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Hillsdale Multifamily Property For Sale
For Sale
$1,649,000

156 Broadway, Hillsdale, NJ 07642

Four-unit building in desirable Hillsdale, near train and shops.

Property SizeContact for details
Days on Market500

Property Features for 156 Broadway

General Information

Standard status Active

Taxes and HOA fees

Annual Taxes $25,491
Listing Agency: COLDWELL BANKER, ALLENDALE/SADDLE RIVER VALLEY
Listed By: GLENN BARTLETT
Source: Corcoran
Added: Apr 29, 2025 Changed: Mar 16 Last Checked: Sep 9 at 9:00PM

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 COLDWELL BANKER, ALLENDALE/SADDLE RIVER VALLEY

Investment Insights

Based on property information with market context.

This free-standing four-unit building is situated on the main strip in the center of Hillsdale, New Jersey. The property is within walking distance of the train station and a multitude of shops. Each unit includes expansive basement space. The property benefits from a high volume of traffic and ample parking. The building is fully rented.

Key Highlights

  • Prime location on the main strip in desirable Hillsdale.
  • Walking distance to the train station and shops.
  • Four fully rented units, providing immediate income.

Property Analytics

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Current Use

Dr. Christopher M. ... Dental Office Cappelli Dental Associates Dental Office

Suggested Use

Top Pick Law Firm Parking Lot & Garage (Bike/Boat/Book/etc) Store Daycare Center Electrical Service Hotel & Motel

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

Location Intelligence

Trade Area within ½ mile

711
Businesses Nearby

Demographics for 07642, NJ

10,143
Population
3,479
Households
2.9
Avg Household Size
44
Median Age
62%
College-Educated
96%
High-School Grad
2.9 sq mi
ZIP Area
3,498
Density / Sq Mi
$169,862
Median Household Income
$69,250
Median Earnings
$1,720
Median Rent
$656,800
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
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Frequently Asked Questions

What type of property is this?
Quadplex - Four-unit building in desirable Hillsdale, near train and shops.
Where is this quadplex located?
The property is located at 156 Broadway Hillsdale, NJ.
What is the asking price?
The asking price for this property is $1,649,000.
What are key features of this property?
This property features: Prime location on the main strip in desirable Hillsdale.; Walking distance to the train station and shops.; Four fully rented units, providing immediate income.
More about this property
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