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Off Market
1/29

18 Delar Pky
Franklin Park, NJ 08823


HIGHLIGHTS

  • Value-add property boasting renovated units with luxurious finishes across two buildings with a variety mix of studios and one- and two-bedrooms.
  • Franklin Park is directly west of New Brunswick, and it has top-rated schools, including a National Blue Ribbon School, Cedar Hill Preparatory School.
  • There is a tremendous amount of upside in the under-market rents; there are currently more than 17% below-market in a non-rent control municipality.
  • Nearly 117,500 people are living within five miles with an average household income of over $142,000.
  • Nearby retailers include brands like Dollar General, Target, Walgreens, AutoZone, IHOP Pancake House, TD Bank, Wawa Convenience Store, and more.

FOR SALE DETAILS

PRICE

-

# OF UNITS

-

CAP RATE

-

% LEASED

-

BUILDING DETAILS

PROPERTY NAME

Delar Woods

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

12150

STORIES

2

YEAR BUILT

1970

PARKING SPACES

11

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

-

APN/PARCEL ID

08-00034-05-00052-06