Log In/Sign Up
Your email has been sent.
315 Railroad Ave
East Rutherford, NJ 07073
315 Railroad · Multifamily Property For Sale
·
23 Units
INVESTMENT HIGHLIGHTS
- $350+/mo Rent Upside
- Strategic Unit Distribution 19 Market Rate & 4 Affordable Units
- ~20 Min to NYC via Train
- 2025 New Luxury Construction
- 8 Min Walk to Nearby Train Station to NYC
EXECUTIVE SUMMARY
Railroad Lofts at East Rutherford is a newly constructed residential property completed in 2025, featuring 23 modern apartment units in East Rutherford, New Jersey. The building offers a balanced mix of units, including four affordable apartments ranging from one to three bedrooms, alongside market-rate units that feature one bedroom lofts and two-bedroom apartments with private balconies. The property presents a potential rental upside of approximately $350 per month, offering a clear opportunity to increase income. As a newly constructed multiple dwelling under New Jersey law, the asset benefits from a 30-year exemption from local rent control ordinances, enhancing long-term revenue stability.
The property is conveniently located just an 8-minute walk from a nearby train station, providing an approximate 20-minute commute to Midtown Manhattan. Residents enjoy easy access to a variety of shopping, dining, and entertainment destinations, including American Dream and the Meadowlands Sports Complex. The area also offers numerous public and private schools, making it an attractive choice for families. Major employers such as Oracle, Lowe’s, Starbucks, and Honeywell are within close reach, and the nearby Route 17, Route 3, and Interstate 95 ensure quick regional connectivity, making Railroad Lofts at East Rutherford a well-positioned property for both lifestyle and convenience.
Visit for additional information: https://eastrutherford.hudsonatlantic.com
The property is conveniently located just an 8-minute walk from a nearby train station, providing an approximate 20-minute commute to Midtown Manhattan. Residents enjoy easy access to a variety of shopping, dining, and entertainment destinations, including American Dream and the Meadowlands Sports Complex. The area also offers numerous public and private schools, making it an attractive choice for families. Major employers such as Oracle, Lowe’s, Starbucks, and Honeywell are within close reach, and the nearby Route 17, Route 3, and Interstate 95 ensure quick regional connectivity, making Railroad Lofts at East Rutherford a well-positioned property for both lifestyle and convenience.
Visit for additional information: https://eastrutherford.hudsonatlantic.com
PROPERTY FACTS
| Price Per Unit | $0 | Building Class | B |
| Sale Type | Investment | Lot Size | 0.74 AC |
| No. Units | 23 | Building Size | 24,788 SF |
| Property Type | Multifamily | No. Stories | 3 |
| Property Subtype | Apartment | Year Built | 2025 |
| Apartment Style | Low-Rise | ||
| Zoning | LM | ||
| Price Per Unit | $0 |
| Sale Type | Investment |
| No. Units | 23 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | B |
| Lot Size | 0.74 AC |
| Building Size | 24,788 SF |
| No. Stories | 3 |
| Year Built | 2025 |
| Zoning | LM |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Balcony
- Washer/Dryer
- Heating
- Kitchen
- Refrigerator
- Oven
- Range
- Tub/Shower
- Freezer
- Intercom
SITE AMENITIES
- 24 Hour Access
- Controlled Access
- Courtyard
- Security System
- Tenant Controlled HVAC
- Video Patrol
- Package Service
- Pet Play Area
- Smoke Free
- Bicycle Storage
- Car Charging Station
- Online Services
- Public Transportation
- Walk-Up
- Smoke Detector
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 1+1 | 15 | - | 664 - 1,155 |
| 2+1 | 2 | - | 960 |
| 2+2 | 5 | - | 945 - 992 |
| 3+1 | 1 | - | 1,254 |
PROPERTY TAXES
| Parcel Number | 12-00052-0000-00008 | Improvements Assessment | $230,000 |
| Land Assessment | $1,150,000 | Total Assessment | $1,380,000 |
PROPERTY TAXES
Parcel Number
12-00052-0000-00008
Land Assessment
$1,150,000
Improvements Assessment
$230,000
Total Assessment
$1,380,000
1 of 9
VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
