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Modern Duplex with Finished Basement
For Sale
Contact for pricing

28 Prospect Street, Palisades Park, NJ 07650

Two main residences feature upscale kitchens, spa-like baths, and oversized bedrooms.

Property SizeContact for details
Days on Market42

Property Features for 28 Prospect Street

General Information

Standard status Active
Property subtype Multi Family 2-4 Units
Occupancy 100%

Additional Details

Multifamily Units 2

Building Details

Buildings 1
Listing Agency: Kaymax Realty Inc.
Listed By: Gina Seo
Source: Capmarkrealty
Added: Jul 24 Changed: Aug 30 Last Checked: Sep 2 at 1:59PM

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 Kaymax Realty Inc.

Investment Insights

Based on property information with market context.

This 2-year-young duplex offers a top-and-bottom configuration with two primary residences, each featuring a large living room, oversized bedrooms, and abundant natural light. The kitchens include center islands, quartz countertops, custom cabinetry, and high-end appliances, while the bathrooms are finished in a spa-inspired style.

A finished basement expands the property with two additional bedrooms, a secondary kitchen, and a dedicated washer/dryer area. The extra-deep lot provides a substantial backyard, and the home is positioned on a quiet street in Palisades Park. The property is fully occupied and located at 28 Prospect Street.

Key Highlights

  • 2‑year‑young duplex with a top‑and‑bottom layout
  • Each main unit includes a center‑island kitchen with quartz countertops and custom cabinetry
  • Finished basement adds two additional bedrooms and a secondary kitchen

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Real Estate Agency Garden Center Auto Parts Store (Bike/Boat/Book/etc) Store Carpet & Flooring Store Parking Lot & Garage

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

2
Residential units
100%
Occupancy

Location Intelligence

Trade Area within ½ mile

1,849
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?
Duplex - Two main residences feature upscale kitchens, spa-like baths, and oversized bedrooms.
Where is this duplex located?
The property is located at 28 Prospect Street Palisades Park, NJ.
What are key features of this property?
This property features: 2‑year‑young duplex with a top‑and‑bottom layout; Each main unit includes a center‑island kitchen with quartz countertops and custom cabinetry; Finished basement adds two additional bedrooms and a secondary kitchen
More about this property
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