545 Palisade Ave, Jersey City
Other · Block 2305, Lot 29.
Building permits
- Alteration, issued Jul 31, 2024, estimated cost $130K, described as “Furnish and install one passenger Traction Elevator Manufacturer: Schindler Elevator Corp Model: 3300”
- Alteration, issued Mar 21, 2024, estimated cost $50K, 4 units in all, 4 stories, described as “New 4 dwelling units total cost of construction: $680,400”
- Alteration, issued Sep 12, 2023, estimated cost $3K, described as “1000 UST Removal”
Property taxes
- Assessment
- $899,100
- Assessed land
- $649,100
- Assessed improvements
- $250,000
- Last sale
- $750,000 in 2023
Zoning
RC-2 (Residential Commercial District 2).
Flood zone
Current FEMA flood map: zone X, minimal flood hazard.
Recent sales
- Mar 5, 2026: $1,100,000, Unit 0004, 1,338 sq ft ($822 per sq ft)
- Jan 14, 2026: $812,000, Unit 0003, 1,476 sq ft ($550 per sq ft)
- Jul 17, 2023: $750,000, sold with other lots
Open-market sales since mid-2019, from the state’s SR1A sales file.
Board and land use applications
- Zoning Board case Z2026-0054: Variance - No Site Plan, Fees Paid, applied Oct 28, 2026. Applicant is proposing to convert carriage house into an affordable housing unit utilizing the affordable housing overlay. One additional unit is being proposed and that unit will be affordable. There will be a total of 5 units.