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403 Anderson Ave 14 Unit Apartment Building $4,000,000 ($285,714/Unit) Fairview, NJ 07022
Investment Highlights
- Situated in a quiet, established residential neighborhood within Fairview.
- Offers convenient access to major roadways and public transportation.
- Close to local retail, dining, and everyday services.
- Well positioned for long-term multifamily ownership in a stable housing market.
Executive Summary
Brick building
Property offers covered parking and Common Laundry Room
NYC Bus stops in front of building. Close to shops, parks, houses of worship, transportation
Property offers covered parking and Common Laundry Room
NYC Bus stops in front of building. Close to shops, parks, houses of worship, transportation
Property Facts
| Price | $4,000,000 | Building Class | C |
| Price Per Unit | $285,714 | Lot Size | 0.19 AC |
| Sale Type | Investment | Building Size | 10,700 SF |
| No. Units | 14 | No. Stories | 3 |
| Property Type | Multifamily | Year Built | 1966 |
| Property Subtype | Apartment | Parking Ratio | 0.86/1,000 SF |
| Apartment Style | Low-Rise | ||
| Zoning | RD, Fairview - Residential | ||
| Price | $4,000,000 |
| Price Per Unit | $285,714 |
| Sale Type | Investment |
| No. Units | 14 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.19 AC |
| Building Size | 10,700 SF |
| No. Stories | 3 |
| Year Built | 1966 |
| Parking Ratio | 0.86/1,000 SF |
| Zoning | RD, Fairview - Residential |
Amenities
Unit Amenities
- Heating
- Refrigerator
- Oven
- Tub/Shower
- Freezer
Site Amenities
- 24 Hour Access
- Controlled Access
- Laundry Facilities
- Tenant Controlled HVAC
- Smoke Detector
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 14 | - | - |
1 1
Exceptionally walkable
90/100
Moderately drivable
60/100
Some public transit
50/100
Fairly bikeable
50/100
Property Taxes
| Parcel Number | 18-00408-0000-00043 | Improvements Assessment | $1,504,300 |
| Land Assessment | $630,000 | Total Assessment | $2,134,300 |
Property Taxes
Parcel Number
18-00408-0000-00043
Land Assessment
$630,000
Improvements Assessment
$1,504,300
Total Assessment
$2,134,300
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403 Anderson Ave
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