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Multifamily Property

1024 Randolph Ave, Avenel, NJ 07065

For Sale
$640,000
Pending

Built in 1960, this multifamily property is situated in a somewhat walkable area.

Property SizeContact for details
Days on Market94

Property Features for 1024 Randolph Ave

General Information

Standard status Pending
Property subtype Multi Family

Taxes and HOA fees

Annual Taxes $12,725

Building Details

Year Built 1960
Units 2
Listing Agency: FREDRICA WILLIAMS REALTY, INC.
Listed By: FREDRICA WILLIAMS · License #210241
Source: Elliman
Added: Aug 8 Changed: Nov 2 Last Checked: Nov 8 at 6:33AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of FREDRICA WILLIAMS REALTY, INC.

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Investment Insights

Based on property information with market context.

This multifamily property was built in 1960 and is located at 1024 Randolph Ave in Avenel, New Jersey. The surrounding area has a Walk Score of 64, described as Somewhat Walkable, along with a Bike Score of 43 and Transit Score of 35. These scores indicate access to walking, bicycling, and public transportation options in the surrounding area.

Key Highlights

  • Multifamily property constructed in 1960
  • Walk Score of 64, rated Somewhat Walkable
  • Bike Score of 43, rated Somewhat Bikeable

Location Intelligence

Trade Area within ½ mile

439
Businesses Nearby

Demographics for 07065, NJ

29,556
Population
12,811
Households
2.3
Avg Household Size
39
Median Age
36%
College-Educated
90%
High-School Grad
3.9 sq mi
ZIP Area
7,578
Density / Sq Mi
$90,852
Median Household Income
$57,021
Median Earnings
$1,764
Median Rent
$362,300
Median Home Value

Market

Average Price Trend$/SF for Multifamily properties in Union County, NJ

$359 Jul
$347 Aug
$323 Sep
$311 Oct

Properties on Market for Multifamily properties in Union County

Jul
Aug
Sep
Oct

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025

Frequently Asked Questions

What type of property is this?
Multifamily property - Built in 1960, this multifamily property is situated in a somewhat walkable area.
Where is this multifamily property located?
The property is located at 1024 Randolph Ave Avenel, NJ.
What is the asking price?
The asking price for this property is $640,000.
What are key features of this property?
This property features: Multifamily property constructed in 1960; Walk Score of 64, rated Somewhat Walkable; Bike Score of 43, rated Somewhat Bikeable
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