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6-Unit Brick Apartment Building
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For Sale
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473 Grand Avenue, Leonia, NJ 07605

The occupied property combines a varied apartment mix with resident parking and separately metered electric and cooking gas.

Property SizeContact for details
Lot Size0.21 Acres
Days on Market2

Property Features for 473 Grand Avenue

General Information

Standard status Active
Total Parking Spaces 6
Lot size 0.21 Acres
Property subtype 5+ Mixed Units
Occupancy 100%

Units

Unit Mix 5 x 2BR/1BA, 1 x 1BR/1BA
Multifamily Units 6
Parking per Unit 1

Additional Details

Gross Income $104,826
Sprinkler System Yes

Building Details

Year Built 1960
Stories 3
Construction brick
Tenancy Multi
Listing Agency: Keller Williams City Views Realty
Listed By: Scott Selleck
Source: Capmarkrealty
Added: Sep 26 Last Checked: Sep 26 at 3:11PM

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 City Views Realty

Investment Insights

Based on property information with market context.

At 473 Grand Avenue in Leonia, this three-story brick apartment property contains six units: five with two bedrooms and one bathroom, plus one with one bedroom and one bathroom. All units are occupied. The 9,043-square-foot lot measures 76 x 119 and includes six rear parking spaces, one assigned to each apartment. Three kitchens have been updated, and windows were replaced over time.

Recent work includes a central fire sprinkler system and monitored wireless alarm installed in 2025, exterior stucco masonry completed in November 2025, a hot water heater installed in January 2026, and a new blacktop parking area. The property holds a current New Jersey Department of Community Affairs state inspection certificate. Electric and cooking gas are separately metered; the owner pays for water, sewer, heat, hot water, and common lighting.

Key Highlights

  • Six apartments: five 2BR/1BA units and one 1BR/1BA unit
  • 100 percent occupied
  • 9,043‑square‑foot lot measuring 76 x 119, with six rear parking spaces

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Real Estate Agency Dental Office Auto Parts Store Restaurant Barber Shop Storage Facility

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

6
Residential units
100%
Occupancy
Multi-tenant
Tenancy
Yes
Sprinkler system

Location Intelligence

Trade Area within ½ mile

674
Businesses Nearby

Demographics for 07605, NJ

9,324
Population
3,581
Households
2.6
Avg Household Size
44
Median Age
61%
College-Educated
92%
High-School Grad
1.5 sq mi
ZIP Area
6,216
Density / Sq Mi
$115,476
Median Household Income
$66,632
Median Earnings
$2,122
Median Rent
$634,500
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?
Apartment building - The occupied property combines a varied apartment mix with resident parking and separately metered electric and cooking gas.
Where is this apartment building located?
The property is located at 473 Grand Avenue Leonia, NJ.
What are key features of this property?
This property features: Six apartments: five 2BR/1BA units and one 1BR/1BA unit; 100 percent occupied; 9,043‑square‑foot lot measuring 76 x 119, with six rear parking spaces
More about this property
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