Seven-Unit Mixed-Use
For Sale
Contact for pricing
201-203 Boonton Ave, Boonton, NJ 07005
Income-producing building combining residential apartments with two street-level retail spaces and on-site parking.
Property SizeContact for details
Days on Market144
Property Features for 201-203 Boonton Ave
General Information
Standard status
Active
Total Parking Spaces
3
Property subtype
Retail, Multifamily, Mixed Use
Units
Unit Mix
3 x 2BR/1BA, 2 x 3BR/1BA
Multifamily Units
5
Building Details
Year Built
1859
Tenancy
Multi
Listing Agency:
Ripco Real Estate
(201) 777-2300
Listed By:
Casey Egan · License #NJ
Source:
Crexi
Added: Apr 11
Changed: Aug 31
Last Checked: Aug 30 at 4:05PM
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 Ripco Real Estate
Investment Insights
Based on property information with market context.
This mixed-use building contains seven units: five residential apartments above two ground-floor retail spaces. The apartment mix includes three two-bedroom, one-bath units on the second floor and two three-bedroom, one-bath units on the third floor. Third-floor residences feature 14-foot ceilings and nearly 9-foot windows. The property was built in 1859 and includes three on-site parking spaces plus a side yard for resident use.
The retail occupants have operated from the property for 13+ years, with approximately two years remaining on the current lease term and scheduled increases. Building improvements include new hot water heaters throughout. The landlord is responsible for cold water and sewer. The second ground-floor retail space may be converted to residential living space, subject to applicable approvals.
The retail occupants have operated from the property for 13+ years, with approximately two years remaining on the current lease term and scheduled increases. Building improvements include new hot water heaters throughout. The landlord is responsible for cold water and sewer. The second ground-floor retail space may be converted to residential living space, subject to applicable approvals.
Key Highlights
- Seven‑unit configuration with five apartments and two ground‑floor retail spaces
- Residential mix includes three two‑bedroom units and two three‑bedroom units
- Third‑floor apartments feature 14‑foot ceilings and nearly 9‑foot windows
Property Analytics
Current Use
Lease Details
5
Residential units
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
62
Businesses Nearby
Explore this area
Business Placement
Demographics for 07005, NJ
15,985
Population
6,115
Households
2.6
Avg Household Size
43
Median Age
56%
College-Educated
96%
High-School Grad
18.3 sq mi
ZIP Area
873
Density / Sq Mi
$126,411
Median Household Income
$66,198
Median Earnings
$1,779
Median Rent
$565,900
Median Home Value
Market
Vacancy Rate% for Multifamily in Northeast region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Mixed-use property - Income-producing building combining residential apartments with two street-level retail spaces and on-site parking.
Where is this mixed-use property located?
The property is located at 201-203 Boonton Ave Boonton, NJ.
What are key features of this property?
This property features: Seven‑unit configuration with five apartments and two ground‑floor retail spaces; Residential mix includes three two‑bedroom units and two three‑bedroom units; Third‑floor apartments feature 14‑foot ceilings and nearly 9‑foot windows
