285 - 287 W Palisades, Englewood, NJ 07631
- Added:
- Mar 15, 2026
- Days on Market:
- 115
- Last Refresh:
- Jul 7 at 8:06 am
Property Features for 285 - 287 W Palisades
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 8
- Bathrooms
- 4
- Rooms
- Bedroom 1, Bedroom 5, Bedroom 3, Bathroom 2, Bathroom 4, Basement, Bedroom 7, Bathroom 3, Bedroom 4, Bedroom 8, Bathroom 1, Bedroom 6, Bedroom 2
- Parking
- 3
- Standard status
- Active
- Size
- 3,800 SF
Taxes and HOA fees
- Tax Year
- 2005
- Tax Annual Amount
- 8521
Utilities
- Sewer type
- Public Sewer
- Heating system
- Forced Air
- Cooling system
- Central Air
- Water source
- Public
Building Details
- Year built
- 1913
- Number of units
- 2
- Roof type
- Shingle, Rubber
- Architectural style
- Other
Listing agent LEON BROWN (973) 809-7045
Listing office CENTURY 21 PREFERRED REALTY, INC 1915 MORRIS AVE, Union, NJ (908) 688-3311
Listing date Mar 15, 2026
Copyright © 2026 Garden State MLS, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
HighLights
- Completely renovated 2‑family duplex with finished basement, backyard, and outdoor parking for multiple cars
- 8 bedrooms and 4 full baths total; each unit offers 4 bedrooms and 2 baths
- Central air and forced‑air heating; public water and public sewer
- Third‑floor finished attic with a walk‑in closet for additional living/work space
- Multiple laundry connections in the finished basement
- Roof includes rubber and shingle materials
Overview
The property includes a backyard and outdoor space, along with parking for multiple cars. The home is located in Englewood, New Jersey, and is described as convenient to schools, parks, shopping, and houses of worship, with quick access to George Washington Bridge and NYC transportation.
Designed for owner-occupants or investors seeking a turnkey setup, the duplex supports flexible usage by allowing one unit to be lived in while the other can be used as supplemental income. With renovations throughout, dedicated laundry connections, and usable finished space beyond the primary floors, the layout can accommodate a range of tenant or household needs without requiring immediate updates.
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $97.1k | $25.56 |
| − Vacancy | −$6.3k | −$1.65 |
| EGI | $90.9k | $23.91 |
| − OpEx | −$27.3k | −$7.17 |
| NOI | $63.6k | $16.74 |
Alternative Uses
Current Use by Public Records
Map
- City
- Englewood
- County
- Bergen
- State
- New Jersey
- Longitude
- -73.98569
- Latitude
- 40.90013
