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Investment Highlights
- New construction
- Elevator
- Elite Bergen County area
- Both indoor and outdoor parking available for 42 total spaces
- Separate utilities
Executive Summary
This beautifully constructed, newly built apartment community offers investors the rare opportunity to acquire a turnkey asset in one of Bergen County's most desirable and supply-constrained rental markets. Featuring modern construction, attractive curb appeal, and thoughtfully designed residences, the property is well-positioned to attract and retain high-quality tenants.
The benefits of new construction provide ownership with minimal near-term capital expenditure requirements, modern building systems, and strong long-term investment fundamentals. Residents enjoy a highly desirable location with convenient access to local shopping, dining, parks, major highways, and transportation routes serving both Northern New Jersey and New York City.
For investors seeking a high-quality, low-maintenance multifamily asset with excellent long-term growth potential, 9-13 Lincoln Avenue represents a compelling opportunity.
Ridgefield Park continues to experience strong rental demand due to its unique combination of suburban charm, walkability, and proximity to major employment centers throughout the region. The borough's established residential character and Bergen County location further support long-term value appreciation and stable occupancy.
The benefits of new construction provide ownership with minimal near-term capital expenditure requirements, modern building systems, and strong long-term investment fundamentals. Residents enjoy a highly desirable location with convenient access to local shopping, dining, parks, major highways, and transportation routes serving both Northern New Jersey and New York City.
For investors seeking a high-quality, low-maintenance multifamily asset with excellent long-term growth potential, 9-13 Lincoln Avenue represents a compelling opportunity.
Ridgefield Park continues to experience strong rental demand due to its unique combination of suburban charm, walkability, and proximity to major employment centers throughout the region. The borough's established residential character and Bergen County location further support long-term value appreciation and stable occupancy.
Property Facts
| Sale Type | Investment | Building Class | B |
| No. Units | 29 | Lot Size | 0.36 AC |
| Property Type | Multifamily | Building Size | 30,000 SF |
| Property Subtype | Apartment | No. Stories | 3 |
| Apartment Style | Low-Rise | Year Built | 2022 |
| Zoning | C1H | ||
| Sale Type | Investment |
| No. Units | 29 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | B |
| Lot Size | 0.36 AC |
| Building Size | 30,000 SF |
| No. Stories | 3 |
| Year Built | 2022 |
| Zoning | C1H |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 21 | - | 605 - 650 |
| 2+1 | 3 | - | 765 |
| 2+2 | 5 | - | 909 - 1,020 |
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Very walkable
80/100
Moderately drivable
70/100
Some public transit
50/100
Fairly bikeable
40/100
Property Taxes
| Parcel Number | 50-00087-0000-00005 | Improvements Assessment | $3,504,900 |
| Land Assessment | $1,015,000 | Total Assessment | $4,519,900 |
Property Taxes
Parcel Number
50-00087-0000-00005
Land Assessment
$1,015,000
Improvements Assessment
$3,504,900
Total Assessment
$4,519,900
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