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Two-Unit Duplex with Detached Garage
New
For Sale
$695,000

130 Rowland Ave, Clifton, NJ 07012

Multi-Family, 2-Two Story, Clifton City, NJ

Property Size1,965 SF
Lot Size0.15 Acres
Price / SF$353.69
Days on Market2

Property Features for 130 Rowland Ave

General Information

Property type Residential Multi Family
Property subtype Other
Bedrooms 3
Bathrooms 3
Full bathrooms 3
Rooms Bathroom 1, Bathroom 2, Bedroom 3, Bathroom 3, Basement, Bedroom 2, Bedroom 1
Parking 4
Patio and Porch features Deck
Exterior features Deck
Directions Shafto St to Rowland Ave
Standard status Active
Size 1,965 SF
Lot size 0.15 Acres

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 11565

Utilities

Sewer type Public Sewer
Heating system Hot Water(Heating), Baseboard, Other (Heating), Steam
Water source Public

Amenities

finished basement
detached garage

Building Details

Year built 1950
Floors in Building 2
Number of units 2
Roof type Shingle
Architectural style Other
Listing Agency: KELLER WILLIAMS PROSPERITY REALTY · Keller Williams Realty
Listed By: ERIC PIWOWARCZYK
Added: Oct 14 Last Checked: Oct 15 at 9:06AM
MLS# 4058800

Copyright © 2026 Garden State MLS, LLC. 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 Clifton duplex contains two occupied apartments, each leased month to month. The building offers 1,965 square feet of living area on a 0.15-acre parcel and was built in 1950. A finished basement and deck provide additional features, while a detached garage and driveway offer parking and storage options.

The property is served by public water and public sewer. Its two-unit configuration and existing month-to-month tenancy are central features of the property.

Key Highlights

  • Two occupied apartments with month‑to‑month leases
  • 1,965 square feet of building area
  • 0.15‑acre parcel in Clifton City, NJ

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$32,887
Cap Rate
4.73%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$657,740 $657.7K
Cap Rate 7%
$469,814 $469.8K
Cap Rate 9%
$365,411 $365.4K
Market Conditions
NOI Build-Up for 1,965 SF
Gross rent
$50.2K $25.56/SF
− Vacancy
−$3.2K −$1.65/SF
EGI
$47.0K $23.91/SF
− OpEx
−$14.1K −$7.17/SF
NOI
$32.9K $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%
$657,740
Cap Rate 7%
$469,814
Cap Rate 9%
$365,411

Alternative Uses

Best Use
Multifamily LT 5
$469.8K
$411.1K – $548.1K (±1% cap)
NOI $32,887 @ 7.0% cap · market cap 4.73%
Second Best
Apartment 5plus
$431.7K
$377.7K – $503.6K (±1% cap)
NOI $30,218 @ 7.0% cap · market cap 4.35%
Theoretical Best
Office A
$513.1K
$449.0K – $598.6K (±1% cap)
NOI $35,917 @ 7.0% cap · market cap 5.17%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick Real Estate Agency Parking Lot & Garage Nursing Home (Bike/Boat/Book/etc) Store Tattoo & Piercing Shop Butcher

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

2
Residential units
100%
Occupancy
Multi-tenant
Tenancy
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

1,344
Businesses Nearby

Demographics for 07012, NJ

13,333
Population
5,641
Households
2.4
Avg Household Size
40
Median Age
44%
College-Educated
93%
High-School Grad
2.2 sq mi
ZIP Area
6,060
Density / Sq Mi
$100,341
Median Household Income
$57,050
Median Earnings
$1,695
Median Rent
$459,300
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in Northeast region

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

What type of property is this?
Duplex - Both apartments are occupied under month-to-month leases, with a finished basement and deck adding usable space.
Where is this duplex located?
The property is located at 130 Rowland Ave Clifton, NJ.
What is the asking price?
The asking price for this property is $695,000.
What are key features of this property?
This property features: Two occupied apartments with month‑to‑month leases; 1,965 square feet of building area; 0.15‑acre parcel in Clifton City, NJ
More about this property
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