Three-Story Duplex with Lake
New
For Sale
$599,000
100 Shore Rd, Jefferson Twp, NJ 07849
Multi-Family, 3-Three Story, Under/Over, Jefferson Twp., NJ
Property Size2,016 SF
Lot Size0.18 Acres
Price / SF$297.12
Days on Market3
Property Features for 100 Shore Rd
General Information
Property type
Residential Multi Family
Property subtype
Other
Bedrooms
4
Bathrooms
2
Full bathrooms
2
Rooms
Bedroom 3, Bedroom 4, Bathroom 1, Bathroom 2, Bedroom 2, Bedroom 1
Parking
7
Patio and Porch features
Deck
Interior features
Carbon Monoxide Detector, Cathedral Ceiling, Fire Extinguisher, Smoke Detector, Vinyl-Linoleum Floors
Exterior features
Deck, Lake Privileges
Lot features
Lake/ Water View, Open Lot
Directions
Route 15 to Route 181 Lake forest left to Prospect Rd left onto Shore Rd Home is located on the right across from the Lake.
Standard status
Active
Size
2,016 SF
Lot size
0.18 Acres
Taxes and HOA fees
Tax Year
2025
Tax Annual Amount
12350
Utilities
Water source
Well
Water front
1
Building Details
Year built
1950
Floors in Building
3
Number of units
2
Roof type
Shingle
Architectural style
Other
Listing Agency:
TOP VALUE REALTY · Century 21 Real Estate
(973) 769-6184
Listed By:
MARIA LOPEZ
(973) 334-1495
Added: Sep 18
Changed: Sep 19
Last Checked: Sep 20 at 7:06AM
MLS# 4053817
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 2,016-square-foot duplex sits on a 0.18-acre lot and was built in 1950. The three-story configuration includes a garage, laundry area, kitchen, living room, dining room, bonus room, and four bedrooms across the two apartments. The upper unit also includes a deck. Unit #1 is vacant, while Unit #2 is occupied on a month-to-month basis.
The property is positioned across from preserved town property and has lake views with lake privileges. A large parking area accommodates 7 cars. Additional features include vinyl-linoleum flooring, cathedral ceilings, smoke and carbon monoxide detectors, a fire extinguisher, a shingle roof, and well water. The residence has previously been rented as an Airbnb; town permits may apply.
The property is positioned across from preserved town property and has lake views with lake privileges. A large parking area accommodates 7 cars. Additional features include vinyl-linoleum flooring, cathedral ceilings, smoke and carbon monoxide detectors, a fire extinguisher, a shingle roof, and well water. The residence has previously been rented as an Airbnb; town permits may apply.
Key Highlights
- 2,016‑square‑foot duplex on a 0.18‑acre lot
- Three‑story layout with 4 bedrooms, garage, laundry area, and deck
- Unit #1 is vacant; Unit #2 is month to month
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$33,740
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
5.63%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$674,800
$674.8K
Cap Rate 7%
$482,000
$482.0K
Cap Rate 9%
$374,889
$374.9K
Market Conditions
NOI Build-Up for 2,016 SF
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.
Gross rent
$51.5K $25.56/SF
− Vacancy
−$3.3K −$1.65/SF
EGI
$48.2K $23.91/SF
− OpEx
−$14.5K −$7.17/SF
NOI
$33.7K $16.74/SF
Area
Passaic 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 rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$674,800
Cap Rate 7%
$482,000
Cap Rate 9%
$374,889
Alternative Uses
Best Use
Multifamily LT 5
$482.0K
$421.8K – $562.3K
NOI $33,740 @ 7.0% cap · market cap 5.63%
Second Best
Apartment 5plus
$442.9K
$387.5K – $516.7K
NOI $31,002 @ 7.0% cap · market cap 5.18%
Theoretical Best
Office A
$526.4K
$460.6K – $614.2K
NOI $36,849 @ 7.0% cap · market cap 6.15%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Open Analytics
Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
70
Businesses Nearby
Explore this area
Business Placement
Demographics for 07849, NJ
8,569
Population
3,648
Households
2.3
Avg Household Size
44
Median Age
44%
College-Educated
95%
High-School Grad
6.7 sq mi
ZIP Area
1,279
Density / Sq Mi
$111,081
Median Household Income
$63,264
Median Earnings
$1,594
Median Rent
$412,800
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in Northeast region
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Frequently Asked Questions
What type of property is this?
Duplex - Two-unit residence with a garage, laundry area, deck, and on-site parking across from preserved town property.
Where is this duplex located?
The property is located at 100 Shore Rd Jefferson Twp, NJ.
What is the asking price?
The asking price for this property is $599,000.
What are key features of this property?
This property features: 2,016‑square‑foot duplex on a 0.18‑acre lot; Three‑story layout with 4 bedrooms, garage, laundry area, and deck; Unit #1 is vacant; Unit #2 is month to month
