480 Walker St

Investment Overview

480 Walker St is a free-standing, all-brick 4-family building in Fairview, NJ. The property contains four residential units in a top/bottom quadplex layout across 4,832 SF of building area on a 5,249 SF lot, zoned R. The building is block construction with an all-brick exterior and is separately metered for electric, gas, and water, with HVAC in place. Every unit is served by garage parking plus an additional tandem parking space — a rare amenity in this market and a meaningful driver of rent and tenant retention. Current rents are well below market, offering a new owner immediate and significant value-add potential. With a straightforward repositioning of the rent roll, there is strong upside in rental income and cash flow, making this an attractive opportunity for an investor seeking a well-built, low-maintenance asset with room to grow.

Investment Highlights

• All-brick 4-family building
• Low current rents
• Significant value-add potential
• Strong upside in rental income
• Garage and tandem parking for every unit
• Free-standing building
• Separately metered electric, gas, and water
• Top/bottom quadplex layout