Two-Family Residence with Two
145 Harrison St Nutley, NJ 07110
For Sale
$799,000
Pending
MULTI_FAMILY - Nutley Twp., NJ
Property Size2,256 SF
Lot Size0.13 Acres
Days on Market143
Property Features for 145 Harrison St
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 4
- Bathrooms
- 2
- Rooms
- Bathroom 1, Bedroom 3, Bedroom 4, Bedroom 2, Basement, Bedroom 1, Bathroom 2
- Parking
- 6
- Patio and Porch features
- Patio, Porch
- Interior features
- Blinds, Carbon Monoxide Detector, Chandelier, Vinyl-Linoleum Floors, Walk-In Closet, Wood Floors
- Exterior features
- Open Porch(es), Patio
- Standard status
- Pending
- Size
- 2,256 SF
- Lot size
- 0.13 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Annual Amount
- 15608
Utilities
- Sewer type
- Public Sewer
- Cooling system
- Central Air, Ceiling Fan(s)
- Water source
- Public
Building Details
- Year built
- 1915
- Floors in Building
- 2
- Number of units
- 2
- Roof type
- Shingle
- Architectural style
- Other
Listing Agency:
EXP REALTY, LLC
(866) 201-6210
Listed By:
GILBERT OLSEN II
(866) 201-6210
Added: Mar 4
Changed: Jul 21
Last Checked: Jul 25 at 5:06AM
MLS# 4012518
Copyright © 2026 Garden State MLS, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This well-maintained two-family residence features two separate units, each with a bright living room, eat-in kitchen, full bath, and two bedrooms. The first-floor unit includes access to a partially finished basement, along with separate storage and mechanical areas and ground-level access. An unfinished attic with pull-down access provides additional storage. Exterior features include a front porch, two-car garage space split between the units, and a driveway that provides ample parking for both.
Located in Nutley Township, the property is described as being close to Booth Park, local shopping, and a variety of restaurants. The remarks also note proximity to public transportation options and major roadways, supporting convenient commuting.
Designed for tenants who want self-contained living with separate utilities, the layout offers straightforward unit configurations and usable shared-on-site improvements such as the basement and attic storage. With a newer roof and updated features mentioned in the remarks, this property presents a practical option for an owner-operator or investor seeking a multi-family home with established functionality and dedicated parking.
Located in Nutley Township, the property is described as being close to Booth Park, local shopping, and a variety of restaurants. The remarks also note proximity to public transportation options and major roadways, supporting convenient commuting.
Designed for tenants who want self-contained living with separate utilities, the layout offers straightforward unit configurations and usable shared-on-site improvements such as the basement and attic storage. With a newer roof and updated features mentioned in the remarks, this property presents a practical option for an owner-operator or investor seeking a multi-family home with established functionality and dedicated parking.
Key Highlights
- Two‑family home built in 1915 with two units, each with a bright living room, eat‑in kitchen, full bath, and 2 bedrooms
- Separate utilities for each unit for convenient multi‑family living
- Partially finished basement with separate storage and mechanical areas, plus ground‑level access
Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $57.7k | $25.56 |
| − Vacancy | −$3.7k | −$1.65 |
| EGI | $53.9k | $23.91 |
| − OpEx | −$16.2k | −$7.17 |
| NOI | $37.8k | $16.74 |
2,256 SF · lease $25.56/SF/yr · vacancy 6.46% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$539.4K
$472.0K – $629.3K
NOI $37,757 @ 7.0% cap · market cap 4.73%
Second Best
Apartment 5plus
$495.6K
$433.7K – $578.2K
NOI $34,693 @ 7.0% cap · market cap 4.34%
Theoretical Best
Office A
$589.1K
$515.5K – $687.3K
NOI $41,236 @ 7.0% cap · market cap 5.16%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Duplexes
FAQs
What type of property is this?
Duplex - Well-maintained two-unit home with separate utilities, eat-in kitchens, and two garages on a driveway with parking.
Where is this duplex located?
The property is located at 145 Harrison St Nutley, NJ.
What is the asking price?
The asking price for this property is $799,000.
What are key features of this property?
This property features: Two‑family home built in 1915 with two units, each with a bright living room, eat‑in kitchen, full bath, and 2 bedrooms; Separate utilities for each unit for convenient multi‑family living; Partially finished basement with separate storage and mechanical areas, plus ground‑level access
