Multifamily

Totowa, NJ Multifamily Properties for Sale

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Paterson, NJ Haledon, NJ Hawthorne, NJ
Former Senior Housing Community
Updated: Jul 27, 2024
Former Senior Housing Community

140 Shepherds Ln, Totowa, NJ 7512

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160,275 sqft
Large 160,000+ sq ft property suitable for healthcare or residential redevelopment.
Previously a skilled nursing facility, equipped with existing infrastructure for healthcare use.
Prime location in Totowa, NJ, with easy access to major highways and public transportation.
Ideal for adaptive reuse as multifamily housing (free market or tax credit) or senior housing.
Opportunity to capitalize on growing demand for elder care facilities and residential rental housing in the Metropolitan area.
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Based on your search, we've compiled 9 Potential Opportunities for your consideration. Besides 1 Active listings in Totowa, NJ, we suggest exploring several alternatives: 4 properties in Nearby Cities, plus 4 Land Listings that present a potential for development.

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Mixed-Use Storefront with Apartment
Mixed-Use Storefront with Apartment

572 Union Blvd, Totowa Boro, NJ 07512

$999,999
5,200 sqft · 0.17 AC lot

Fixer-upper mixed-use property with storefront space, attached garage, apartment, finished basement, and a fenced backyard.

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Well-Maintained Multi-Level Home
Well-Maintained Multi-Level Home

179 Dewey Ave, Totowa Boro, NJ 07512

$549,000
0.09 AC lot

Spacious multi-level home near schools, parks, shopping, and transportation.

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Turnkey Three-Unit Residential Triplex
Turnkey Three-Unit Residential Triplex

85 BERKSHIRE AVE, Paterson, NJ 07502

$675,000

Renovated and fully rented three-unit property with separate utilities and four on-site parking spaces.

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Turnkey Three-Unit Residential Income
Turnkey Three-Unit Residential Income

85 Berkshire Ave, Paterson, NJ 07502

$675,000
0.16 AC lot

Turnkey, renovated three-unit residential property with separate utilities and on-site parking for tenant convenience.

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Potential Development Sites for Consideration

Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

Brooklyn Two-Family Home with Development Potential
Brooklyn Two-Family Home with Development Potential

69 Martense Street, Brooklyn, NY 11226

$1,888,888
2,660 sqft · 0.10 AC lot

Two-family home on a large lot with significant development potential.

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Flatbush Development Property For Sale
Flatbush Development Property For Sale

14 E 32nd Street lot: 13, Brooklyn, NY 11226

$1,249,000
1,407 sqft · 0.09 AC lot

40 x 100 lot with R6, C1-2 zoning.

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Expansive Land Parcel in Holmes
Expansive Land Parcel in Holmes

545 Grape Hollow Road, Holmes, NY 12531

$750,000
2,480 sqft · 75.32 AC lot

75+ acre land parcel with garage near I-84.

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Land Near Camelback Resort
Land Near Camelback Resort

250 Big Hill Pass, Scotrun, PA 18355

Contact for pricing
0.18 AC lot

Open lot near Camelback, suitable for RV, tiny home, or mobile.

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Totowa, NJ Multifamily Properties Market Trends and Statistics

Explore 1 multifamily properties for sale in Totowa, NJ on our real estate platform. These investment opportunities span a total of 160,275 square feet of properties for sale, with an estimated market value of $0.00.

Sale prices for multifamily properties in Totowa, NJ start at $0.00, averaging $0.00, and reaching up to $0.00 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Demographics Overview

Population 28K
Population Growth (5Y) +2.5%
Median Household Income $86,149
College Educated 23.0%

Taxes & Financing

Tax Rate (average for all types) 2.51%
Property Tax per SF $12.09 per SF
Tax Rate vs County Average 1.84 pp below county avg
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Passaic County

New Delisted

Total CRE Inventory on Market (SF)

Average Property Price per SF

For-sale pricing trends across core commercial property types in Passaic County

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Residential Income

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