Building Details

Year Built 9999

Units 2

Listing Agency: YOUR TOWN REALTY, LLC r***@yourtownbroker.com Show Phone

Listed By: RONNIE GLOMB · License #790072

Source: Elliman

Added: May 9 Changed: Aug 30 Last Checked: Aug 30 at 11:01PM

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Investment Insights

Based on property information with market context.

This lakefront multifamily property comprises two residences on 1.17 acres along Panther Lake. The main home offers 4 bedrooms, 2 full baths, cedar shake siding, hardwood flooring, exterior decks, and a 2-car garage below. A separate 1-bedroom cottage includes a full bath and full-glass windows oriented toward the lake and surrounding wildlife.

The property has been used for short-term rental activity, with the cottage recently operated as an Airbnb. Its setting provides direct lakefront views and outdoor space for relaxation and entertaining. The property is located 50 miles from Manhattan and 35 minutes from Mountain Creek and Camelback ski areas, with shopping, restaurants, and entertainment nearby.

Key Highlights

• Two lakefront residences on a 1.17‑acre lot
• Main home with 4 bedrooms, 2 full baths, and a 2‑car garage
• Separate 1‑bedroom cottage with full bath

Property Analytics

Current Use

Short term rental ...

Suggested Use

Top Pick Auto Repair Shop Real Estate Agency Auto Parts Store Electrical Service Garden Center Building Supply

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

57

Businesses Nearby

Explore this area Business Placement

Demographics for 07821, NJ

8,877

Population

3,779

Households

2.3

Avg Household Size

45

Median Age

53%

College-Educated

97%

High-School Grad

42.8 sq mi

ZIP Area

207

Density / Sq Mi

$145,100

Median Household Income

$65,963

Median Earnings

$1,646

Median Rent

$401,900

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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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?

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Frequently Asked Questions

What type of property is this?

Multifamily property - Two lakefront residences include a primary home and a one-bedroom cottage with established short-term rental use.

Where is this multifamily property located?

The property is located at 6 Jans Way Byram Twp, NJ.

What is the asking price?

The asking price for this property is $670,000.

What are key features of this property?

This property features: Two lakefront residences on a 1.17‑acre lot; Main home with 4 bedrooms, 2 full baths, and a 2‑car garage; Separate 1‑bedroom cottage with full bath