Move-In Ready Hillside Two-Family
149 Baltimore Ave, Hillside, NJ 07205
New
3-Three Story, Multi-Family - Hillside Twp., NJ
Property size:
3,487 SFLot size:
0.08 AcresPrice / SF:
$232/SF- Added:
- May 13, 2026
- Days on Market:
- 5
- Last Refresh:
- May 17 at 6:06 pm
Property Features for 149 Baltimore Ave
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 6
- Bathrooms
- 5
- Rooms
- Basement, Bathroom 1, Bathroom 2, Bathroom 3, Bathroom 4, Bathroom 5, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5, Dining Room, Family Room, Kitchen
- Parking
- 2
- Parking features
- Driveway
- Patio and Porch features
- Patio
- Exterior features
- Barbeque, Patio, Storage Shed
- Basement Y/N
- 1
- Appliances
- Oven - Gas, Range, Refrigerator
- Standard status
- Active
- Size
- 3,487 SF
- Lot size
- 0.08 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Annual Amount
- 14950
Utilities
- Heating system
- Forced Air
- Cooling system
- Central Air, Multi Units
Building Details
- Year built
- 1974
- Number of units
- 2
- Building materials
- Brick
- Roof type
- Asphalt, Shingle
- Architectural style
- Other
- Additional Structures
- Packing Shed, Shed(s), Storage
Listing agent MELANIE SIMOES (800) 654-6673
Listing office HALLMARK REALTORS 112 WESTFIELD AVE, Clark, NJ (800) 359-3398
Listing date May 13, 2026
MLS# 4027307
Listing URL
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.
HighLights
- Move‑in ready two‑family home, ideal for investors or owner‑occupants.
- Delivered vacant for maximum buyer flexibility.
- Spacious units with abundant natural light: First unit (3 beds, 1.5 baths), Second unit (3 beds, 2 baths).
- Fully finished basement with summer kitchen, perfect for entertaining.
- Meticulously maintained with recent updates and evident pride of ownership.
- Convenient location near schools, shopping, public transportation, and major highways.
Overview
Located in Hillside, this move-in ready two-family property presents an opportunity for investors and owner-occupants. The home has been meticulously maintained with recent updates. Both units are spacious and filled with natural light, offering comfortable layouts. The first-floor unit includes three bedrooms and 1.5 baths, while the second unit features three bedrooms and two full baths. A fully finished basement provides additional living space, complete with a summer kitchen. The property delivers flexibility for those intending to live in one unit while renting the other, or for those wanting to add an income-producing asset to their portfolio. The home will be delivered vacant. Situated near local schools, shopping centers, public transportation, and major highways, this multi-family home has a property size of 3487 square feet and sits on a lot of approximately 0.08 acres.
Financial Insights
Value Estimation Calculated for Multifamily LT 5
Conservative
$648.4K
NOI $58,359 @ 9.00% cap · cautious / downside scenario
Moderate
$833.7K
NOI $58,359 @ 7.00% cap · market / base-case scenario
Aggressive
$1.17M
NOI $58,359 @ 5.00% cap · optimistic / upside scenario
NOI & Cap Rate Calculator
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.
Calculated for Multifamily LT 5
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $89.1k | $25.56 |
| − Vacancy | −$5.8k | −$1.65 |
| EGI | $83.4k | $23.91 |
| − OpEx | −$25.0k | −$7.17 |
| NOI | $58.4k | $16.74 |
3,487 SF · lease $25.56/SF/yr · vacancy 6.46% · expense 30.00%
Alternative Use Scenarios
Best Use
Multifamily LT 5
$833.7K
$729.5K – $972.7K
NOI $58,359 @ 7.0% cap · market cap 7.20%
Second Best
Apartment 5plus
$766.0K
$670.3K – $893.7K
NOI $53,623 @ 7.0% cap · market cap 6.62%
Theoretical Best
Office A
$910.5K
$796.7K – $1.06M
NOI $63,737 @ 7.0% cap · market cap 7.87%
Zoning and permitted uses should be independently verified with local authorities.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Duplexes
Location Insight
- Map
- Local Demand
- City
- Hillside
- County
- Union
- State
- New Jersey
- Longitude
- -74.2289528
- Latitude
- 40.6933251
Nearby Similar for Sale
FAQs
What type of property is this?
Duplex - Meticulously maintained two-family home in Hillside, move-in ready condition.
Where is this duplex located?
The property is located at 149 Baltimore Ave Hillside, NJ.
What is the asking price?
The asking price for this property is $810,000.
What are key features of this property?
This property features: Move‑in ready two‑family home, ideal for investors or owner‑occupants.; Delivered vacant for maximum buyer flexibility.; Spacious units with abundant natural light: First unit (3 beds, 1.5 baths), Second unit (3 beds, 2 baths).
