Occupied 5-Unit Apartment
For Sale
$1,350,000
257 Roff Avenue, Palisades Park, NJ 07650
Fully occupied multifamily property with consistent one-bedroom, one-bath apartment layouts.
Property SizeContact for details
Days on Market67
Property Features for 257 Roff Avenue
General Information
Standard status
Active
Property subtype
MULTI_FAMILY
Occupancy
100%
Units
Unit Mix
5 x 1BR/1BA
Multifamily Units
5
Additional Details
Gross Income
$108,000
Public Transit
Yes
Taxes and HOA fees
Annual Taxes
$15,000
Building Details
Buildings
1
Tenancy
Multi
Listing Agency:
Dream City Realty
Listed By:
Jong Yun
(201) 401-7797
Source:
Serhant
Added: Aug 11
Changed: Oct 12
Last Checked: Oct 15 at 7:48AM
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 Dream City Realty
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Investment Insights
Based on property information with market context.
Located at 257 Roff Avenue in Palisades Park, this five-unit apartment building is fully occupied and offers a consistent residential configuration throughout. Each apartment includes one bedroom and one bathroom, creating a straightforward layout across the property.
The building is within walking distance of shopping, public transit, and schools. Landlord-paid expenses include property taxes, heat, water, and insurance, providing a defined operating responsibility structure for the property.
The building is within walking distance of shopping, public transit, and schools. Landlord-paid expenses include property taxes, heat, water, and insurance, providing a defined operating responsibility structure for the property.
Key Highlights
- Five‑unit apartment building at 257 Roff Avenue
- All five apartments are occupied
- Each unit includes 1 bedroom and 1 bathroom
Property Analytics
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Current Use
Lease Details
5
Residential units
100%
Occupancy
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
2,111
Businesses Nearby
Explore this area
Business Placement
Demographics for 07650, NJ
20,292
Population
7,612
Households
2.7
Avg Household Size
40
Median Age
54%
College-Educated
90%
High-School Grad
1.2 sq mi
ZIP Area
16,910
Density / Sq Mi
$101,295
Median Household Income
$50,817
Median Earnings
$1,976
Median Rent
$704,400
Median Home Value
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Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Apartment building - Fully occupied multifamily property with consistent one-bedroom, one-bath apartment layouts.
Where is this apartment building located?
The property is located at 257 Roff Avenue Palisades Park, NJ.
What is the asking price?
The asking price for this property is $1,350,000.
What are key features of this property?
This property features: Five‑unit apartment building at 257 Roff Avenue; All five apartments are occupied; Each unit includes 1 bedroom and 1 bathroom
