Three-Unit Multifamily
295-299 Queen Anne Road Teaneck, NJ 07666
295-299 Queen Anne Road, Teaneck, NJ, 07666
Contact for pricing
For Sale
Contact for pricing
For sale triplex featuring three residential units at 295–299 Queen Anne Road.
Property Size5,800 SF
Price / SF$258.62
Days on Market19
Property Features for 295-299 Queen Anne Road
General Information
- Standard status
- Active
- Size
- 5,800 SF
- Property subtype
- Multifamily, Business for Sale, Mixed Use
Building Details
- Year Built
- 1939
Listing agency
E Realty Advisors
Listed by
Barry Littmann · License #NJ 0457288
Source
Crexi
Added: Jul 5 Updated: Jul 22 at 10:27PM Checked: Jul 22 at 10:27PM
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 E Realty Advisors
Investment Insights
Based on property information with market context.
This for-sale multifamily property is a three-unit triplex comprising three residential units within a single building. The offering is presented as a 3-unit multifamily investment opportunity.
The property is located at 295–299 Queen Anne Road in Teaneck, NJ 07666.
With three separate units, the building provides a straightforward, clearly defined residential income configuration for prospective buyers.
The property is located at 295–299 Queen Anne Road in Teaneck, NJ 07666.
With three separate units, the building provides a straightforward, clearly defined residential income configuration for prospective buyers.
Key Highlights
- Triplex with 3 residential units at 295–299 Queen Anne Road
- Year built: 1939
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 | $148.2k | $25.56 |
| − Vacancy | −$9.6k | −$1.65 |
| EGI | $138.7k | $23.91 |
| − OpEx | −$41.6k | −$7.17 |
| NOI | $97.1k | $16.74 |
5,800 SF · lease $25.56/SF/yr · vacancy 6.46% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$1.39M
$1.21M – $1.62M
NOI $97,070 @ 7.0% cap · market cap 6.47%
Second Best
Apartment 5plus
$1.27M
$1.11M – $1.49M
NOI $89,192 @ 7.0% cap · market cap 5.95%
Theoretical Best
Office A
$1.51M
$1.33M – $1.77M
NOI $106,015 @ 7.0% cap · market cap 7.07%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Triplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Triplex - For sale triplex featuring three residential units at 295–299 Queen Anne Road.
Where is this triplex located?
The property is located at 295-299 Queen Anne Road Teaneck, NJ.
What is the asking price?
The asking price for this property is $1,500,000.
What are key features of this property?
This property features: Triplex with 3 residential units at 295–299 Queen Anne Road; Year built: 1939
