Three-Story Duplex with Lake
100 Shore Rd, Jefferson Twp, NJ 07849
For Sale
$599,000
Multi-Family, 3-Three Story, Under/Over, Jefferson Twp., NJ
Property Size2,016 SF
Lot Size0.18 Acres
Price / SF$297.12
Days on Market51
Property Features for 100 Shore Rd
General Information
Property type
Property subtype
Bedrooms
Bathrooms
Full bathrooms
Rooms
Parking
Patio and Porch features
Interior features
Exterior features
Lot features
Directions
Standard status
Size
Lot size
Additional Details
Tenant in Place
Taxes and HOA fees
Tax Year
Tax Annual Amount
Utilities
Water source
Water front
Amenities
deck
laundry
Building Details
Year built
Floors in Building
Number of units
Roof type
Architectural style
Listing Agency:
TOP VALUE REALTY · Century 21 Real Estate
Listed By:
MARIA LOPEZ
(973) 769-6184
Added: Sep 18
Changed: Nov 6
Last Checked: Nov 7 at 3:06AM
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.
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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 / Yr
$33,740
Cap Rate
5.63%
Suggested Prices Based on Cap Rates
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
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
Morris 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%
$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.
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Lease Details
2
Residential units
Single-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
70
Businesses Nearby
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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
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Market
Properties on Market for Duplexes in Morris County
Vacancy Rate% for Multifamily in Northeast region
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
