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Four-Unit Victorian with 8-Car Parking
For Sale
$1,435,000

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 SizeContact for details
Days on Market94

Property Features for 96 Hillside Ave

General Information

Standard status Active
Class Trophy
Total Parking Spaces 8
Property subtype Multi Family
Occupancy 50%

Additional Details

Multifamily Units 4

Taxes and HOA fees

Annual Taxes $21,214

Building Details

Year Built 1900
Units 4
Tenancy Multi
Listing Agency: Your Town Realty
Listed By: RONNIE GLOMB · License #790072
Source: Elliman
Added: Jun 3 Changed: Aug 27 Last Checked: Sep 1 at 8:00PM

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 Your Town Realty

Investment Insights

Based on property information with market context.

This legal four-unit Victorian offers two separate living configurations and separate utilities for all units. Units 1 and 2 are currently occupied and generate a combined $2,950 per month. Unit 3 is vacant as of June 22 and is described as recently renovated, bright, and rent-ready, with a current rent of $2,650 and potential to increase upon re-leasing. Unit 4 is a vacant duplex setup with two levels and loft space, described as ready for renovation.

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.

Property Analytics

Current Use

Quadplexes

Suggested Use

Top Pick Parking Lot & Garage Auto Parts Store (Bike/Boat/Book/etc) Store Hotel & Motel Catering Service Storage Facility

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

4
Residential units
50%
Occupancy
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

1,217
Businesses Nearby

Demographics for 07110, NJ

30,149
Population
11,981
Households
2.5
Avg Household Size
41
Median Age
50%
College-Educated
94%
High-School Grad
3.4 sq mi
ZIP Area
8,867
Density / Sq Mi
$115,215
Median Household Income
$67,621
Median Earnings
$1,698
Median Rent
$489,900
Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
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Frequently Asked Questions

What type of property is this?
Quadplex - Legal four-unit Victorian with two units vacant at sale and private 8-car parking, with separate utilities for all units.
Where is this quadplex located?
The property is located at 96 Hillside Ave Nutley, NJ.
What is the asking price?
The asking price for this property is $1,435,000.
What are key features of this property?
This property features: 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.
More about this property
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