Listing Agency: CBRE - Saddle Brook

Listed By: Fahri Ozturk · License #NJ 1430421

Source: Crexi

Added: Apr 10 Changed: Aug 8 Last Checked: Apr 11 at 12:01AM

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Investment Insights

Based on property information with market context.

This multi-family apartment building is offered for sale with 41 total units. The property is classified as an apartment building and residential income property.

The listing does not include additional details on unit mix, condition, or amenities beyond the total unit count.

Further information regarding access, layout, and any building improvements is not provided in the available data.

Key Highlights

• Apartment building for sale with 41 units
• Listed as multifamily with a reported $118,293 per unit

Property Analytics

Current Use

Trouble Heart Charitable Organization Motor Club Of America Financial Advisor

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Restaurant Veterinary Clinic Catering Service Tanning Salon Pet Store

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

41

Residential units

Location Intelligence

Trade Area within ½ mile

2,748

Businesses Nearby

Explore this area Business Placement

Demographics for 07201, NJ

29,390

Population

10,404

Households

2.8

Avg Household Size

35

Median Age

15%

College-Educated

75%

High-School Grad

6.4 sq mi

ZIP Area

4,592

Density / Sq Mi

$62,026

Median Household Income

$33,092

Median Earnings

$1,476

Median Rent

$413,000

Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022

4.6% 2023

5.3% 2024

5.6% 2025

Questions? Ask Rey

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Frequently Asked Questions

What type of property is this?

Apartment building - Apartment building with 41 units available for sale.

Where is this apartment building located?

The property is located at 1116 Anna Street Elizabeth, NJ.

What are key features of this property?

This property features: Apartment building for sale with 41 units; Listed as multifamily with a reported $118,293 per unit