342 Palisade Ave, Cliffside Park, NJ 07010

This all-brick, 8-unit multi-family building located at 342 Palisade Ave in Cliffside Park, NJ, presents a significant investment opportunity. Constructed in 1924, the property combines durable construction with demonstrated financial performance and potential for increased revenue. The building is situated on a 5,001 square foot lot in Bergen County.

The ground floor of this property offers versatile space that could be converted into commercial storefronts, providing a clear path to enhance gross yields and overall property value. This mixed-use potential adds a strategic advantage for investors seeking to maximize returns. The building features gas heat and hot water, with a newly installed boiler ensuring efficient and reliable mechanical systems.

Major capital expenditures have been addressed with a new roof installed in April 2025, minimizing immediate concerns for a new owner. The property includes a full, clean basement that is ready for potential rental income or additional storage solutions. This comprehensive offering makes the building a robust addition to any investment portfolio.

Further enhancing the property's appeal are the 7 to 8 rented off-street parking spaces, a valuable amenity in the area. The building is classified as a residential income property with a multi-family (5+ unit) style. This turnkey property is well-positioned for continued success and growth.