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Two-Family House with Finished Basement

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
Listed by NURYS ROSARIO · License #251908
Added: Jul 21 Checked: Jul 22 at 4:06AM
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.

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 (±1% cap)
NOI $34,376 @ 7.0% cap · market cap 4.58%
Second Best
Apartment 5plus
$451.2K
$394.8K – $526.4K (±1% cap)
NOI $31,586 @ 7.0% cap · market cap 4.21%
Theoretical Best
Office A
$536.3K
$469.3K – $625.7K (±1% cap)
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

Suggested Use

Parking Lot & Garage Garden Center Locksmith Tattoo & Piercing Shop (Bike/Boat/Book/etc) Store Hotel & Motel (Bike/Boat/Book/etc) Store Bed & Breakfast (Bike/Boat/Book/etc) Store Butcher

Zoning and permitted uses should be independently verified with local authorities.

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
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