Legal Three-Family Income
For Sale
$869,900
251 Speer Ave, Clifton, NJ 07013
Well-maintained three-family residence with separate utilities and a fenced rear yard, plus a detached two-car garage.
Property SizeContact for details
Days on Market45
Property Features for 251 Speer Ave
General Information
Standard status
Active
Total Parking Spaces
2
Property subtype
Multi Family
Additional Details
Fenced Yard
Yes
Multifamily Units
3
Taxes and HOA fees
Annual Taxes
$10,272
Building Details
Year Built
1916
Stories
3
Units
3
Tenancy
Multi
Listing Agency:
SCHEIDEMANN AGENCY
(973) 478-5967
Listed By:
JAMES ZIMMERMANN
Source:
Elliman
Added: Jul 9
Changed: Aug 8
Last Checked: Aug 21 at 1:34PM
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 SCHEIDEMANN AGENCY
Investment Insights
Based on property information with market context.
This legal three-family property is well maintained and configured as two levels of two-bedroom apartments over a third-floor one-bedroom unit. The first and second floors each include two bedrooms, a living room, and an eat-in kitchen, with a front porch used as an office or storage area. The third floor offers one bedroom, an eat-in kitchen, and a living room, with a crawl space attic.
A detached two-car garage is located in the rear yard and is rented separately. The property includes fenced-in rear yard space, basement storage bins for each apartment, and Bilko-style doors from the basement to the rear yard. All utilities are separate, including gas heat and electric.
Conveniently positioned for everyday needs, the property is described as walkable to Van Houten stores and Sperling Park. It is also noted as being close to the NY Train in Clifton or Passaic, with schools and places of worship nearby.
A detached two-car garage is located in the rear yard and is rented separately. The property includes fenced-in rear yard space, basement storage bins for each apartment, and Bilko-style doors from the basement to the rear yard. All utilities are separate, including gas heat and electric.
Conveniently positioned for everyday needs, the property is described as walkable to Van Houten stores and Sperling Park. It is also noted as being close to the NY Train in Clifton or Passaic, with schools and places of worship nearby.
Key Highlights
- Legal 3‑family residence built in 1916
- Separate utilities for all units, including gas heat and electric
- Unit layout: first and second floors each offer 2 bedrooms, living room, eat‑in kitchen, plus a front porch used as office/storage
Property Analytics
Property Profile
Current Use
Lease Details
3
Residential units
Multi-tenant
Tenancy
Yes
Fenced yard
Location Intelligence
Trade Area within ½ mile
1,345
Businesses Nearby
Explore this area
Business Placement
Demographics for 07013, NJ
28,843
Population
12,005
Households
2.4
Avg Household Size
44
Median Age
41%
College-Educated
91%
High-School Grad
4.4 sq mi
ZIP Area
6,555
Density / Sq Mi
$119,291
Median Household Income
$59,413
Median Earnings
$1,696
Median Rent
$462,700
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?
Triplex - Well-maintained three-family residence with separate utilities and a fenced rear yard, plus a detached two-car garage.
Where is this triplex located?
The property is located at 251 Speer Ave Clifton, NJ.
What is the asking price?
The asking price for this property is $869,900.
What are key features of this property?
This property features: Legal 3‑family residence built in 1916; Separate utilities for all units, including gas heat and electric; Unit layout: first and second floors each offer 2 bedrooms, living room, eat‑in kitchen, plus a front porch used as office/storage
