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8-Unit Brick Apartment Building
New
For Sale
$1,500,000

342 Palisade Ave, Cliffside Park, NJ 07010

Gas heat and hot water are supported by a newly installed boiler.

Property SizeContact for details
Days on Market5

Property Features for 342 Palisade Ave

General Information

Standard status Active
Total Parking Spaces 8
Property subtype Commercial

Additional Details

Multifamily Units 8

Building Details

Buildings 1
Construction all-brick
Listing Agency: RE/MAX Signature Homes
Listed By: Avedis Derbalian ()
Source: Fortuneluxuryrealty
Added: Oct 28 Changed: Oct 30 Last Checked: Nov 1 at 5:09AM

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 RE/MAX Signature Homes

Rey
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Investment Insights

Based on property information with market context.

This brick apartment property contains eight units and includes flexible ground-floor space described as having potential for conversion to commercial storefronts. A full basement offers storage space or the possibility of rental use. Gas supplies the building’s heat and hot water, and a newly installed boiler serves the mechanical system. The roof was replaced in April 2025. Off-street parking is available through rented spaces, with the count described as 7 to 8.

Key Highlights

  • Eight‑unit apartment building with all‑brick construction
  • Ground‑floor space has potential for conversion to commercial storefronts
  • Full basement offers storage or possible rental use

Property Analytics

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Lease Details

8
Residential units

Location Intelligence

Trade Area within ½ mile

2,042
Businesses Nearby

Demographics for 07010, NJ

25,721
Population
11,223
Households
2.3
Avg Household Size
42
Median Age
42%
College-Educated
86%
High-School Grad
1.0 sq mi
ZIP Area
25,721
Density / Sq Mi
$94,960
Median Household Income
$55,625
Median Earnings
$1,783
Median Rent
$577,200
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?
Apartment building - Gas heat and hot water are supported by a newly installed boiler.
Where is this apartment building located?
The property is located at 342 Palisade Ave Cliffside Park, 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: Eight‑unit apartment building with all‑brick construction; Ground‑floor space has potential for conversion to commercial storefronts; Full basement offers storage or possible rental use
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