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Property profile & analytics
FOR SALE
Apartment buildings

490 Broad Ave Leonia, NJ 07605

3,400 SF Built 1930
Property ID
US59-1307796
Property summary
AI-generated overview

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

Property profile
Verified
Property type Apartment buildings
Year built 1930
Total area 3,400 SF
UPID US59-1307796
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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