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5-Unit Townhouse Apartment Building
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91 W Oakland Ave, Oakland, NJ 07436

Newly built, fully leased residential income property with attached garages, private outdoor areas, and consistent layouts.

Property SizeContact for details
Days on Market144

Property Features for 91 W Oakland Ave

General Information

Standard status Active
Property subtype Multifamily
Occupancy 100%

Units

Unit Mix 5 x 2BR/1.5BA
Multifamily Units 5

Additional Details

Cap Rate 5%
Listing Agency: Berkshire Hathaway HomeServices Abbott Realtors
Listed By: Robert Abbott · License #NJ 8330408
Source: Crexi
Added: Apr 11 Changed: Aug 31 Last Checked: Aug 30 at 4:19PM

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 Berkshire Hathaway HomeServices Abbott Realtors

Investment Insights

Based on property information with market context.

This newly built apartment property contains five identical townhouse residences, each offering 1,500 SF across three finished levels. The main level combines living and dining space with an eat-in kitchen, half bathroom, attached garage, and deck. Upstairs are two bedrooms with walk-in closets, a full bathroom, and a laundry room. The finished lower level adds a family room and patio.

Located at 91 W Oakland Ave in Oakland, NJ, the property is fully leased and includes one COAH unit. The asset produces a 5% cap rate and is designed around a consistent five-unit configuration.

Key Highlights

  • Five identical townhouse‑style apartment units, each measuring 1,500 SF
  • New development with all five units fully leased
  • Each residence includes two bedrooms, walk‑in closets, and a laundry room

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Law Firm Real Estate Agency Parking Lot & Garage Storage Facility Auto Parts Store (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.

Lease Details

5
Residential units
100%
Occupancy

Location Intelligence

Trade Area within ½ mile

648
Businesses Nearby

Demographics for 07436, NJ

12,750
Population
4,680
Households
2.7
Avg Household Size
44
Median Age
54%
College-Educated
97%
High-School Grad
8.5 sq mi
ZIP Area
1,500
Density / Sq Mi
$162,763
Median Household Income
$69,360
Median Earnings
$1,466
Median Rent
$566,900
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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Frequently Asked Questions

What type of property is this?
Apartment building - Newly built, fully leased residential income property with attached garages, private outdoor areas, and consistent layouts.
Where is this apartment building located?
The property is located at 91 W Oakland Ave Oakland, NJ.
What are key features of this property?
This property features: Five identical townhouse‑style apartment units, each measuring 1,500 SF; New development with all five units fully leased; Each residence includes two bedrooms, walk‑in closets, and a laundry room
(201) 891-2223 Call to check price and availability
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