105 Parkview Avenue, Elmwood Park, NJ 07407

Elmwood Park
Local realty services provided by:Better Homes and Gardens Real Estate Realty Connect
105 Parkview Avenue,Elmwood Park, NJ 07407
$650,000
  • - Beds
  • - Baths
  • - sq. ft.
  • Multi-family
  • Active
Listed by: burak brian bilgec
Office: united real estate888-501-6953
MLS#:26005110
Source:NJ_MLS

Price summary

  • Price:$650,000

About this home

Turnkey, cash-flowing investment in North Jersey. NJ state-licensed boarding house with 8 furnished rooms, 100% occupied and generating ~$7,225/mo ($86,700/yr) in gross income from rooms, parking and Wi-Fi. Current NOI is approximately $60,000/yr (~9.2% cap rate at list price), with upside through modest rent increases toward $900/room. Tenants average about one-year stays, and several are long-term. Each room comes furnished with a bed, dresser, TV and window A/C. The home has two shared kitchens and two shared bathrooms (one per floor), plus a top-floor room with a private half bath. Two-car detached garage, rented separately for added income. Professionally managed for 4 years, with a licensed on-site operator, established tenant screening and full-service management available to the next owner. Updates include roof and chimney (2022), heating system (2020) and security cameras (2024). Borough resale CO issued 2026. Buyer to verify all financials, zoning and licensing.

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Home facts

  • Listing ID #:26005110
  • Added:270 day(s) ago
  • Updated:November 13, 2026 at 04:49 PM

Finances and disclosures

  • Price:$650,000
  • Tax amount:$8,529
MLS Logo The data relating to the real estate for sale on this web site comes in part from the Internet Data Exchange Program of the NJMLS. Real estate listings held by brokerage firms other than Better Homes and Gardens Real Estate Realty Connect are marked with the Internet Data Exchange logo and information about them includes the name of the listing brokers. Some properties listed with the participating brokers do not appear on this website at the request of the seller. Listings of brokers that do not participate in Internet Data Exchange do not appear on this website. All information deemed reliable but not guaranteed. Last date updated: November 13, 2026. Source: New Jersey Multiple Listing Service, Inc. 2026 New Jersey Multiple Listing Service, Inc. All rights reserved.

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