4-Unit Quadplex Near
For Sale
$874,000
22 Sunset Terrace, Mount Arlington, NJ 07856
Separate metering and tankless water heating serve each unit, supporting efficient property operations.
Property SizeContact for details
Days on Market178
Property Features for 22 Sunset Terrace
General Information
Standard status
Active
Property subtype
Multi Family
Net Operating Income
$92,000
Additional Details
Cap Rate
7.1%
Multifamily Units
4
Taxes and HOA fees
Annual Taxes
$14,859
Amenities
7
6
6.0
18
Bilco, unfinished
Vinyl Siding
Building Details
Year Built
1900
Listing Agency:
Blueline Realty Group LLC
(201) 697-6886
Listed By:
Tiffany Leape · License #2187745
(201) 697-6886
Source:
Compass
Added: Mar 5
Changed: Aug 30
Last Checked: Aug 30 at 5:33AM
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 Blueline Realty Group LLC
Investment Insights
Based on property information with market context.
This 4-unit quadplex occupies nearly a full acre near Lake Hopatcong and includes lake views. The property has vinyl siding, a newly paved driveway, and a retaining wall. Separate metering serves each unit, while newer tankless water heating systems are installed throughout the property. Three units are identified as having potential for interior rent growth with light renovations. A legal 5th unit may be possible, subject to municipal approvals.
The property is within walking distance of a public beach and near a marina, shopping, and dining. Built in 1900, it combines an established residential structure with a lake-community setting and documented income characteristics, including a 7.1% cap rate. Interior information includes Bilco access and unfinished space.
The property is within walking distance of a public beach and near a marina, shopping, and dining. Built in 1900, it combines an established residential structure with a lake-community setting and documented income characteristics, including a 7.1% cap rate. Interior information includes Bilco access and unfinished space.
Key Highlights
- 4‑unit property on nearly a full acre
- 7.1% cap rate with low operating expenses
- Potential legal 5th unit subject to municipal approvals
Property Analytics
Property Profile
Current Use
Lease Details
4
Residential units
Location Intelligence
Trade Area within ½ mile
115
Businesses Nearby
Explore this area
Business Placement
Demographics for 07856, NJ
4,791
Population
2,441
Households
2
Avg Household Size
50
Median Age
48%
College-Educated
97%
High-School Grad
3.4 sq mi
ZIP Area
1,409
Density / Sq Mi
$98,397
Median Household Income
$67,359
Median Earnings
$2,374
Median Rent
$389,500
Median Home Value
Market
Vacancy Rate% for Multifamily in Northeast region
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Frequently Asked Questions
What type of property is this?
Quadplex - Separate metering and tankless water heating serve each unit, supporting efficient property operations.
Where is this quadplex located?
The property is located at 22 Sunset Terrace Mount Arlington, NJ.
What is the asking price?
The asking price for this property is $874,000.
What are key features of this property?
This property features: 4‑unit property on nearly a full acre; 7.1% cap rate with low operating expenses; Potential legal 5th unit subject to municipal approvals
