Fully Occupied 12-Unit Apartment Building with Value-Add Potential

Investment Overview

Attractive, fully leased ±9,478 SF brick-faced apartment building situated on ±0.32 acres. Property features 12 well-maintained residential units.

Investment Highlights

• Building consists of twelve ±790 SF one bedroom, one bathroom apartments
• New appliances
• Most apartments renovated with new bathrooms, kitchens and granite countertops
• Recent renovations make upgraded units easy to turn over
• All units have both a front entrance and rear terrace
• Laundry facility and individual storage spaces on premise
• Newly paved parking lot
• Quiet neighborhood with onsite and offsite parking
• Tenants pay all utilities, except for water
• Property tax $35,404 (2025)
• Owners are NJ Licensed Real Estate Brokers