Two-Family House with Finished
220 Clinton Ave Clifton, NJ 07011
New
220 Clinton Ave, Clifton, NJ, 07011
$750,000
For Sale
$750,000
MULTI_FAMILY - Clifton City, NJ
Property Size2,054 SF
Lot Size0.10 Acres
Price / SF$365.14
Days on Market2
Property Features for 220 Clinton Ave
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 3
- Bathrooms
- 3
- Rooms
- Bathroom 3, Bathroom 1, Bathroom 2, Bedroom 1, Bedroom 2, Basement, Bedroom 3
- Parking
- 1
- Patio and Porch features
- Patio
- Interior features
- Carbon Monoxide Detector, Carpeting, Smoke Detector, Wood Floors
- Exterior features
- Patio
- Standard status
- Active
- Size
- 2,054 SF
- Lot size
- 0.10 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Annual Amount
- 11547
Utilities
- Sewer type
- Public Sewer
- Cooling system
- Ductless, Ceiling Fan(s)
- Water source
- Public
Building Details
- Year built
- 1920
- Floors in Building
- 2
- Number of units
- 2
- Roof type
- Shingle
- Architectural style
- Other
Listing agency
REAL
(855) 450-0442
Listed by
NURYS ROSARIO · License #251908
Added: Jul 21 Checked: Jul 21 at 11:06PM
MLS# 4042099
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.
Investment Insights
Based on property information with market context.
This well-maintained two-family house offers two separate living areas with a finished basement. The first floor includes a living room with a wood-burning fireplace (as-is), a master bedroom with an additional room that can be used as a walking closet, nursery, or office, a second bedroom, a formal dining room, and a family room with a gas fireplace. A modern eat-in kitchen features granite counters and stainless steel appliances, and the family room, dining room, and eat-in kitchen area are supported by a ductless split AC unit.
The second floor features a living room, bedroom, eat-in kitchen, a large bathroom, and a storage room. The full finished basement includes a family room, dry bar, summer kitchen, full bathroom, utility room, and additional storage, along with a wood fireplace (as-is) that has not been used in many years.
The property also has a detached garage with storage and a patio/BBQ area, and is insured under an underground oil tank. The home is described as being conveniently located with easy access to parks, schools, shopping, public transportation, and minutes from highways.
The second floor features a living room, bedroom, eat-in kitchen, a large bathroom, and a storage room. The full finished basement includes a family room, dry bar, summer kitchen, full bathroom, utility room, and additional storage, along with a wood fireplace (as-is) that has not been used in many years.
The property also has a detached garage with storage and a patio/BBQ area, and is insured under an underground oil tank. The home is described as being conveniently located with easy access to parks, schools, shopping, public transportation, and minutes from highways.
Key Highlights
- 2‑family house with 3 bedrooms and a full finished basement, plus detached garage and patio/BBQ area
- Living room and basement both feature wood‑burning fireplaces (as‑is condition; not used in many years)
- Modern eat‑in kitchen with granite counters and stainless steel appliances
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 | $52.5k | $25.56 |
| − Vacancy | −$3.4k | −$1.65 |
| EGI | $49.1k | $23.91 |
| − OpEx | −$14.7k | −$7.17 |
| NOI | $34.4k | $16.74 |
2,054 SF · lease $25.56/SF/yr · vacancy 6.46% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$491.1K
$429.7K – $572.9K
NOI $34,376 @ 7.0% cap · market cap 4.58%
Second Best
Apartment 5plus
$451.2K
$394.8K – $526.4K
NOI $31,586 @ 7.0% cap · market cap 4.21%
Theoretical Best
Office A
$536.3K
$469.3K – $625.7K
NOI $37,544 @ 7.0% cap · market cap 5.01%
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 - Well-maintained two-family residence with finished basement, detached garage, patio area, and as-is wood fireplaces.
Where is this duplex located?
The property is located at 220 Clinton Ave Clifton, NJ.
What is the asking price?
The asking price for this property is $750,000.
What are key features of this property?
This property features: 2‑family house with 3 bedrooms and a full finished basement, plus detached garage and patio/BBQ area; Living room and basement both feature wood‑burning fireplaces (as‑is condition; not used in many years); Modern eat‑in kitchen with granite counters and stainless steel appliances