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Renovated Duplex with Detached Garage
New
For Sale
$1,070,000

255 Fairview Ave, Verona, NJ 07044

Two updated residences include flexible lower-level space, substantial parking, and a large backyard.

Property SizeContact for details
Days on Market5

Property Features for 255 Fairview Ave

General Information

Standard status Active
Property subtype Multi Family

Units

Unit Mix 2 x 2BR/1BA
Multifamily Units 2

Taxes and HOA fees

Annual Taxes $16,641

Amenities

detached three-car garage
fully finished basement
laundry area
large backyard

Building Details

Year Built 1913
Buildings 1
Units 2
Listing Agency: THE AGENCY ONE ROCK
Listed By: TAYLOR C. LUCYK
Source: Elliman
Added: Sep 15 Changed: Sep 18 Last Checked: Sep 19 at 9:48AM

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 THE AGENCY ONE ROCK

Investment Insights

Based on property information with market context.

This renovated duplex offers an upper-and-lower residential layout, with each unit providing an open living and dining area, kitchen, two bedrooms, one full bathroom, and storage. The finished basement adds a separate entrance, recreation room, laundry area, and additional storage.

A detached three-car garage with high ceilings is complemented by a long driveway that accommodates multiple vehicles. The property also includes a sizable backyard. Built in 1913, it is located at 255 Fairview Ave in Verona, near downtown Verona, Montclair, the Caldwells, restaurants, shopping, markets, fitness centers, commuting options into NYC, and the Verona Town Pool.

Key Highlights

  • Two‑family duplex with two bedrooms and one full bathroom in each unit
  • Detached three‑car garage with high ceilings
  • Finished basement with separate entrance, recreation room, laundry area, and storage

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick Real Estate Agency Restaurant Law Firm Pharmacy Auto Parts Store Bakery

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Residential units

Location Intelligence

Trade Area within ½ mile

231
Businesses Nearby

Demographics for 07044, NJ

14,572
Population
5,997
Households
2.4
Avg Household Size
44
Median Age
68%
College-Educated
98%
High-School Grad
2.8 sq mi
ZIP Area
5,204
Density / Sq Mi
$159,044
Median Household Income
$85,852
Median Earnings
$2,125
Median Rent
$595,000
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
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Frequently Asked Questions

What type of property is this?
Duplex - Two updated residences include flexible lower-level space, substantial parking, and a large backyard.
Where is this duplex located?
The property is located at 255 Fairview Ave Verona, NJ.
What is the asking price?
The asking price for this property is $1,070,000.
What are key features of this property?
This property features: Two‑family duplex with two bedrooms and one full bathroom in each unit; Detached three‑car garage with high ceilings; Finished basement with separate entrance, recreation room, laundry area, and storage
More about this property
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