Two-Unit Duplex
New
For Sale
$619,900
1216 Broadway, Hillside, NJ 07205
MULTI_FAMILY - Hillside, NJ
Property Size1,892 SF
Lot Size0.07 Acres
Price / SF$327.64
Days on Market1
Property Features for 1216 Broadway
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Bedrooms
5
Bathrooms
2
Full bathrooms
2
Rooms
Bedroom 2, Bedroom 1, Bedroom 5, Bathroom 2, Bathroom 1, Bedroom 4, Bedroom 3, Basement
Basement
Partially Finished, Full
Directions
US-22E onto Bloy St, right Liberty Ave, left onto Bryan Street then Broadway
Standard status
Active
APN
07-00904-0000-00009
Size
1,892 SF
Lot size
0.07 Acres
Taxes and HOA fees
Tax Year
2025
Tax Annual Amount
9504
Utilities
Sewer type
Public Sewer
Heating system
Radiant
Cooling system
Multi Units
Water source
Public
Building Details
Year built
1922
Floors in Building
2
Number of units
2
Listing Agency:
EXIT Realty East Coast Shirvanian
(732) 946-2000
Listed By:
Marcia Lentini · License #1866417
(732) 946-2000
Added: Aug 4
Last Checked: Aug 4 at 11:06PM
MLS# 22623934
Copyright © 2026 More MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This duplex property contains 1,892 square feet arranged across two residential units. The room schedule includes five bedrooms, two bathrooms, and a basement, providing a defined multi-unit configuration. Radiant heating and multi-unit cooling serve the building, while public water and public sewer support the property’s basic infrastructure.
Constructed in 1922, the home occupies a 0.07-acre lot at 1216 Broadway in Hillside, New Jersey. Its residential layout and two-unit classification provide a straightforward format for buyers seeking a duplex asset with separate living accommodations. The property’s documented features include multiple bedrooms, dedicated bathrooms, basement space, and separate heating and cooling service for the units.
Constructed in 1922, the home occupies a 0.07-acre lot at 1216 Broadway in Hillside, New Jersey. Its residential layout and two-unit classification provide a straightforward format for buyers seeking a duplex asset with separate living accommodations. The property’s documented features include multiple bedrooms, dedicated bathrooms, basement space, and separate heating and cooling service for the units.
Key Highlights
- Two‑unit duplex property with 1,892 square feet of building area
- Five bedrooms and two bathrooms documented in the room schedule
- 0.07‑acre lot at 1216 Broadway, Hillside, NJ 07205
Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $48.4k | $25.56 |
| − Vacancy | −$3.1k | −$1.65 |
| EGI | $45.2k | $23.91 |
| − OpEx | −$13.6k | −$7.17 |
| NOI | $31.7k | $16.74 |
1,892 SF · lease $25.56/SF/yr · vacancy 6.46% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$452.4K
$395.8K – $527.8K
NOI $31,665 @ 7.0% cap · market cap 5.11%
Second Best
Apartment 5plus
$415.6K
$363.7K – $484.9K
NOI $29,095 @ 7.0% cap · market cap 4.69%
Theoretical Best
Office A
$494.0K
$432.3K – $576.4K
NOI $34,583 @ 7.0% cap · market cap 5.58%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Multi-tenant
Tenancy
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
1,187
Businesses Nearby
Explore this area
Business Placement
Demographics for 07205, NJ
22,432
Population
7,550
Households
3
Avg Household Size
39
Median Age
29%
College-Educated
87%
High-School Grad
2.8 sq mi
ZIP Area
8,011
Density / Sq Mi
$98,558
Median Household Income
$47,633
Median Earnings
$1,712
Median Rent
$363,200
Median Home Value
Market
Vacancy Rate% for Multifamily in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Duplex - Five-bedroom layout with two bathrooms, radiant heat, and multi-unit cooling.
Where is this duplex located?
The property is located at 1216 Broadway Hillside, NJ.
What is the asking price?
The asking price for this property is $619,900.
What are key features of this property?
This property features: Two‑unit duplex property with 1,892 square feet of building area; Five bedrooms and two bathrooms documented in the room schedule; 0.07‑acre lot at 1216 Broadway, Hillside, NJ 07205
