Two-Family Residential Income
145 Clay Street Tuckerton, NJ 08087
New
145 Clay Street, Tuckerton, NJ, 08087
$479,900
For Sale
$479,900
MULTI_FAMILY - Tuckerton, NJ
Property Size1,920 SF
Lot Size0.23 Acres
Price / SF$249.95
Days on Market3
Property Features for 145 Clay Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Duplex
- Bedrooms
- 4
- Bathrooms
- 2
- Rooms
- Bedroom 4, Bathroom 1, Basement, Bedroom 2, Bathroom 2, Bedroom 3, Bedroom 1
- Standard status
- Active
- APN
- 33-00072-0000-00015
- Size
- 1,920 SF
- Lot size
- 0.23 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Annual Amount
- 5653
Utilities
- Sewer type
- Public Sewer
- Heating system
- Forced Air
- Water source
- Public
Building Details
- Year built
- 1950
- Floors in Building
- 2
- Number of units
- 2
Listing Agency
RE/MAX Gateway
(732) 695-1600
501 Grand Ave. Unit L 3, Ocean Grove, NJ
Listed by
Robert N Lange · License #1329516
(732) 695-1600
Added: Jul 17 Checked: Jul 19 at 3:06 am
MLS# 22621979
Listing URL
Copyright © 2026 More MLS. 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 two-family duplex offers two separate unit layouts with basements in each unit. Each side features 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 located on Clay Street in Tuckerton, New Jersey, within Ocean County. It sits on a 0.23-acre lot.
With independent unit configurations and multi-level space in both units, the property supports a straightforward owner-occupant or full rental setup based on the duplex arrangement.
The property is located on Clay Street in Tuckerton, New Jersey, within Ocean County. It sits on a 0.23-acre lot.
With independent unit configurations and multi-level space in both units, the property supports a straightforward owner-occupant or full rental setup based on the duplex arrangement.
Key Highlights
- 2‑family property in Tuckerton with basements in each unit
- Built in 1950 with forced air heating
- Each unit offers a large living room, dedicated dining room, and kitchen on the first floor
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
Property Profile
Location Intelligence
Current Use by Public Records
Duplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Duplex - Two-unit duplex with basements in each unit, each side offering two floors of living space.
Where is this duplex located?
The property is located at 145 Clay Street 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: 2‑family property in Tuckerton with basements in each unit; Built in 1950 with forced air heating; Each unit offers a large living room, dedicated dining room, and kitchen on the first floor
