Building Details

Year Built 2020

Listed By: Michael Akkus Show Phone

Source: Theakkusgroup

Added: Sep 2 Changed: Sep 4 Last Checked: Sep 5 at 7:29AM

Report an Issue

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 Michael Akkus

Investment Insights

Based on property information with market context.

This multifamily property at 506 Undercliff Avenue in Edgewater, New Jersey, was built in 2020. The available property information identifies the asset as a multifamily property and provides no additional details regarding unit count, layout, finishes, amenities, or operating characteristics.

Key Highlights

• Built in 2020
• Located at 506 Undercliff Avenue, Edgewater, NJ 07020

Property Analytics

Property Profile

Current Use

Multifamily properties

Suggested Use

Top Pick Law Firm Daycare Center Storage Facility Parking Lot & Garage (Bike/Boat/Book/etc) Store Food Market

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,275

Businesses Nearby

Explore this area Business Placement

Demographics for 07020, NJ

14,336

Population

7,601

Households

1.9

Avg Household Size

40

Median Age

74%

College-Educated

97%

High-School Grad

1.0 sq mi

ZIP Area

14,336

Density / Sq Mi

$137,847

Median Household Income

$102,682

Median Earnings

$2,645

Median Rent

$723,400

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

Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

What type of property is this? Where is this multifamily properties located? What is the asking price? Find similar properties What are key features of this property?

Similar For Sale Nearby

Waterfront Residential Income Property

340 The Promenade, Edgewater, NJ 07020

$609,000

1,500 SF

View details

Waterfront 1-Bedroom Condominium

345 The Promenade, Edgewater, NJ 07020

$475,000

850 SF

View details

Retail Space with Mezzanine

254 Old River Road, Edgewater, NJ 07020

Contact for pricing

500 SF

View details

Four-Level Duplex with Roof Deck

1228 River Rd, Edgewater, NJ 07020

$1,690,000

4,500 SF

View details

Approved Hotel Development Opportunity

163 Old River Rd, Edgewater, NJ 07020

Contact for pricing

99,285 SF

View details

New Construction Duplex with Elevator

392 Undercliff Ave Unit 1, Edgewater, NJ 07020

$2,195,000

View details

Four-Level Duplex with Rooftop Deck

14 Valley Place, Edgewater, NJ 07020

$1,548,000

View details

Three-Unit Triplex

6 Old Wood Road, Edgewater, NJ 07020

$1,600,000

View details

Office Building for Sale

24-32 Dempsey Avenue, Edgewater, NJ 07020

$1,490,000

View details

Open-Plan Storefront Property

53 Gorge, Edgewater, NJ 07020

Contact for pricing

View details

Rebuilt Commercial Building For Sale

18 Dempsey Ave, Edgewater, NJ

Contact for pricing

5,206 SF

View details

Ground-Floor Office Unit

17 Hilliard Avenue, #Ground Floor, Edgewater, NJ 07020

Contact for pricing

View details

Frequently Asked Questions

What type of property is this?

Multifamily property - Constructed in 2020 for contemporary residential income use.

Where is this multifamily property located?

The property is located at 506 Undercliff Avenue Edgewater, NJ.

What is the asking price?

The asking price for this property is $2,199,000.

What are key features of this property?

This property features: Built in 2020; Located at 506 Undercliff Avenue, Edgewater, NJ 07020