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    552 Valley Brook Ave Lyndhurst, NJ 07071

    Sponsored
    For Sale
    $739,000

    Prime Lyndhurst location, 3-unit multifamily.

    Property size:
    3,600 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional mixed-use property at 552 Valley Brook Ave, Lyndhurst, NJ 07071, presents a unique investment opportunity. Boasting 3,600 square feet across three stories, this building offers a compelling blend of residential and commercial space. The property includes three units, providing immediate rental income. The building features six bedrooms and three bathrooms, along with 1,200 square feet of additional storage space ideal for a home-based business. Two dedicated office spaces are also included, enhancing the property's versatility. The building underwent renovations in 2015 and is situated in a highly convenient location, benefiting from its proximity to UPS, USPS, and Amazon pickup zones. The property is zoned for mixed use, allowing for a variety of commercial applications. This 100% ownership opportunity is priced at $739,000, translating to $205.28 per square foot. The property is available for occupancy on April 30, 2024, and is suitable for a 1031 exchange. This is an owner-user investment, perfect for those seeking a blend of residential living and commercial operations. The building's 3,600 square feet of air rights offer potential for future expansion. This is an investor-only opportunity.

    Property Features for 552 Valley Brook Ave

    General Information

    Property type
    Multifamily properties
    Square Feet
    3,600 SF

    Building Details

    Year Renovated
    2015
    Buildings
    1
    Stories
    3
    Units
    3

    HighLights

    • Six‑bedroom multifamily property.
    • Two home offices included.
    • 1200 square feet of on‑site storage.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Lyndhurst
    County
    Bergen
    State
    New Jersey
    Longitude
    -74.1198898
    Latitude
    40.8091515

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    FAQs

    What type of property is this?
    Multifamily property - Prime Lyndhurst location, 3-unit multifamily.
    Where is this multifamily property located?
    The property is located at 552 Valley Brook Ave Lyndhurst, NJ.
    What is the asking price?
    The asking price for this property is $739,000.
    What are key features of this property?
    This property features: Six-bedroom multifamily property.; Two home offices included.; 1200 square feet of on-site storage.
    Request Owner's contact information
    552 Valley Brook Ave Lyndhurst, NJ 07071
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    552 Valley Brook Ave Lyndhurst, NJ 07071
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