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Five20 Views 520 Cliff St 111 Unit Apartment Building $49,950,000 ($450,000/Unit) Fairview, NJ 07022
Investment Highlights
- $200+/mo Rent Upside
- 2020 Year Built
- Panoramic Views Hudson River + Manhattan Skyline
- 100% Market-Rate Units Fully market-rate community with no affordable units
- Balanced Unit Mix 54% 1 Bedroom + 46% 2 Bedroom
- 3 Min Walk to Nearby Bus Stop and ~40 Min to NYC via Bus
Executive Summary
Located on a 2.24-acre ridge with sweeping views of the Hudson River and Manhattan skyline, Five20 Views is Fairview’s premier address for modern luxury living.
Completed in 2020, this five-story, elevator-served community offers 111 boutique one and two-bedroom residences featuring open-concept layouts, floor-to-ceiling
windows, 42” European cabinetry, quartz countertops, and full-size in-unit laundry. Residents enjoy upscale amenities, including a saltwater pool, outdoor hot tub,
24/7 fitness & yoga studios, co-working lounges with designated single co working office units for rent, a dog run, storage cages and abundance of covered and
open parking.
Positioned just off NJ-495, US-1/9, and the George Washington Bridge, the property offers a convenient commute to Midtown Manhattan in under 40 minutes and easyaccess to Bergen Boulevard’s retail and dining options. Nearby outdoor amenities include Overpeck County Park and the Hudson River Walkway. Major employers such as Sanofi, Western Carriers, PJ Warehouse, and Nikko Ceramics are within a ten-minute drive, while Bergen County’s broader economy is supported by global firms including LG Electronics, Samsung, BMW, KPMG, and Quest Diagnostics, along with a strong healthcare presence led by Hackensack University Medical Center and Valley Health System. Blending community, convenience, and sophistication, Five20 Views stands out as one of Bergen County’s most desirable luxury properties with strong rental potential.
For additional information, please visit https://fairview.hudsonatlantic.com
Completed in 2020, this five-story, elevator-served community offers 111 boutique one and two-bedroom residences featuring open-concept layouts, floor-to-ceiling
windows, 42” European cabinetry, quartz countertops, and full-size in-unit laundry. Residents enjoy upscale amenities, including a saltwater pool, outdoor hot tub,
24/7 fitness & yoga studios, co-working lounges with designated single co working office units for rent, a dog run, storage cages and abundance of covered and
open parking.
Positioned just off NJ-495, US-1/9, and the George Washington Bridge, the property offers a convenient commute to Midtown Manhattan in under 40 minutes and easyaccess to Bergen Boulevard’s retail and dining options. Nearby outdoor amenities include Overpeck County Park and the Hudson River Walkway. Major employers such as Sanofi, Western Carriers, PJ Warehouse, and Nikko Ceramics are within a ten-minute drive, while Bergen County’s broader economy is supported by global firms including LG Electronics, Samsung, BMW, KPMG, and Quest Diagnostics, along with a strong healthcare presence led by Hackensack University Medical Center and Valley Health System. Blending community, convenience, and sophistication, Five20 Views stands out as one of Bergen County’s most desirable luxury properties with strong rental potential.
For additional information, please visit https://fairview.hudsonatlantic.com
Property Facts
| Price | $49,950,000 | Building Class | B |
| Price Per Unit | $450,000 | Lot Size | 2.24 AC |
| Sale Type | Investment | Building Size | 80,000 SF |
| No. Units | 111 | No. Stories | 5 |
| Property Type | Multifamily | Year Built | 2019 |
| Property Subtype | Apartment | Opportunity Zone |
Yes
|
| Apartment Style | Mid-Rise | ||
| Zoning | RB | ||
| Price | $49,950,000 |
| Price Per Unit | $450,000 |
| Sale Type | Investment |
| No. Units | 111 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Mid-Rise |
| Building Class | B |
| Lot Size | 2.24 AC |
| Building Size | 80,000 SF |
| No. Stories | 5 |
| Year Built | 2019 |
| Opportunity Zone |
Yes |
| Zoning | RB |
Amenities
Unit Amenities
- Washer/Dryer
- Granite Countertops
- Stainless Steel Appliances
Site Amenities
- Fitness Center
- Pool
- Grill
- Pet Play Area
- Conference Rooms
- Key Fob Entry
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 60 | - | 770 - 825 |
| 2+2 | 51 | - | 1,090 - 1,181 |
Moderately walkable
70/100
Moderately drivable
60/100
Some public transit
40/100
Fairly bikeable
40/100
Property Taxes
| Parcel Number | 18-00720-0000-00001-02 | Improvements Assessment | $26,154,600 |
| Land Assessment | $4,630,000 | Total Assessment | $30,784,600 |
Property Taxes
Parcel Number
18-00720-0000-00001-02
Land Assessment
$4,630,000
Improvements Assessment
$26,154,600
Total Assessment
$30,784,600
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Five20 Views | 520 Cliff St
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