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    131 Shaler Ave Fairview, NJ 07022

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    For Sale
    $1,250,000

    Well-maintained 3-family property with separately metered utilities.

    Lot size:
    0.05 Acres

    Property Features for 131 Shaler Ave

    General Information

    Lot size
    0.05 Acres

    Building Details

    Year built
    1968

    Source: KELLER WILLIAMS PARK VIEWS Agent AGNES BOWMAN

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Fairview Multi-Family Investment Opportunity

    This well-maintained 3-family property is an excellent investment opportunity located in Fairview. The property sits on a 25x90 ft lot and offers a total of 7 bedrooms and 3 full bathrooms across all units. Each unit features a functional layout with comfortable living spaces. All utilities are separately metered, which is ideal for maximizing rental income and minimizing owner expenses. The property is conveniently located near shopping, schools, and major transportation to NYC. This property is suitable for those looking to live in one unit and rent out the others or fully lease for passive income, making it a smart addition to any portfolio.
    Location Intelligence

    Current Use by Public Records

    Triplexes

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Clothing Store Nail Salon Food Market Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Fairview
    County
    Bergen
    State
    New Jersey
    Longitude
    -73.9971282
    Latitude
    40.8124443

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    FAQs

    What type of property is this?
    Triplex - Well-maintained 3-family property with separately metered utilities.
    Where is this triplex located?
    The property is located at 131 Shaler Ave Fairview, NJ.
    What is the asking price?
    The asking price for this property is $1,250,000.
    What are key features of this property?
    This property features: - Excellent investment opportunity for rental income or owner-occupancy.; - Three separate units with a total of **7 bedrooms and 3 full bathrooms**.; - Utilities are separately metered for each unit, minimizing owner expenses.
    (201) 939-0050
    Request Owner's contact information
    131 Shaler Ave Fairview, NJ 07022
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    Fairview, NJ 07022
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    131 Shaler Ave Fairview, NJ 07022
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