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Two-Story Duplex with Walk-Out Basement
For Sale
$835,000
Pending

34 Cottage Pl, Garfield, NJ 07026

Multi-Family, 2-Two Story, Under/Over, Garfield City, NJ

Property Size1,960 SF
Lot Size0.20 Acres
Days on Market27

Property Features for 34 Cottage Pl

General Information

Property type Residential Multi Family
Property subtype Other
Bedrooms 4
Bathrooms 3
Full bathrooms 3
Rooms Bedroom 3, Bedroom 1, Bedroom 2, Bathroom 1, Bedroom 4, Basement, Bathroom 2, Bathroom 3
Parking 3
Patio and Porch features Patio
Interior features Carbon Monoxide Detector, Carpeting, Smoke Detector, Vinyl-Linoleum Floors, Wood Floors
Exterior features Patio, Sidewalk, Storage Shed
Subdivision Riverside Estates
Lot features Cul-De-Sac, Level Lot
Directions River Rd to Cottage
Standard status Pending
Size 1,960 SF
Lot size 0.20 Acres

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 12520

Utilities

Sewer type Public Sewer
Heating system Hot Water(Heating), Baseboard
Water source Public

Building Details

Year built 1964
Floors in Building 2
Number of units 2
Roof type Shingle
Architectural style Other
Additional Structures Storage
Listing Agency: KELLER WILLIAMS VILLAGE SQUARE · Keller Williams Realty
Listed By: MICHAEL SHETLER
Added: Sep 22 Changed: Oct 16 Last Checked: Oct 18 at 2:06PM
MLS# 4054320

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.

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Investment Insights

Based on property information with market context.

This 1964 duplex in Garfield City has an over-under layout with two separate residential levels. Each unit includes two bedrooms, one full bathroom, and a dine-in kitchen oriented toward the backyard. A partially finished walk-out basement adds another full bathroom along with flexible lower-level space.

The property occupies a 0.2-acre lot at 34 Cottage Pl in a cul-de-sac setting. Exterior features include a patio, storage shed, sidewalk access, and a deep backyard. The home is served by public water and public sewer, with hot-water baseboard heating and a shingle roof.

Key Highlights

  • Over‑under duplex with two residential levels
  • Each unit includes 2 bedrooms, 1 full bath, and a dine‑in kitchen
  • Partially finished walk‑out basement with an additional full bath

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$32,803
Cap Rate
3.93%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$656,060 $656.1K
Cap Rate 7%
$468,614 $468.6K
Cap Rate 9%
$364,478 $364.5K
Market Conditions
NOI Build-Up for 1,960 SF
Gross rent
$50.1K $25.56/SF
− Vacancy
−$3.2K −$1.65/SF
EGI
$46.9K $23.91/SF
− OpEx
−$14.1K −$7.17/SF
NOI
$32.8K $16.74/SF
Area
Bergen County, NJ
Vacancy
6.46%
Lease Rate
$25.56 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$656,060
Cap Rate 7%
$468,614
Cap Rate 9%
$364,478

Alternative Uses

Best Use
Multifamily LT 5
$468.6K
$410.0K – $546.7K (±1% cap)
NOI $32,803 @ 7.0% cap · market cap 3.93%
Second Best
Apartment 5plus
$430.6K
$376.8K – $502.4K (±1% cap)
NOI $30,141 @ 7.0% cap · market cap 3.61%
Theoretical Best
Office A
$511.8K
$447.8K – $597.1K (±1% cap)
NOI $35,826 @ 7.0% cap · market cap 4.29%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick Parking Lot & Garage Pet Grooming Service (Bike/Boat/Book/etc) Store Nursing Home Locksmith Catering Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Residential units
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

1,245
Businesses Nearby

Demographics for 07026, NJ

32,655
Population
12,234
Households
2.7
Avg Household Size
37
Median Age
24%
College-Educated
84%
High-School Grad
2.1 sq mi
ZIP Area
15,550
Density / Sq Mi
$75,701
Median Household Income
$44,462
Median Earnings
$1,612
Median Rent
$454,300
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025

Frequently Asked Questions

What type of property is this?
Duplex - Two residential levels each include two bedrooms, a full bath, and a dine-in kitchen.
Where is this duplex located?
The property is located at 34 Cottage Pl Garfield, NJ.
What is the asking price?
The asking price for this property is $835,000.
What are key features of this property?
This property features: Over‑under duplex with two residential levels; Each unit includes 2 bedrooms, 1 full bath, and a dine‑in kitchen; Partially finished walk‑out basement with an additional full bath
More about this property
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