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Apartment Building with Parking
For Sale
$4,100,000

6 Alliotts Place, Palisades Park, NJ 07650

Fourteen-unit multifamily property with a mix of one-bedroom and studio apartments in Palisades Park.

Property SizeContact for details
Days on Market157

Property Features for 6 Alliotts Place

General Information

Standard status Active
Total Parking Spaces 10
Property subtype Commercial Mixed Use

Site & Location

Road Access Yes
Public Transit Yes

Units

Unit Mix 12 x 1BR/1BA, 2 x studio
Multifamily Units 14

Building Details

Buildings 1
Listing Agency: Realty 7, LLC
Listed By: Byung Chung
Source: Betterhomerealestate
Added: Mar 27 Changed: Aug 28 Last Checked: Aug 29 at 10:19AM

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

Investment Insights

Based on property information with market context.

This 14-unit multifamily building in Palisades Park includes 12 one-bedroom, one-bath apartments and 2 studio apartments. One unit is occupied by an on-site building superintendent. The property also includes 10 parking spaces, a roof less than 5 years old, a sewer line replaced 5 years ago, and replaced emergency lights.

The location provides access to local shops, dining, and New York City public transportation. The unit mix combines conventional one-bedroom apartments with studio units, offering a straightforward multifamily configuration in a transit-accessible setting.

Key Highlights

  • 14‑unit multifamily building with 12 one‑bedroom/one‑bath apartments and 2 studios
  • 10 parking spaces included
  • One unit occupied by an on‑site Building Superintendent

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Parking Lot & Garage (Bike/Boat/Book/etc) Store Veterinary Clinic Florist Plumbing Service Nursing Home

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

14
Residential units
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

1,885
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

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Apartment building - Fourteen-unit multifamily property with a mix of one-bedroom and studio apartments in Palisades Park.
Where is this apartment building located?
The property is located at 6 Alliotts Place Palisades Park, NJ.
What is the asking price?
The asking price for this property is $4,100,000.
What are key features of this property?
This property features: 14‑unit multifamily building with 12 one‑bedroom/one‑bath apartments and 2 studios; 10 parking spaces included; One unit occupied by an on‑site Building Superintendent
More about this property
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