Listing Agency: Fort Lee c***@kw.com Show Phone

Listed By: J. Camilo Ramirez · License #1435828 Show Phone

Source: Kw

Added: Feb 6 Changed: Aug 27 Last Checked: Aug 31 at 12:43AM

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Investment Insights

Based on property information with market context.

This is a recently renovated 3-bedroom apartment located on the second floor of a multi-family home. The apartment features a modern kitchen with stylish cabinetry and quartz countertops. The living space covers an area of 805 square feet and includes three bedrooms. The unit is equipped with central heating. The tenant is responsible for electric and gas bills.

Key Highlights

• Recently renovated 3‑bedroom apartment.
• Modern kitchen with stylish cabinetry and quartz countertop.
• Central heating.

Property Analytics

Property Profile

Current Use

Multifamily properties

Suggested Use

Top Pick Real Estate Agency Big Box & Wholesale Store Storage Facility Auto Parts Store Law Firm Hotel & Motel

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

367

Businesses Nearby

Explore this area Business Placement

Demographics for 07504, NJ

13,413

Population

4,105

Households

3.3

Avg Household Size

36

Median Age

18%

College-Educated

85%

High-School Grad

0.8 sq mi

ZIP Area

16,766

Density / Sq Mi

$67,269

Median Household Income

$37,024

Median Earnings

$1,426

Median Rent

$369,600

Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022

4.6% 2023

5.3% 2024

5.6% 2025

Questions? Ask Rey

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Frequently Asked Questions

What type of property is this?

Multifamily property - Recently renovated 3-bedroom apartment in a multi-family home.

Where is this multifamily property located?

The property is located at 468-470 Park #2 Paterson, NJ.

What is the lease rate?

The lease rate is $2,200/Mo.

What are key features of this property?

This property features: Recently renovated 3‑bedroom apartment.; Modern kitchen with stylish cabinetry and quartz countertop.; Central heating.