490 Broad Ave Leonia, NJ 07605
For Sale
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Horvath & Tremblay is pleased to present the exclusive opportunity to purchase the multi-family investment property located at 490 Broad Ave in Leonia, NJ (the “Property”). The three-story building contains two (2) 2-Bedroom/1-Bathroom units and four (4) 1-Bedroom/1-Bathroom units with 3,400 square feet of gross area. The Property is situated upon a 0.22- acre parcel and features off-street parking, including an on-site garage. 490 Broad Avenue is strategically positioned along Leonia’s primary commercial corridor, offering direct access to the borough’s neighborhood retail base, surrounding residential communities, and nearby employment centers. The property benefits from immediate frontage on Broad Avenue (U.S. Route 9W), a key north–south artery connecting Leonia to Englewood, Palisades Park, and Fort Lee. Its proximity to Interstate 95 (New Jersey Turnpike) and Route 4 provides efficient regional connectivity throughout Northern New Jersey and into New York City, which is located just minutes away via the George Washington Bridge
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.