The Residences at Fair Lawn Promenade Property Data

The Residences at Fair Lawn Promenade Multifamily Property Details

The Residences at Fair Lawn Promenade is a multifamily property located at 5 Promenade Blvd in Paterson, Northern New Jersey. Built in 2015, the property features 150 units, of the following types: One Bedroom, Three Bedroom/Two Bath, Two Bedroom/Two Bath, totaling 193,460 SqFt.

Property Unit Breakdown

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Sales and Loans

Evaluate The Residences at Fair Lawn Promenade’s sales history and the loan information associated with it using Yardi Matrix’s comprehensive data on sale price, price per unit, price per square foot, loan type, loan origination and maturity date, buyer/seller information, and more.

Occupancy History

Benchmark the long-term performance of the The Residences at Fair Lawn Promenade multifamily property with Yardi Matrix’s proprietary data on occupancy and vacancy rates.

Rental Rate History

Evaluate the historical rental rates of the The Residences at Fair Lawn Promenade apartment building and assess property-specific actionable insights that drive value and help you perform preliminary underwriting. In addition, Yardi Matrix enables real estate market professionals to leverage historical rent data to determine regional rental trends and to adopt a pricing strategy to maximize occupancy rate and revenue.

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