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5-Unit Apartment Building
For Sale
$2,195,000

273-275 9th Street, Palisades Park, NJ 07650

Five two-bedroom residences include eat-in kitchens, separate gas and electric meters, and shared laundry facilities.

Property SizeContact for details
Days on Market8

Property Features for 273-275 9th Street

General Information

Standard status Active
Total Parking Spaces 5
Property subtype MULTI_FAMILY

Site & Location

Public Transit Yes
Utilities to Site Yes

Units

Unit Mix 5 x 2BR/1BA
Multifamily Units 5

Amenities

coin-operated laundry
bonus work room with bathroom
Listing Agency: Sokolich Real Estate
Listed By: Tyler J. Sokolich
Source: Serhant
Added: Sep 25 Changed: Oct 2 Last Checked: Oct 1 at 6:00PM

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 Sokolich Real Estate

Investment Insights

Based on property information with market context.

This five-unit apartment property contains five two-bedroom, one-bathroom residences, each with an eat-in kitchen and living room. Individual apartments measure approximately 1,000–1,200 square feet. Some units have been renovated, and the building was constructed in 1960. Gas and electricity are separately metered for each apartment.

The property includes a two-car garage, three additional off-street parking spaces, and coin-operated laundry. A separate workroom with a bathroom provides additional on-site space. Public transportation, schools, shopping, parks, and places of worship are nearby.

Key Highlights

  • Five apartments, each with 2 bedrooms and 1 bathroom
  • Approximately 1,000–1,200 square feet per apartment
  • Some units have been renovated; building dates to 1960

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Nursing Home (Bike/Boat/Book/etc) Store Parking Lot & Garage Tattoo & Piercing Shop Clothing & Fashion Store Tanning Salon

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

5
Residential units
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

1,660
Businesses Nearby

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

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 - Five two-bedroom residences include eat-in kitchens, separate gas and electric meters, and shared laundry facilities.
Where is this apartment building located?
The property is located at 273-275 9th Street Palisades Park, NJ.
What is the asking price?
The asking price for this property is $2,195,000.
What are key features of this property?
This property features: Five apartments, each with 2 bedrooms and 1 bathroom; Approximately 1,000–1,200 square feet per apartment; Some units have been renovated; building dates to 1960
More about this property
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