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Renovated Multifamily Residence
For Lease
$4,000/Mo

40 Legion Place 2nd Floor, Closter, NJ 07624

Updated second-floor home with open living areas, a bonus room, and two dedicated tenant parking spaces.

Space SizeContact for details
Days on Market12

Property Features for 40 Legion Place 2nd Floor

General Information

Standard status Active
Property subtype 2 Family
Listing Agency: Coldwell Banker, Alpine/Closter
Listed By: Sindy Reines
Source: Tarvinrealtors
Added: Aug 9 Changed: Aug 20 Last Checked: Aug 20 at 12:10PM

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 Coldwell Banker, Alpine/Closter

Investment Insights

Based on property information with market context.

This second-floor multifamily residence offers four bedrooms, one bathroom, and an open-concept arrangement connecting its primary living areas. Renovated interiors are complemented by plentiful natural light and a flexible bonus room that can serve as an office, playroom, or study. Two dedicated parking spaces are included for the tenant.

The property is located at 40 Legion Place in Closter, NJ, near downtown as well as local schools, shopping, dining, parks, and downtown-area amenities. Its residential setting combines a practical floor plan with convenient access to everyday destinations.

Key Highlights

  • Four‑bedroom, one‑bath second‑floor residence
  • Renovated interior with abundant natural light
  • Open‑concept layout with connected living spaces

Property Analytics

Current Use

Closter Persian Rug ... Carpet Cleaning Service

Suggested Use

Top Pick Grocery & Convenience Store Computer & Electronic Repair Parking Lot & Garage Carpet & Flooring Store (Bike/Boat/Book/etc) Store Law Firm

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

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

900
Businesses Nearby

Demographics for 07624, NJ

8,594
Population
2,723
Households
3.2
Avg Household Size
43
Median Age
66%
College-Educated
95%
High-School Grad
3.2 sq mi
ZIP Area
2,686
Density / Sq Mi
$187,500
Median Household Income
$71,462
Median Earnings
$2,651
Median Rent
$820,100
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?
Multifamily property - Updated second-floor home with open living areas, a bonus room, and two dedicated tenant parking spaces.
Where is this multifamily property located?
The property is located at 40 Legion Place 2nd Floor Closter, NJ.
What is the lease rate?
The lease rate is $4,000/Mo.
What are key features of this property?
This property features: Four‑bedroom, one‑bath second‑floor residence; Renovated interior with abundant natural light; Open‑concept layout with connected living spaces
More about this property
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