2-Unit Duplex with Finished Garage
104 Highland Avenue, Clifton, NJ 07011
For Sale
New
$575,000
2-4 Family, Clifton, NJ
Property Size1,275 SF
Price / SF$450.98
Days on Market3
Property Features for 104 Highland Avenue
General Information
Property type
Property subtype
Bedrooms
Bathrooms
Full bathrooms
Rooms
Subdivision
Standard status
Utilities
Cooling system
Building Details
Buildings
Listing Agency:
RE/MAX SELECT - Morristown · RE/MAX International
(973) 539-6300
Listed By:
Nicholas Walsh · License #405956
(908) 233-9292
Added: Nov 7
Last Checked: Nov 9 at 6:06AM
MLS# 26042157
Copyright © 2026 New Jersey MLS Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This duplex contains two separate units totaling 1,275 square feet of living area. Each residence has two bedrooms and one bathroom, for a combined count of four bedrooms and two bathrooms. The garage also provides finished bonus space with a bathroom.
The property is at 104 Highland Avenue in Clifton, New Jersey. Shopping, dining, Routes 3, 46, and 21, and the Garden State Parkway are cited nearby. NJ Transit rail service is available in Clifton, with service into New York City.
The property is at 104 Highland Avenue in Clifton, New Jersey. Shopping, dining, Routes 3, 46, and 21, and the Garden State Parkway are cited nearby. NJ Transit rail service is available in Clifton, with service into New York City.
Key Highlights
- Two units, each with 2 bedrooms and 1 bathroom
- 1,275 square feet of living space
- Finished garage bonus area includes a 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.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Lease Details
2
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
2,435
Businesses Nearby
Explore this area
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
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 - Two separate residences each include two bedrooms and one bathroom, with additional finished space in the garage.
Where is this duplex located?
The property is located at 104 Highland Avenue 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; Finished garage bonus area includes a bathroom
