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Expanded Duplex with Detached Garage
New
For Sale
$749,000

305 Falmouth Avenue, Elmwood Park, NJ 07407

Two residential units and a finished basement support flexible household arrangements or rental use.

Property SizeContact for details
Lot Size0.17 Acres
Days on Market7

Property Features for 305 Falmouth Avenue

General Information

Standard status Active
Lot size 0.17 Acres
Property subtype MULTI_FAMILY

Units

Unit Mix 1 x 3BR, 1 x 1BR
Multifamily Units 2

Additional Details

Public Transit Yes

Taxes and HOA fees

Annual Taxes $12,238

Amenities

underground sprinkler system
central air conditioning
finished basement
large backyard
Bilco doors

Building Details

Buildings 1
Construction brick
Listing Agency: Aldo's Realty
Listed By: Justin W. Marchese III
Source: Tarvinrealtors
Added: Aug 6 Changed: Aug 10 Last Checked: Aug 11 at 1:03PM

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 Aldo's Realty

Investment Insights

Based on property information with market context.

This expanded duplex includes a three-bedroom first-floor residence and a renovated one-bedroom second-floor apartment. The main unit has a living room, formal dining room, and eat-in kitchen, while the upper apartment includes laminate flooring, an eat-in kitchen, and added storage. A finished basement with a full bathroom and Bilco doors provides additional usable space. The property also features central air conditioning, a brick exterior, an underground sprinkler system, and a detached two-car garage.

Set on a 75 x 100 lot, the property includes a large backyard and an oversized paver driveway with parking for 4+ cars. Parks, shopping, restaurants, and NYC transportation are located nearby. The configuration supports separate household living, extended-family use, or rental occupancy within the two-unit layout.

Key Highlights

  • Three‑bedroom first‑floor unit paired with a renovated one‑bedroom apartment
  • Finished basement includes a full bathroom and Bilco doors
  • 75 x 100 lot with large backyard

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Real Estate Agency Hotel & Motel Parking Lot & Garage Tattoo & Piercing Shop Daycare Center

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

631
Businesses Nearby

Demographics for 07407, NJ

21,422
Population
7,561
Households
2.8
Avg Household Size
41
Median Age
36%
College-Educated
91%
High-School Grad
2.6 sq mi
ZIP Area
8,239
Density / Sq Mi
$100,852
Median Household Income
$51,764
Median Earnings
$2,025
Median Rent
$456,000
Median Home Value

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 residential units and a finished basement support flexible household arrangements or rental use.
Where is this duplex located?
The property is located at 305 Falmouth Avenue Elmwood Park, NJ.
What is the asking price?
The asking price for this property is $749,000.
What are key features of this property?
This property features: Three‑bedroom first‑floor unit paired with a renovated one‑bedroom apartment; Finished basement includes a full bathroom and Bilco doors; 75 x 100 lot with large backyard
More about this property
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