Two-Unit Duplex with Finished Garage
104 Highland Ave, Clifton, NJ 07011
For Sale
New
$575,000
Multi-Family, 2-Two Story, Clifton City, NJ
Property Size1,275 SF
Lot Size0.06 Acres
Price / SF$450.98
Days on Market3
Property Features for 104 Highland Ave
General Information
Property type
Property subtype
Bedrooms
Bathrooms
Full bathrooms
Rooms
Directions
Standard status
Lot size
Taxes and HOA fees
Tax Year
Tax Annual Amount
Utilities
Sewer type
Heating system
Water source
Building Details
Year built
Floors in Building
Number of units
Roof type
Architectural style
Buildings
Listing Agency:
RE/MAX SELECT · RE/MAX International
Listed By:
NICHOLAS WALSH · License #405956
(973) 539-6300
Added: Nov 7
Last Checked: Nov 9 at 6:06AM
MLS# 4063526
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 two-unit duplex contains 1,275 square feet of living space, arranged as two separate residences. Each unit has two bedrooms and one bathroom. The garage includes finished bonus space with an additional bathroom, providing more usable interior area beyond the two main units. Built in 1910, the property has electric baseboard heating, a shingle roof, public water, and public sewer.
The home is in Clifton, New Jersey, with shopping and dining nearby. Commuter routes listed for the area include Route 3, Route 46, Route 21, and the Garden State Parkway. NJ Transit rail service is also available in Clifton, with service to New York City.
The home is in Clifton, New Jersey, with shopping and dining nearby. Commuter routes listed for the area include Route 3, Route 46, Route 21, and the Garden State Parkway. NJ Transit rail service is also available in Clifton, with service to New York City.
Key Highlights
- Two units, each with 2 bedrooms and 1 bathroom
- 1,275 square feet of living space
- Garage contains finished bonus space and an additional bathroom
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$21,339
Cap Rate
3.71%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$426,780
$426.8K
Cap Rate 7%
$304,843
$304.8K
Cap Rate 9%
$237,100
$237.1K
Market Conditions
NOI Build-Up for 1,275 SF
Gross rent
$32.6K $25.56/SF
− Vacancy
−$2.1K −$1.65/SF
EGI
$30.5K $23.91/SF
− OpEx
−$9.1K −$7.17/SF
NOI
$21.3K $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 Rate 5%
$426,780
Cap Rate 7%
$304,843
Cap Rate 9%
$237,100
Alternative Uses
Best Use
Multifamily LT 5
$304.8K
$266.7K – $355.7K
NOI $21,339 @ 7.0% cap · market cap 3.71%
Second Best
Apartment 5plus
$280.1K
$245.1K – $326.8K
NOI $19,607 @ 7.0% cap · market cap 3.41%
Theoretical Best
Office A
$332.9K
$291.3K – $388.4K
NOI $23,305 @ 7.0% cap · market cap 4.05%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
2
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
2,435
Businesses Nearby
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Business Placement
Demographics for 07011, NJ
41,691
Population
14,198
Households
2.9
Avg Household Size
37
Median Age
23%
College-Educated
85%
High-School Grad
3.1 sq mi
ZIP Area
13,449
Density / Sq Mi
$73,589
Median Household Income
$41,323
Median Earnings
$1,613
Median Rent
$403,200
Median Home Value
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Market
Properties on Market for Duplexes in Clifton
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Duplex - Separate living quarters and a garage with finished bonus space provide distinct areas for residential use.
Where is this duplex located?
The property is located at 104 Highland Ave Clifton, NJ.
What is the asking price?
The asking price for this property is $575,000.
What are key features of this property?
This property features: Two units, each with 2 bedrooms and 1 bathroom; 1,275 square feet of living space; Garage contains finished bonus space and an additional bathroom
