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Duplex with Solar Panels
For Sale
$1,350,000

561 Grand Avenue, Leonia, NJ 07605

A renovated residential property includes a finished attic and basement, plus a garage for two vehicles.

Property SizeContact for details
Days on Market16

Property Features for 561 Grand Avenue

General Information

Standard status Active
Property subtype Multi-Family

Building Details

Year Built 1920
Listing Agency: Acre NJ LLC
Listed By: Gordon F. Tsang · License #1029044
Source: Pickpina
Added: Sep 28 Changed: Sep 29 Last Checked: Oct 12 at 5:24PM

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 Acre NJ LLC

Investment Insights

Based on property information with market context.

This renovated duplex in Leonia includes two rented units and an additional bonus unit. The property also has solar panels, a finished attic, a finished basement, and a two-car garage. Built in 1920, it offers multiple finished areas alongside its residential units.

Units 1 and 2 are currently rented. The bonus unit is described as suitable for extended family or rental use.

Key Highlights

  • Two residential units are currently rented
  • Additional bonus unit
  • Solar panels and a two‑car garage

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick Barber Shop Locksmith Garden Center Home Appliance Store Catering Service (Bike/Boat/Book/etc) Store

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

861
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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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?
Duplex - A renovated residential property includes a finished attic and basement, plus a garage for two vehicles.
Where is this duplex located?
The property is located at 561 Grand Avenue Leonia, NJ.
What is the asking price?
The asking price for this property is $1,350,000.
What are key features of this property?
This property features: Two residential units are currently rented; Additional bonus unit; Solar panels and a two‑car garage
More about this property
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