9-Unit Walk-Up Apartment
644 Oradell Ave Oradell, NJ 07649
For Sale
$1,800,000
Two-story walk-up with nine individually metered units, offering stable income potential in an owner-maintained Bergen County asset.
Lot Size0.22 Acres
Days on Market50
Property Features for 644 Oradell Ave
General Information
- Standard status
- Active
- Lot size
- 0.22 Acres
- Property subtype
- Multifamily
Listing Agency:
Marcus & Millichap - New Jersey
(201) 742-6132
Listed By:
Kevin Taub · License #License(s): NJ: 1111228
(201) 742-6132
Source:
Marcusmillichap
Added: Jun 5
Changed: Jul 10
Last Checked: Jul 24 at 4:41AM
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 Marcus & Millichap - New Jersey
Investment Insights
Based on property information with market context.
644 Oradell Avenue is a well maintained, two-story, wood frame walk-up apartment building with nine residential units. The mix includes two studios and seven one-bedroom/one-bathroom apartments. Each unit is individually metered for gas and electricity, with tenants responsible for their own cooking gas and electricity usage. Ownership is responsible for common area electric and heating, along with water/sewer expenses.
The property is located on the north side of Oradell Avenue between Kindekamack Road and Prospect Avenue, immediately opposite Oradell’s municipal parking lot. The site totals approximately 0.222 acres and is designated as Block 403 Lot 16 in the B1 zoning district.
The building has been owned and professionally maintained by the same investment group since 2005. The current Net Operating Income of $98,314 is reported to have potential to increase to $123,084, an increase of 25%, with the noted rationale including the absence of rent control in Oradell, strength of the local rental market, the stated transit-oriented location, and the municipality’s demographics, all supported by the property’s maintained condition.
The property is located on the north side of Oradell Avenue between Kindekamack Road and Prospect Avenue, immediately opposite Oradell’s municipal parking lot. The site totals approximately 0.222 acres and is designated as Block 403 Lot 16 in the B1 zoning district.
The building has been owned and professionally maintained by the same investment group since 2005. The current Net Operating Income of $98,314 is reported to have potential to increase to $123,084, an increase of 25%, with the noted rationale including the absence of rent control in Oradell, strength of the local rental market, the stated transit-oriented location, and the municipality’s demographics, all supported by the property’s maintained condition.
Key Highlights
- 9‑unit, two‑story wood frame walk‑up multifamily building in Oradell, NJ (Bergen County).
- Unit mix includes 2 studios and 7 one‑bedroom/one‑bath units.
- Individually metered gas and electricity for each apartment; tenants pay cooking gas/electricity.
Property Analytics
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Location Intelligence
Current Use by Public Records
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FAQs
What type of property is this?
Apartment building - Two-story walk-up with nine individually metered units, offering stable income potential in an owner-maintained Bergen County asset.
Where is this apartment building located?
The property is located at 644 Oradell Ave Oradell, NJ.
What is the asking price?
The asking price for this property is $1,800,000.
What are key features of this property?
This property features: 9‑unit, two‑story wood frame walk‑up multifamily building in Oradell, NJ (Bergen County).; Unit mix includes 2 studios and 7 one‑bedroom/one‑bath units.; Individually metered gas and electricity for each apartment; tenants pay cooking gas/electricity.
