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Three-Unit Multifamily Home
New
For Sale
$899,910

304 LAKE AVE, Lyndhurst, NJ 07071

Separate utilities serve the three residential units, with a detached garage and backyard on the property.

Property SizeContact for details
Days on Market4

Property Features for 304 LAKE AVE

General Information

Standard status Active
Total Parking Spaces 2
Property subtype 3 Family
Occupancy 100%

Units

Unit Mix 2 x 2BR/1BA, 1 x 1BR/1BA
Multifamily Units 3

Additional Details

Public Transit Yes
Tenant in Place Yes

Building Details

Buildings 1
Listing Agency: KELLER WILLIAMS VALLEY REALTY
Listed By: ALLEN TEN HOEVE
Source: Propertiesbysouthern
Added: Oct 21 Changed: Oct 23 Last Checked: Oct 23 at 5:48PM

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 KELLER WILLIAMS VALLEY REALTY

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Investment Insights

Based on property information with market context.

This three-unit residential property has five bedrooms and three bathrooms. The first and second units each include two bedrooms, a living room, an eat-in kitchen, and a full bathroom. The finished lower level adds a one-bedroom layout with a living room, kitchen, full bathroom, laundry, and storage. Hardwood floors extend across the first and second floors; heating is by baseboard, with window air-conditioning units. Utilities are separate, and the property also has a detached two-car garage, backyard, and newer roof.

Public transportation is a short walk from the property, with train and bus service providing access to New York City. Shops, restaurants, and public parks are among the amenities in Lyndhurst.

Key Highlights

  • Three residential units with a total of 5 bedrooms and 3 bathrooms
  • Separate utilities for the units
  • Finished lower level with living room, kitchen, bedroom, full bathroom, laundry, and storage

Property Analytics

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Lease Details

3
Residential units
100%
Occupancy

Location Intelligence

Trade Area within ½ mile

1,152
Businesses Nearby

Demographics for 07071, NJ

22,519
Population
9,839
Households
2.3
Avg Household Size
40
Median Age
40%
College-Educated
90%
High-School Grad
4.6 sq mi
ZIP Area
4,895
Density / Sq Mi
$109,021
Median Household Income
$65,401
Median Earnings
$1,719
Median Rent
$496,000
Median Home Value
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Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025

Frequently Asked Questions

What type of property is this?
Triplex - Separate utilities serve the three residential units, with a detached garage and backyard on the property.
Where is this triplex located?
The property is located at 304 LAKE AVE Lyndhurst, NJ.
What is the asking price?
The asking price for this property is $899,910.
What are key features of this property?
This property features: Three residential units with a total of 5 bedrooms and 3 bathrooms; Separate utilities for the units; Finished lower level with living room, kitchen, bedroom, full bathroom, laundry, and storage
More about this property
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