NJ
 

MLS# : 250001356

Street : 2400 PALISADE AVE
Price : $1,099,000
Town : Weehawken, NJ 07086
Annual Taxes : $14,000

PROPERTY DETAILS

PROPERTY DESCRIPTION

OPEN HOUSE SATURDAY 01/25 FROM 12-2 PM. Location, Location, Location! An incredible opportunity awaits at this rarely available 5-family corner building with a 2-car garage, situated in the heart of highly desirable Weehawken. This property is perfectly positioned for commuters and investors alike, offering unparalleled convenience and accessibility. The bus stop, located right at the doorstep, provides direct access to NYC via NJT Bus 123 and more! Additionally, it’s just a short distance to the Lincoln Tunnel and benefits from the free Weehawken Resident Shuttle to the Light Rail and Ferry. Outdoor enthusiasts will love the proximity to parks and the scenic Weehawken Reservoir. Whether you’re seeking a smart 1031 exchange investment or a property to occupy while generating rental income, this building checks all the boxes. Taxes and Sq Footage, etc. per NJ Tax Records and should be independently verified. Opportunities like this are rare and highly sought after—don’t miss out on this exceptional investment in one of New Jersey’s most coveted neighborhoods!

Amenities

This listing is a courtesy of HUDSON DIGS REALTY LLC
201-737-9999 office, listing agent JAMES J MCCARTEN

MADISON ADAMSTM

office: 201-760-1100
84 E Ridgewood Ave, Suite 201
Ridgewood, NJ 07450
201-760-1100 (office)
201-760-1102 (fax)

Contact Info

FOR APPOINTMENTS CONTACT


Managing Partner
Broker Associate
646-279-8233 (cell)

Madisom Adams Broker Associate Helena Lobo-Zagorski


About Weehawken, NJ Real Estate Market

A part of the New York Metropolitan area, Weehawken is located in the northern part of Hudson County in New Jersey state. It is situated on the Hudson Palisades, alongside the western shore of the Hudson River, and has a population of more than 17,000. The township of Weehawken is spread over 1.48 square miles in area and is surrounded by Hoboken, West New York and Union City.

The inspiration behind the name of the township of Weehawken evolved from the Algonquian language Lenape, which is interpreted as ‘Maize Land’ and ‘Rocks that look like trees’, with the latter indicating the Hudson Palisades.

Weehawken got established as a township in 1859 by an act of the New Jersey Legislature, including the portions of North Bergen and Hoboken. However, the actual development in the township began at the beginning of the 20th century, when many residential areas and New Jersey houses replaced the older hotels, estates and theatres. The arrival of European inhabitants further resulted in the development of real estate in this part of Hudson County. In the 20th century, Weehawken became a hub for embroidery factories while remaining a residential township to a large extent.
Population:  15,125
Total Housing Units:  6,804
Single Family Homes:  1,959
Apartments:  4,845
General Tax Rate (2023):  1.676%
Effective Tax Rate (2023):  1.802%
Compare To Other Towns

Weehawken Market Indicators

PRICE INDEX

Average Price* (12mo):  $1,065,326
Homes Sold* (12mo):  7
PRICE INDEX
SINGLE FAMILY HOME SALES

Weehawken, NJ
12 Month Moving Average


1 YR 2 YR 3 YR 5 YR 7 YR MAX
 

Download Full Home Sales Report

PRICE INDEX

Average Price* (12mo):  $859,036
Apatments Sold* (12mo):  65
PRICE INDEX
APARTMENT SALES

Weehawken, NJ
12 Month Moving Average


1 YR 2 YR 3 YR 5 YR 7 YR MAX

 

Download Full Apartment Sales Report

REAL ESTATE TAXES

General Tax Rate (2023):  1.676%
Effective Tax Rate (2023):  1.802%
GENRAL TAX RATE - Weehawken, NJ



Similar Listings in Weehawken

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 Madison Adams 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.
NJMLS is the owner of the copyrights of the listing content displayed for IDX. The NJMLS Internet Data Exchange Logo is a service mark owned by the NJMLS, Inc. All information deemed reliable but not guaranteed. Last date updated: 01/22/2025 00:05 AM Source: New Jersey Multiple Listing Service, Inc. “©2025 New Jersey Multiple Listing Service, Inc. All rights reserved.”


General Tax Rate is used to determine the amount of real estate tax levied upon a particular property. This rate is used to compute the tax bill.

Effective Tax Rate is used to compare of one district to another district based on the assumption that all districts are at 100% valuation. This rate has been computed by the State of New Jersey Department of the Treasury using County Equalization Average Ratios. This rate is NOT to be used to compute the tax bill.

Data Source: US Census 2010, NJ MLS, State of New Jersey Department of the Treasury

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