3-Unit Mid-Rise Multifamily
6813 Park Ave Guttenberg, NJ 07093
For Sale
$999,999
Historic 3-unit mid-rise built in 1900 and renovated in 2010, offered with 100% occupancy opportunity.
Property Size4,088 SF
Price / SF$244.62
Days on Market155
Property Features for 6813 Park Ave
General Information
- Standard status
- Active
- Size
- 4,088 SF
- Property subtype
- MultiFamily Apartments
Building Details
- Year Built
- 1900
Listing Agency:
Keller Williams City Views Realty
(201) 315-1223
Listed By:
Bruce Elia
(201) 315-1223
Source:
Thebrokerlist
Added: Feb 18
Changed: Jul 23
Last Checked: Jul 23 at 5:34PM
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.
The property at 6813 Park Ave is a historic 3-unit mid-rise multifamily building containing 4,088 square feet. Built in 1900 and renovated in 2010, it is currently presented as a maintained income-producing asset. The offering is described as having 100% occupancy opportunity.
The building is zoned for commercial use (C zoning). It is located in Guttenberg, in Northern New Jersey.
As a three-unit structure, the property offers a straightforward residential income configuration with established improvements from the 2010 renovation.
The building is zoned for commercial use (C zoning). It is located in Guttenberg, in Northern New Jersey.
As a three-unit structure, the property offers a straightforward residential income configuration with established improvements from the 2010 renovation.
Key Highlights
- 3‑unit mid‑rise multifamily property totaling 4,088 SF
- Built in 1900; renovated in 2010
- Zoned C for commercial use
Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $104.5k | $25.56 |
| − Vacancy | −$6.8k | −$1.65 |
| EGI | $97.7k | $23.91 |
| − OpEx | −$29.3k | −$7.17 |
| NOI | $68.4k | $16.74 |
4,088 SF · lease $25.56/SF/yr · vacancy 6.46% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$977.4K
$855.2K – $1.14M
NOI $68,417 @ 7.0% cap · market cap 6.84%
Second Best
Apartment 5plus
$898.1K
$785.8K – $1.05M
NOI $62,865 @ 7.0% cap · market cap 6.29%
Theoretical Best
Warehouse
$1.48M
$1.30M – $1.73M
NOI $103,621 @ 7.0% cap · market cap 10.36%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Triplexes
FAQs
What type of property is this?
Triplex - Historic 3-unit mid-rise built in 1900 and renovated in 2010, offered with 100% occupancy opportunity.
Where is this triplex located?
The property is located at 6813 Park Ave Guttenberg, NJ.
What is the asking price?
The asking price for this property is $999,999.
What are key features of this property?
This property features: 3‑unit mid‑rise multifamily property totaling 4,088 SF; Built in 1900; renovated in 2010; Zoned C for commercial use
