315 Railroad Ave - Apartments FOR SALE


East Rutherford, NJ 07073
$10,500,000 USD
201-953-9532
315 Railroad Ave, East Rutherford, NJ for Sale
$10,500,000 USD
Apartments - FOR SALE
1/8
null | Request Cap Rate

315 Railroad Ave
East Rutherford, NJ 07073


HIGHLIGHTS

  • $350+/mo Rent Upside
  • 2025 New Luxury Construction
  • Strategic Unit Distribution 19 Market Rate & 4 Affordable Units
  • 8 Min Walk to Nearby Train Station to NYC
  • ~20 Min to NYC via Train

OVERVIEW

Railroad Lofts at East Rutherford is a newly constructed residential property completed in 2025, featuring 23 modern apartment units in East Rutherford, New Jersey. The building offers a balanced mix of units, including four affordable apartments ranging from one to three bedrooms, alongside market-rate units that feature one bedroom lofts and two-bedroom apartments with private balconies. The property presents a potential rental upside of approximately $350 per month, offering a clear opportunity to increase income. As a newly constructed multiple dwelling under New Jersey law, the asset benefits from a 30-year exemption from local rent control ordinances, enhancing long-term revenue stability. The property is conveniently located just an 8-minute walk from a nearby train station, providing an approximate 20-minute commute to Midtown Manhattan. Residents enjoy easy access to a variety of shopping, dining, and entertainment destinations, including American Dream and the Meadowlands Sports Complex. The area also offers numerous public and private schools, making it an attractive choice for families. Major employers such as Oracle, Lowe’s, Starbucks, and Honeywell are within close reach, and the nearby Route 17, Route 3, and Interstate 95 ensure quick regional connectivity, making Railroad Lofts at East Rutherford a well-positioned property for both lifestyle and convenience. Visit for additional information: https://eastrutherford.hudsonatlantic.com

FOR SALE DETAILS

PRICE

$10,500,000 USD

PRICE/SF

$424 USD /SF

# OF UNITS

23

PRICE/UNIT

$456,522

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

315 Railroad

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

2025

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.74 AC

LAND SF

32,154 SF

ZONING

LM

APN/PARCEL ID

12-00052-0000-00008

ASK ABOUT THIS PROPERTY

Adam ZweibelHudson Atlantic RealtyMore Info
201-953-9532

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Adam ZweibelHudson Atlantic RealtyMore Info
201-953-9532

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.