Well-Maintained Brick Two-Family
1570 Clinton Place Hillside, NJ 07205
1570 Clinton Place, Hillside, NJ, 07205
$649,999
For Sale
$649,999
Two-family property with updated units and finished basements.
Property Size1,200 SF
Price / SF$541.67
Days on Market127
Property Features for 1570 Clinton Place
General Information
- Standard status
- Active
- Size
- 1,200 SF
- Property subtype
- Multi Family / Duplex-Side by Side
Building Details
- Year Built
- 1920
Listing Agency
REALTY ONE GROUP LIFESTYLE HOMES
(908) 291-1300
Listed by
JOEL VELIS · License #403474
(908) 291-1300
Source
Compass
Added: Mar 13 Checked: Jul 17 at 3:28 am
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 REALTY ONE GROUP LIFESTYLE HOMES
Investment Insights
Based on property information with market context.
This well-maintained brick two-family property features side-by-side units, offering privacy and minimal noise transfer. Ideal for an owner-occupant or investor, each unit includes 2 bedrooms and 1 full bathroom. The right-side unit features an additional rear room suitable for a third bedroom, home office, or flex space and has been fully updated. The right-side unit features central air conditioning and forced hot air, while the left-side unit offers forced hot air. Both units include their own finished basements, providing additional living, storage, or recreational space. A private driveway accommodates up to three cars, and the fully paved backyard offers a low-maintenance outdoor area. The property is conveniently located near the Garden State Parkway, US Route 22, bus and train transportation to NYC, houses of worship, and George Washington Elementary School. The property size is 1200 square feet.
Key Highlights
- Side‑by‑side two‑family layout provides enhanced privacy and reduced noise.
- Right‑side unit is fully updated and includes central air conditioning and a versatile rear room.
- Each unit has its own finished basement, expanding living and storage space.
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 | $30.7k | $25.56 |
| − Vacancy | −$2.0k | −$1.65 |
| EGI | $28.7k | $23.91 |
| − OpEx | −$8.6k | −$7.17 |
| NOI | $20.1k | $16.74 |
1,200 SF · lease $25.56/SF/yr · vacancy 6.46% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$286.9K
$251.0K – $334.7K
NOI $20,083 @ 7.0% cap · market cap 3.09%
Second Best
Apartment 5plus
$263.6K
$230.7K – $307.6K
NOI $18,454 @ 7.0% cap · market cap 2.84%
Theoretical Best
Office A
$313.3K
$274.2K – $365.6K
NOI $21,934 @ 7.0% cap · market cap 3.37%
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-family property with updated units and finished basements.
Where is this duplex located?
The property is located at 1570 Clinton Place Hillside, NJ.
What is the asking price?
The asking price for this property is $649,999.
What are key features of this property?
This property features: Side‑by‑side two‑family layout provides enhanced privacy and reduced noise.; Right‑side unit is fully updated and includes central air conditioning and a versatile rear room.; Each unit has its own finished basement, expanding living and storage space.
