Top-and-Bottom Duplex with
27 Hillcrest Ave, Lodi, NJ 07644
For Sale
$619,000
Two apartments feature separate entrances, flexible living areas, eat-in kitchens, and access to a shaded private side yard.
Property Size1,456 SF
Price / SF$425.14
Days on Market52
Property Features for 27 Hillcrest Ave
General Information
Standard status
Size
Property subtype
Site & Location
Highway Access
Public Transit
Units
Unit Mix
Multifamily Units
Amenities
front porch
private side yard
washer/dryer hook up
Building Details
Year Built
Listing Agency:
TERRIE O'CONNOR REALTORS
Listed By:
AMY PARKER
(201) 786-9055
Source:
Luminancerealty
Added: Sep 19
Changed: Oct 26
Last Checked: Oct 5 at 10:57PM
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 TERRIE O'CONNOR REALTORS
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 1,456-square-foot duplex, built in 1957, is arranged as upper and lower apartments with separate entry points from a covered front porch. Each residence includes two bedrooms, one bathroom, a living room, and an eat-in kitchen. The first-floor unit also has exterior access from the kitchen. A basement extends the usable area and can be reached from the lower apartment or through rear stairs from the yard; it is unfinished and includes washer and dryer connections.
The property includes a private side yard with mature trees. Its Lodi Boro location provides access to Routes 80 and 46, NJ Transit, and bus and train commuter service to New York City.
The property includes a private side yard with mature trees. Its Lodi Boro location provides access to Routes 80 and 46, NJ Transit, and bus and train commuter service to New York City.
Key Highlights
- Duplex contains two 2‑bedroom, 1‑bath apartments
- 1,456 SF property built in 1957
- Separate entrances serve the upper and lower residences
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$24,368
Cap Rate
3.94%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$487,360
$487.4K
Cap Rate 7%
$348,114
$348.1K
Cap Rate 9%
$270,756
$270.8K
Market Conditions
NOI Build-Up for 1,456 SF
Gross rent
$37.2K $25.56/SF
− Vacancy
−$2.4K −$1.65/SF
EGI
$34.8K $23.91/SF
− OpEx
−$10.4K −$7.17/SF
NOI
$24.4K $16.74/SF
Area
Bergen County, NJ
Vacancy
6.46%
Lease Rate
$25.56 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$487,360
Cap Rate 7%
$348,114
Cap Rate 9%
$270,756
Alternative Uses
Best Use
Multifamily LT 5
$348.1K
$304.6K – $406.1K
NOI $24,368 @ 7.0% cap · market cap 3.94%
Second Best
Apartment 5plus
$319.9K
$279.9K – $373.2K
NOI $22,390 @ 7.0% cap · market cap 3.62%
Theoretical Best
Office A
$380.2K
$332.7K – $443.6K
NOI $26,613 @ 7.0% cap · market cap 4.30%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Lease Details
2
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
1,089
Businesses Nearby
Explore this area
Business Placement
Demographics for 07644, NJ
26,206
Population
9,864
Households
2.7
Avg Household Size
39
Median Age
28%
College-Educated
85%
High-School Grad
2.3 sq mi
ZIP Area
11,394
Density / Sq Mi
$84,570
Median Household Income
$48,142
Median Earnings
$1,675
Median Rent
$449,200
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Properties on Market for Duplexes in Lodi
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Duplex - Two apartments feature separate entrances, flexible living areas, eat-in kitchens, and access to a shaded private side yard.
Where is this duplex located?
The property is located at 27 Hillcrest Ave Lodi, NJ.
What is the asking price?
The asking price for this property is $619,000.
What are key features of this property?
This property features: Duplex contains two 2‑bedroom, 1‑bath apartments; 1,456 SF property built in 1957; Separate entrances serve the upper and lower residences
