96 Hillside Ave, Nutley, NJ 07110
Legal four-unit Victorian with two units vacant at sale and private 8-car parking, with separate utilities for all units.
Property Features for 96 Hillside Ave
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Investment Insights
Based on property information with market context.
The property is located on Hillside Avenue in Nutley Township, on a quiet, tree-lined residential block. The asset includes a private on-site parking lot with eight spaces, three of which are currently rented to neighborhood residents. The remaining spaces are available for additional income opportunities or tenant amenities, and the listing states the property has passed state and local inspections.
The current vacancy at closing provides an owner-occupant or investor with flexibility to position the property for re-leasing, while the occupied units support ongoing rental income. With all utilities separated and dedicated parking on-site, the layout is built to serve multiple households with minimal shared systems.
Key Highlights
- Legal 4‑unit Victorian built in 1900 with two units vacant at sale for immediate re‑leasing or occupancy planning.
- Units 1 & 2 are occupied, generating a combined $2,950/month with a stated 4% annual rent increase.
- Unit 3 is vacant as of June 22, recently renovated and rent‑ready at $2,650; rent can be $2,850 upon vacancy from 7/1.
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Demographics for 07110, NJ
Market
Vacancy Rate% for Multifamily in Northeast region