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    Multi-Family with Lake View Title is generated by Realmo AI

    100 Shore Rd, Jefferson Twp, NJ 07849

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    For Sale
    $675,000

    Multi-Family, 3-Three Story, Under/Over - Jefferson Twp., NJ

    Lot size:
    0.18 Acres
    Added:
    May 15, 2026
    Days on Market:
    5
    Last Refresh:
    May 19 at 7:06 am

    Property Features for 100 Shore Rd

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Bedrooms
    4
    Bathrooms
    2
    Rooms
    Bathroom 1, Bathroom 2, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Dining Room, Kitchen, Laundry, Living Room
    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
    Appliances
    Dishwasher, Range, Refrigerator, Washer
    Standard status
    Active
    Lot size
    0.18 Acres

    Taxes and HOA fees

    Tax Year
    2025
    Tax Annual Amount
    12350

    Building Details

    Year built
    1950
    Number of units
    2
    Building materials
    Vinyl Siding
    Roof type
    Asphalt, Shingle
    Architectural style
    Other

    We can help!

    Listing Contact
    MARIA LOPEZ

    Listing agent MARIA LOPEZ

    Listing office TOP VALUE REALTY 1246 ROUTE 46, Lake Hiawatha, NJ

    Listing date May 15, 2026

    MLS# 4028034 Listing URL

    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.

    HighLights

    • Lake view from this multi‑family property, located across from preserved town land.
    • Multi‑family residence presents an ideal investment or owner‑occupancy opportunity with rental income potential.
    • Large parking area accommodates 7‑8 cars.
    • Potential for Airbnb use (subject to town permits).
    • Two separate units: one with a lease ending 8/31/26, the other month‑to‑month.
    • Includes Dishwasher, Range, Refrigerator, and Washer.

    Overview

    This multi-family residence is located directly across from preserved town property, offering a lake view. It presents an opportunity to expand your portfolio or reside in one unit while generating income from the other. The property includes a large parking area accommodating 7 or 8 cars. The first unit features a garage, laundry area, and kitchen on the first level. The second level comprises a living room, dining room, bonus room, and two bedrooms. The second apartment is situated on the third level and includes two bedrooms and a deck. The first unit's lease ends on August 31, 2026, while the second unit is currently on a month-to-month lease. Located in Jefferson Twp., NJ, the 0.18-acre property offers potential for use as an Airbnb, subject to obtaining the necessary permits from the town hall, as previous owners have rented it as such.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Duplexes

    Map

    City
    Jefferson Twp
    County
    Passaic
    State
    New Jersey
    Longitude
    -74.61656
    Latitude
    40.98526

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    FAQs

    What type of property is this?
    Duplex - Multi-family residence with lake view, potential for Airbnb.
    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 $675,000.
    What are key features of this property?
    This property features: Lake view from this multi‑family property, located across from preserved town land.; Multi‑family residence presents an ideal investment or owner‑occupancy opportunity with rental income potential.; Large parking area accommodates 7‑8 cars.
    (973) 769-6184
    We can help!
    Listing Contact
    MARIA LOPEZ
    Learn More
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

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