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Triplex with Large Lot
For Sale
$1,795,000

264 Grand Avenue, Palisades Park, NJ 07650

2-4 Family, Palisades Park, NJ

Property SizeContact for details
Days on Market35

Property Features for 264 Grand Avenue

General Information

Property type Residential Multi Family
Property subtype Other
Bedrooms 5
Bathrooms 3
Full bathrooms 3
Rooms Bedroom 5, Bedroom 2, Bathroom 2, Bedroom 4, Bedroom 1, Basement, Bathroom 3, Bedroom 3, Bathroom 1
Subdivision Palisades Park
Standard status Active

Utilities

Cooling system None (Cooling)
Listing Agency: Coldwell Banker, Fort Lee · Coldwell Banker Real Estate
Listed By: Maria Marakas
Added: Jul 22 Changed: Aug 24 Last Checked: Aug 25 at 4:06PM
MLS# 26027299

Copyright © 2026 New Jersey MLS Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This three-family property at 264 Grand Avenue in Palisades Park includes two one-bedroom apartments on the first floor. The second floor contains three bedrooms, a large deck, and a walk-up attic identified as expandable. A basement is also included in the property’s room configuration.

The property sits on a large lot within a multiunit zoning area and provides parking for 6 cars. Its layout combines separate residential units with additional attic space, outdoor living area, and on-site vehicle parking.

Key Highlights

  • Three‑family property with two one‑bedroom apartments on the first floor
  • Second floor includes 3 bedrooms and a large deck
  • Walk‑up attic identified as expandable

Property Analytics

Current Use

Triplexes

Suggested Use

Top Pick Parking Lot & Garage Garden Center (Bike/Boat/Book/etc) Store Carpet & Flooring Store Veterinary Clinic Pet Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

3
Residential units

Location Intelligence

Trade Area within ½ mile

1,705
Businesses Nearby

Demographics for 07650, NJ

20,292
Population
7,612
Households
2.7
Avg Household Size
40
Median Age
54%
College-Educated
90%
High-School Grad
1.2 sq mi
ZIP Area
16,910
Density / Sq Mi
$101,295
Median Household Income
$50,817
Median Earnings
$1,976
Median Rent
$704,400
Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Triplex - Multiunit zoning, residential layouts, a deck, and on-site parking define this Palisades Park property.
Where is this triplex located?
The property is located at 264 Grand Avenue Palisades Park, NJ.
What is the asking price?
The asking price for this property is $1,795,000.
What are key features of this property?
This property features: Three‑family property with two one‑bedroom apartments on the first floor; Second floor includes 3 bedrooms and a large deck; Walk‑up attic identified as expandable
More about this property
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