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State-Licensed 8-Unit Apartment Building
For Sale
Contact for pricing
Pending

105 Parkview Avenue, Elmwood Park, NJ 07407

State-licensed boarding house with furnished rooms, shared kitchens, and a detached garage.

Property SizeContact for details
Days on Market84

Property Features for 105 Parkview Avenue

General Information

Standard status Pending
Total Parking Spaces 2
Property subtype 5+ Mixed Units
Net Operating Income $60,045

Financials

Cap Rate 9.24%
Gross Income $86,460

Additional Details

Multifamily Units 8

Amenities

shared kitchens
shared bathrooms
security cameras

Building Details

Year Built 1900
Listing Agency: United Real Estate
Listed By: Burak Brian Bilgec
Source: Capmarkrealty
Added: Jul 24 Changed: Oct 3 Last Checked: Oct 14 at 8:24PM

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 United Real Estate

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Investment Insights

Based on property information with market context.

This state-licensed 8-unit apartment building operates with furnished rooms and month-to-month leases. Room furnishings include beds, dressers, TVs, and window A/C units. Residents share two kitchens and two bathrooms, while a studio on the top floor includes a private half bath. A detached two-car garage is also part of the property. Common areas are supplied with cooking and cleaning essentials, and security cameras were installed in 2024.

Located at 105 Parkview Avenue in Elmwood Park, New Jersey, the property has received several notable updates, including a roof and chimney replacement in 2022 and a boiler installed in 2020. Interior improvements remain ongoing.

Key Highlights

  • State‑licensed 8‑unit boarding house
  • Furnished rooms with beds, dressers, TVs, and window A/C
  • Two shared kitchens and two shared bathrooms

Property Analytics

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Current Use

Apartment buildings

Suggested Use

Top Pick Real Estate Agency Parking Lot & Garage Hotel & Motel (Bike/Boat/Book/etc) Store Locksmith Nursing Home

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

8
Residential units

Location Intelligence

Trade Area within ½ mile

708
Businesses Nearby

Demographics for 07407, NJ

21,422
Population
7,561
Households
2.8
Avg Household Size
41
Median Age
36%
College-Educated
91%
High-School Grad
2.6 sq mi
ZIP Area
8,239
Density / Sq Mi
$100,852
Median Household Income
$51,764
Median Earnings
$2,025
Median Rent
$456,000
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

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?
Apartment building - State-licensed boarding house with furnished rooms, shared kitchens, and a detached garage.
Where is this apartment building located?
The property is located at 105 Parkview Avenue Elmwood Park, NJ.
What are key features of this property?
This property features: State‑licensed 8‑unit boarding house; Furnished rooms with beds, dressers, TVs, and window A/C; Two shared kitchens and two shared bathrooms
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