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Multifamily Property with Finished Basement

449 Borough Lane, Palisades Park, NJ 07650

For Sale
New
$1,675,000

Kitchen islands and new LG appliances add practical functionality to the residence.

Property SizeContact for details
Days on Market6

Property Features for 449 Borough Lane

General Information

Standard status Active
Property subtype Residential Income

Taxes and HOA fees

Annual Taxes $16,493

Amenities

2 Family
Listing Agency: Realty 7, LLC
Listed By: Kenneth Kim
Source: Evrealestate
Added: Nov 9 Changed: Nov 12 Last Checked: Nov 12 at 5:28AM

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 Realty 7, LLC

Rey
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Investment Insights

Based on property information with market context.

This multifamily property at 449 Borough Lane in Palisades Park includes a finished basement with two bedrooms. Kitchens have islands and new LG appliances, while bathrooms feature Porcelanosa tile except in the basement. Updated lighting, new Anderson windows, and new wooden doors and closets are also part of the improvements; the windows, doors, and closets are not included in the basement.

Key Highlights

  • Finished basement includes two bedrooms
  • Kitchen islands and new LG appliances
  • Porcelanosa tile in bathrooms, excluding the basement

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Location Intelligence

Trade Area within ½ mile

1,464
Businesses Nearby

Demographics for 07650, NJ

20,292
Population
7,612
Households
2.7
Avg Household Size
40
Median Age
54%
College-Educated
90%
High-School Grad
1.2 sq mi
ZIP Area
16,910
Density / Sq Mi
$101,295
Median Household Income
$50,817
Median Earnings
$1,976
Median Rent
$704,400
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Properties on Market for Multifamily properties in Bergen County

Jul
Aug
Sep
Oct

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?
Multifamily property - Kitchen islands and new LG appliances add practical functionality to the residence.
Where is this multifamily property located?
The property is located at 449 Borough Lane Palisades Park, NJ.
What is the asking price?
The asking price for this property is $1,675,000.
What are key features of this property?
This property features: Finished basement includes two bedrooms; Kitchen islands and new LG appliances; Porcelanosa tile in bathrooms, excluding the basement
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