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Renovated Two-Family Duplex
For Sale
$1,389,000

137 Prospect Place, Rutherford, NJ 07070

Two separate residences offer in-unit laundry, individual utility services, and driveway parking.

Property SizeContact for details
Days on Market24

Property Features for 137 Prospect Place

General Information

Standard status Active
Total Parking Spaces 3
Property subtype Multi Family 2-4

Site & Location

Highway Access Yes
Public Transit Yes
Utilities to Site Yes

Units

Unit Mix 1 x 3BR/1BA, 1 x 2BR/1BA
Multifamily Units 2
Individually Metered Utilities gas, electric

Taxes and HOA fees

Annual Taxes $17,465

Amenities

in-unit laundry
shared yard

Building Details

Units 2
Listing Agency: The Agency One Rock-Ridgewood
Listed By: Travis B. Tripucka
Source: Anhaltrealestate
Added: Oct 12 Changed: Nov 2 Last Checked: Nov 4 at 6:02AM

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 The Agency One Rock-Ridgewood

Rey
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Investment Insights

Based on property information with market context.

This renovated two-family property has two distinct residences. The first-floor unit includes three bedrooms, one full bath, and a partially finished basement; the second-floor unit has two bedrooms, one full bath, and a finished attic suited to office or storage use. Both units feature updated kitchens and bathrooms, in-unit laundry, separate gas and electric service, and vinyl and tile flooring. The exterior has been repainted, and the roof was replaced in 2025. Plumbing, electrical, forced hot air, and central air systems have been updated, with heating and cooling provided in each unit. Permits have been closed out for the work.

The property sits on a corner lot in Rutherford, with a private driveway accommodating up to three cars and a shared yard. Downtown shops and restaurants, NJ Transit bus and train service, and Routes 3 and 17 are nearby.

Key Highlights

  • Two residences: first‑floor unit with 3 bedrooms and second‑floor unit with 2 bedrooms
  • Partially finished basement and fully finished attic
  • New roof installed in 2025; updated plumbing, electrical, kitchens, and baths

Property Analytics

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Lease Details

2
Residential units
Yes
Highway access
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

1,491
Businesses Nearby

Demographics for 07070, NJ

18,834
Population
7,163
Households
2.6
Avg Household Size
40
Median Age
59%
College-Educated
95%
High-School Grad
2.8 sq mi
ZIP Area
6,726
Density / Sq Mi
$136,069
Median Household Income
$71,719
Median Earnings
$1,859
Median Rent
$580,800
Median Home Value
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Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025

Frequently Asked Questions

What type of property is this?
Duplex - Two separate residences offer in-unit laundry, individual utility services, and driveway parking.
Where is this duplex located?
The property is located at 137 Prospect Place Rutherford, NJ.
What is the asking price?
The asking price for this property is $1,389,000.
What are key features of this property?
This property features: Two residences: first‑floor unit with 3 bedrooms and second‑floor unit with 2 bedrooms; Partially finished basement and fully finished attic; New roof installed in 2025; updated plumbing, electrical, kitchens, and baths
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