Two-Family Residential Income
145 Clay Street Unit 145147 Tuckerton, NJ 08087
New
145 Clay Street Unit 145147, Tuckerton, NJ, 08087
$479,900
For Sale
$479,900
Two-unit residential property with basements in each unit and second-floor bedrooms and bonus space.
Property Size1,920 SF
Price / SF$249.95
Days on Market6
Property Features for 145 Clay Street Unit 145147
General Information
- Standard status
- Active
- Size
- 1,920 SF
- Property subtype
- Multi-Family / Duplex
Building Details
- Year Built
- 1950
Listing agency
RE/MAX Gateway
(732) 695-1600
Listed by
Robert N Lange · License #1329516
(732) 695-1600
Source
Compass
Added: Jul 17 Updated: Jul 22 at 12:47AM Checked: Jul 22 at 8:41AM
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 RE/MAX Gateway
Investment Insights
Based on property information with market context.
This two-family residential income property offers two separate units, each with a basement. Both sides feature a large living room and a dedicated dining room and kitchen on the first floor, along with two bedrooms, bonus space, and a full bathroom on the second floor. The property is set up to accommodate either owner-occupancy or renting both units.
Located in Tuckerton on a large lot, the building includes basements for each unit and consistent interior layouts across both sides.
Each unit’s configuration includes first-floor living and dining plus kitchen, with second-floor sleeping areas complemented by bonus space and a full bathroom.
Located in Tuckerton on a large lot, the building includes basements for each unit and consistent interior layouts across both sides.
Each unit’s configuration includes first-floor living and dining plus kitchen, with second-floor sleeping areas complemented by bonus space and a full bathroom.
Key Highlights
- Two‑family (2‑unit) home in Tuckerton with basements in each unit
- 4 bedrooms and 2 full baths total; 2 bedrooms plus bonus space and a full bathroom on the second floor of each unit
- Year built 1950; 2 levels
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $49.1k | $25.56 |
| − Vacancy | −$3.2k | −$1.65 |
| EGI | $45.9k | $23.91 |
| − OpEx | −$13.8k | −$7.17 |
| NOI | $32.1k | $16.74 |
1,920 SF · lease $25.56/SF/yr · vacancy 6.46% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$459.0K
$401.7K – $535.6K
NOI $32,133 @ 7.0% cap · market cap 6.70%
Second Best
Apartment 5plus
$421.8K
$369.1K – $492.1K
NOI $29,526 @ 7.0% cap · market cap 6.15%
Theoretical Best
Office A
$501.4K
$438.7K – $584.9K
NOI $35,095 @ 7.0% cap · market cap 7.31%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Duplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Duplex - Two-unit residential property with basements in each unit and second-floor bedrooms and bonus space.
Where is this duplex located?
The property is located at 145 Clay Street Unit 145147 Tuckerton, NJ.
What is the asking price?
The asking price for this property is $479,900.
What are key features of this property?
This property features: Two‑family (2‑unit) home in Tuckerton with basements in each unit; 4 bedrooms and 2 full baths total; 2 bedrooms plus bonus space and a full bathroom on the second floor of each unit; Year built 1950; 2 levels
