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6-Unit Apartment Building with Parking
For Sale
$2,150,000

275 Grand Avenue, Leonia, NJ 07605

Fully occupied multifamily property with four renovated units and A-3 zoning.

Property SizeContact for details
Lot Size0.18 Acres
Days on Market46

Property Features for 275 Grand Avenue

General Information

Standard status Active
Total Parking Spaces 13
Lot size 0.18 Acres
Property subtype Commercial Mixed Use
Zoning A-3
Occupancy 100%

Units

Unit Mix 5 x 2-bedroom, 1 x 1-bedroom
Multifamily Units 6

Additional Details

Sprinkler System Yes

Amenities

intercom system

Building Details

Buildings 1
Listing Agency: Next Realty of Tenafly
Listed By: Shimon Avrahami
Source: Betterhomerealestate
Added: Jul 16 Changed: Aug 30 Last Checked: Aug 30 at 12:25AM

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 Next Realty of Tenafly

Investment Insights

Based on property information with market context.

This six-unit apartment property includes five two-bedroom residences and one one-bedroom residence. Four units have been updated with modern finishes. The building is fully occupied and sits on a 7,700-square-foot lot zoned A-3. A brick exterior provides a durable building envelope, while a modern fire sprinkler system and intercom system are in place.

Property improvements include a newly paved parking area with 13 off-street spaces and an engineered drainage system. The asset is located at 275 Grand Avenue in Leonia, New Jersey, providing a defined multifamily configuration with completed upgrades to key building and site components.

Key Highlights

  • Six‑unit apartment building with five 2‑bedroom units and one 1‑bedroom unit
  • Four of six units recently updated with modern finishes
  • Fully occupied property on a 7,700 sq. ft. lot

Property Analytics

Current Use

1031 exchange properties

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Auto Parts Store Barber Shop Carpet & Flooring Store Nursing Home Daycare Center

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

6
Residential units
100%
Occupancy
Yes
Sprinkler system

Location Intelligence

Trade Area within ½ mile

780
Businesses Nearby

Demographics for 07605, NJ

9,324
Population
3,581
Households
2.6
Avg Household Size
44
Median Age
61%
College-Educated
92%
High-School Grad
1.5 sq mi
ZIP Area
6,216
Density / Sq Mi
$115,476
Median Household Income
$66,632
Median Earnings
$2,122
Median Rent
$634,500
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 - Fully occupied multifamily property with four renovated units and A-3 zoning.
Where is this apartment building located?
The property is located at 275 Grand Avenue Leonia, NJ.
What is the asking price?
The asking price for this property is $2,150,000.
What are key features of this property?
This property features: Six‑unit apartment building with five 2‑bedroom units and one 1‑bedroom unit; Four of six units recently updated with modern finishes; Fully occupied property on a 7,700 sq. ft. lot
More about this property
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