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Fully Occupied Triplex with Parking
For Sale
$1,150,000

176 Meadow Lane, Secaucus, NJ 07094

Three separately metered residences offer in-unit laundry, electric heat, and tenant-paid electric utilities.

Property SizeContact for details
Lot Size0.23 Acres
Days on Market22

Property Features for 176 Meadow Lane

General Information

Standard status Active
Total Parking Spaces 12
Lot size 0.23 Acres
Property subtype Multi Family 3-4
Occupancy 100%

Site & Location

Highway Access Yes
Public Transit Yes

Units

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

Additional Details

Gross Income $54,720

Amenities

in-unit laundry

Building Details

Year Built 1960
Buildings 1
Stories 2
Listing Agency: Modern Spaces Nj LLC
Listed By: Dawn Chiorazzi-Roda
Source: Betterhomerealestate
Added: Aug 10 Changed: Aug 29 Last Checked: Aug 30 at 5:43PM

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 Modern Spaces Nj LLC

Investment Insights

Based on property information with market context.

This fully occupied triplex contains a three-bedroom primary residence plus two one-bedroom apartments. The main dwelling includes a living room, formal dining room, eat-in kitchen, full bath, and in-unit laundry. Each additional apartment provides living space, one bedroom, one bathroom, and its own laundry. Separate electric metering, electric heat, window air conditioning, and tenant-paid electric utilities are established across the property.

The building sits on a 10,000-square-foot lot measuring 50 feet by 200 feet and includes approximately 12 tandem off-street parking spaces. The property is in Secaucus, near NJ Transit, major highways, shopping, restaurants, parks, and New York City. Current occupancy provides an established residential income profile, while the unit mix and substantial parking support a range of multifamily operating needs.

Key Highlights

  • Legal three‑family property with a 3‑bedroom main residence and two 1‑bedroom apartments
  • Fully occupied with approximately $54,720 in current annual gross rental income
  • 10,000‑square‑foot lot measuring 50' x 200'

Property Analytics

Current Use

Triplexes

Suggested Use

Top Pick Daycare Center Electrical Service Catering Service (Bike/Boat/Book/etc) Store Home Appliance Store Kitchen & Bath Showroom

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
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

346
Businesses Nearby

Demographics for 07094, NJ

22,181
Population
9,109
Households
2.4
Avg Household Size
38
Median Age
63%
College-Educated
95%
High-School Grad
5.8 sq mi
ZIP Area
3,824
Density / Sq Mi
$134,746
Median Household Income
$77,447
Median Earnings
$2,197
Median Rent
$557,800
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?
Triplex - Three separately metered residences offer in-unit laundry, electric heat, and tenant-paid electric utilities.
Where is this triplex located?
The property is located at 176 Meadow Lane Secaucus, NJ.
What is the asking price?
The asking price for this property is $1,150,000.
What are key features of this property?
This property features: Legal three‑family property with a 3‑bedroom main residence and two 1‑bedroom apartments; Fully occupied with approximately $54,720 in current annual gross rental income; 10,000‑square‑foot lot measuring 50' x 200'
More about this property
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