An excellent investment opportunity in the heart of Hasbrouck Heights! This income-generating property comprises three residential units and office space (approx. 800 sq. ft.) currently set up for dental or medical practice. Amenities include an attached two-car garage, as well as additional storage space and a laundry room in the basement. The residential portion consists of one three-bedroom apartment and two two-bedroom apartments, offering great business potential. Current residential rents are below market rates: 3-bedroom unit - $2,250/mo. (potential rent: approx. $3,100-$3,200); 2-bedroom unit - vacant (potential rent: approx. $2,700-$2,800); 2-bedroom unit - $1,790/mo. (potential rent: approx. $2,700-$2,800). Additional income is generated by the laundry facilities. Numerous upgrades have been completed, including window replacements, a new roof (2009), a new gas steam boiler (2021), replacement of entrance stairs for the office (2021) and apartments (2023), renovation of the rear walkway (2024), a new shower enclosure in Unit 1 (2025), and more. Ideally located with easy access to NYC transportation, major highways, shops, restaurants, schools, and airports. A unique opportunity for investors and business owners alike. Don't miss this chance - the offer won't be available for long.

Property Details of 215 Terrace Avenue

Property Details

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Listed by RE/MAX Home Experts / Janusz Gajda

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 The Agency 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: September 12, 2026
Source: 2026 New Jersey Multiple Listing Service, Inc. All rights reserved.

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