Renovated Duplex with
For Sale
$789,000
1321 Clinton Ave, Irvington, NJ 07111
Multi-Family, 2-Two Story, Irvington Twp., NJ
Property Size2,260 SF
Lot Size0.09 Acres
Price / SF$349.12
Days on Market98
Property Features for 1321 Clinton Ave
General Information
Property type
Residential Multi Family
Property subtype
Other
Bedrooms
8
Bathrooms
3
Full bathrooms
3
Rooms
Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 7, Basement, Bathroom 1, Bedroom 5, Bathroom 2, Bedroom 4, Bedroom 8, Bedroom 6
Interior features
Carbon Monoxide Detector, Fire Extinguisher, Smoke Detector, Wood Floors
Exterior features
Metal Fence, Wood Fence
Fencing
Wood, Fenced
Elementary school
UNIVERSITY
Middle school
UNION
High school
IRVINGTON
Directions
Located on Clinton Ave between Stuyvesant Ave and Hillside Terrace
Standard status
Active
Size
2,260 SF
Lot size
0.09 Acres
Taxes and HOA fees
Tax Year
2025
Tax Annual Amount
14593
Utilities
Sewer type
Public Sewer
Heating system
Forced Air
Cooling system
Central Air
Water source
Public
Amenities
central air
garage
Building Details
Year built
1923
Floors in Building
2
Number of units
2
Roof type
Shingle, Rubber
Architectural style
Other
Buildings
1
Listing Agency:
COMPASS NEW JERSEY, LLC
(973) 315-8180
Listed By:
CARLOS TAM · License #1970408
(609) 273-6925
Added: Jul 30
Changed: Nov 3
Last Checked: Nov 4 at 9:06AM
MLS# 4043815
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.
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Investment Insights
Based on property information with market context.
This legal duplex, built in 1923 and renovated, contains 2,260 square feet across two residences. Each unit provides 4 bedrooms, 1 full bath, and an open living and dining arrangement with an updated kitchen, recessed lighting, updated flooring, wood floors, and central air. The finished lower level adds 3 bonus rooms and a full bath, while a garage provides additional utility. The property also includes a fenced corner lot measuring 0.09 acres.
Public water and public sewer serve the property. Heating is provided by forced air, and the roof includes rubber and shingle materials. Located in Irvington Twp., the property is approximately 10 minutes from Seton Hall University and offers access to transportation, shopping, and major roadways.
Public water and public sewer serve the property. Heating is provided by forced air, and the roof includes rubber and shingle materials. Located in Irvington Twp., the property is approximately 10 minutes from Seton Hall University and offers access to transportation, shopping, and major roadways.
Key Highlights
- Legal 2‑family duplex with 2,260 square feet
- Two residences, each with 4 bedrooms and 1 full bath
- Finished lower level with 3 bonus rooms and a full bath
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$37,824
Cap Rate
4.79%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$756,480
$756.5K
Cap Rate 7%
$540,343
$540.3K
Cap Rate 9%
$420,267
$420.3K
Market Conditions
NOI Build-Up for 2,260 SF
Gross rent
$57.8K $25.56/SF
− Vacancy
−$3.7K −$1.65/SF
EGI
$54.0K $23.91/SF
− OpEx
−$16.2K −$7.17/SF
NOI
$37.8K $16.74/SF
Area
Essex 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%
$756,480
Cap Rate 7%
$540,343
Cap Rate 9%
$420,267
Alternative Uses
Best Use
Multifamily LT 5
$540.3K
$472.8K – $630.4K
NOI $37,824 @ 7.0% cap · market cap 4.79%
Second Best
Apartment 5plus
$496.5K
$434.4K – $579.2K
NOI $34,754 @ 7.0% cap · market cap 4.40%
Theoretical Best
Office A
$590.1K
$516.4K – $688.5K
NOI $41,309 @ 7.0% cap · market cap 5.24%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
1,999
Businesses Nearby
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Business Placement
Demographics for 07111, NJ
61,176
Population
24,176
Households
2.5
Avg Household Size
36
Median Age
22%
College-Educated
86%
High-School Grad
2.9 sq mi
ZIP Area
21,095
Density / Sq Mi
$59,232
Median Household Income
$37,640
Median Earnings
$1,324
Median Rent
$291,500
Median Home Value
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Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Duplex - Two separate residences offer flexible occupancy and rental use with central air and finished lower-level space.
Where is this duplex located?
The property is located at 1321 Clinton Ave Irvington, NJ.
What is the asking price?
The asking price for this property is $789,000.
What are key features of this property?
This property features: Legal 2‑family duplex with 2,260 square feet; Two residences, each with 4 bedrooms and 1 full bath; Finished lower level with 3 bonus rooms and a full bath
