1921-Built Multifamily
For Sale
$849,999
102 Lincoln St, Montclair, NJ 07042
Multifamily property with a documented early-20th-century construction date in Montclair Township.
Property Size2,700 SF
Price / SF$314.81
Days on Market81
Property Features for 102 Lincoln St
General Information
Standard status
Active
Size
2,700 SF
Property subtype
Multi-Family
Building Details
Year Built
1921
Listing Agency:
LONE EAGLE MANAGEMENT
Listed By:
JAMES DEBROSSE · License #400954
(973) 377-7377
Source:
Amyowensteam
Added: Jul 27
Changed: Oct 3
Last Checked: Oct 7 at 4:02PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of LONE EAGLE MANAGEMENT
Investment Insights
Based on property information with market context.
This multifamily property at 102 Lincoln St in Montclair Township, New Jersey, contains 2,700 square feet and was built in 1921.
The property is located in the 07042 ZIP code. The available information identifies the asset as a multifamily property offered for sale.
The property is located in the 07042 ZIP code. The available information identifies the asset as a multifamily property offered for sale.
Key Highlights
- 2,700‑square‑foot multifamily property
- Constructed in 1921
- Located at 102 Lincoln St, Montclair Township, NJ 07042
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$41,521
Cap Rate
4.88%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$830,420
$830.4K
Cap Rate 7%
$593,157
$593.2K
Cap Rate 9%
$461,344
$461.3K
Market Conditions
NOI Build-Up for 2,700 SF
Gross rent
$81.0K $30.00/SF
− Vacancy
−$5.5K −$2.04/SF
EGI
$75.5K $27.96/SF
− OpEx
−$34.0K −$12.58/SF
NOI
$41.5K $15.38/SF
Area
Essex County, NJ
Vacancy
6.80%
Lease Rate
$30.00 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$830,420
Cap Rate 7%
$593,157
Cap Rate 9%
$461,344
Alternative Uses
Best Use
Apartment 5plus
$593.2K
$519.0K – $692.0K
NOI $41,521 @ 7.0% cap · market cap 4.88%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$705.0K
$616.9K – $822.5K
NOI $49,352 @ 7.0% cap · market cap 5.81%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
862
Businesses Nearby
Explore this area
Business Placement
Demographics for 07042, NJ
27,384
Population
11,682
Households
2.3
Avg Household Size
39
Median Age
67%
College-Educated
96%
High-School Grad
3.8 sq mi
ZIP Area
7,206
Density / Sq Mi
$127,083
Median Household Income
$75,856
Median Earnings
$2,017
Median Rent
$733,100
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
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Multifamily property - Multifamily property with a documented early-20th-century construction date in Montclair Township.
Where is this multifamily property located?
The property is located at 102 Lincoln St Montclair, NJ.
What is the asking price?
The asking price for this property is $849,999.
What are key features of this property?
This property features: 2,700‑square‑foot multifamily property; Constructed in 1921; Located at 102 Lincoln St, Montclair Township, NJ 07042
