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Renovated Triplex
For Sale
$1,050,000

15 Lakeview Place, Verona, NJ 07044

Leased apartments feature separate utility metering, assigned driveway parking, and shared basement laundry.

Property SizeContact for details
Days on Market156

Property Features for 15 Lakeview Place

General Information

Standard status Active
Property subtype Multi Family
Occupancy 100%

Site & Location

Public Transit Yes
Utilities to Site Yes

Units

Unit Mix 2 x 2BR/1BA, 1 x 1BR/1BA
Multifamily Units 3
Parking per Unit 1

Additional Details

Gross Income $78,708

Taxes and HOA fees

Annual Taxes $16,841

Amenities

in-basement laundry
5
3
3.0
14
Vinyl Siding

Building Details

Year Built 1900
Year Renovated 2021
Tenancy Multi
Listing Agency: Century 21 The Crossing
Listed By: Christopher Hill · License #2670758
Source: Compass
Added: Mar 29 Changed: Aug 30 Last Checked: Aug 30 at 10:51PM

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 Century 21 The Crossing

Investment Insights

Based on property information with market context.

Located at 15 Lakeview Place in Verona, this triplex includes two two-bedroom, one-bath apartments and one one-bedroom, one-bath apartment. The interiors were renovated in 2021, and each residence is separately metered. Assigned driveway parking and basement laundry add practical amenities for occupants, while vinyl siding provides the exterior finish.

All three apartments are leased through July 31, 2026, creating an established rental-income stream for the current term. The property was built in 1900 and is situated in Essex County, with access to Verona’s walkable downtown and direct NYC transit. The unit leases roll at the same time in July 2026, giving the next owner a defined renewal or re-leasing point.

Key Highlights

  • Three‑unit property with two 2‑bedroom/1‑bath apartments and one 1‑bedroom/1‑bath apartment
  • Interior renovation completed in 2021
  • All three units leased through July 31, 2026

Property Analytics

Current Use

Triplexes

Suggested Use

Top Pick Parking Lot & Garage Carpet & Flooring Store Locksmith Daycare Center Big Box & Wholesale Store Catering Service

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

3
Residential units
100%
Occupancy
Multi-tenant
Tenancy
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

998
Businesses Nearby

Demographics for 07044, NJ

14,572
Population
5,997
Households
2.4
Avg Household Size
44
Median Age
68%
College-Educated
98%
High-School Grad
2.8 sq mi
ZIP Area
5,204
Density / Sq Mi
$159,044
Median Household Income
$85,852
Median Earnings
$2,125
Median Rent
$595,000
Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Triplex - Leased apartments feature separate utility metering, assigned driveway parking, and shared basement laundry.
Where is this triplex located?
The property is located at 15 Lakeview Place Verona, NJ.
What is the asking price?
The asking price for this property is $1,050,000.
What are key features of this property?
This property features: Three‑unit property with two 2‑bedroom/1‑bath apartments and one 1‑bedroom/1‑bath apartment; Interior renovation completed in 2021; All three units leased through July 31, 2026
More about this property
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