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35-Unit Apartment Building
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130 Grand Avenue, Englewood, NJ 07631

Apartment property with varied unit mix, ongoing renovations, on-site laundry, and tenant-paid electric.

Property Size25,120 SF
Days on Market5

Property Features for 130 Grand Avenue

General Information

Standard status Active
Size 25,120 SF
Elevators Yes
Property subtype Multifamily
Net Operating Income $587,000

Units

Unit Mix 5 x studio, 21 x 1BR, 9 x 2BR
Multifamily Units 35

Amenities

on-site laundry

Building Details

Building Size 25,120 SF
Year Built 1980
Listing Agency:
Listed By: Andrew Scheinerman
Source: Kislakrealty
Added: Aug 28 Changed: Aug 30 Last Checked: Aug 31 at 3:08PM

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 Andrew Scheinerman

Investment Insights

Based on property information with market context.

Built in 1980, this 35-unit apartment property at 130 Grand Avenue includes 5 studios, 21 one-bedroom units, and 9 two-bedroom units. Ongoing apartment renovations are complemented by renovated hallways, a replaced elevator, and on-site laundry. Tenant-paid electric reduces the owner’s direct utility responsibility.

The property is located in Englewood, New Jersey, with access to New York City and the broader Northern New Jersey employment base. Average household income is $156K within one mile and $170K within three miles, providing demographic context for the surrounding area.

Key Highlights

  • 35‑unit apartment property with 5 studios, 21 one‑bedroom units, and 9 two‑bedroom units
  • Ongoing unit renovations with renovated hallways
  • Elevator replacement completed as part of recent capital improvements

Property Analytics

Current Use

Englewood Locksmith Pro's ... Locksmith Perez Luz M Tax Preparation

Suggested Use

Top Pick Parking Lot & Garage Bar & Pub Butcher Pet Grooming Service Tanning Salon (Bike/Boat/Book/etc) 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

35
Residential units

Location Intelligence

Trade Area within ½ mile

2,737
Businesses Nearby

Demographics for 07631, NJ

29,308
Population
12,047
Households
2.4
Avg Household Size
40
Median Age
46%
College-Educated
90%
High-School Grad
4.9 sq mi
ZIP Area
5,981
Density / Sq Mi
$101,398
Median Household Income
$53,056
Median Earnings
$1,925
Median Rent
$497,500
Median Home Value

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?
Apartment building - Apartment property with varied unit mix, ongoing renovations, on-site laundry, and tenant-paid electric.
Where is this apartment building located?
The property is located at 130 Grand Avenue Englewood, NJ.
What are key features of this property?
This property features: 35‑unit apartment property with 5 studios, 21 one‑bedroom units, and 9 two‑bedroom units; Ongoing unit renovations with renovated hallways; Elevator replacement completed as part of recent capital improvements
More about this property
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