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Two-Unit Duplex with Garage
For Sale
$699,000

314 Lincoln Ave E, Cranford, NJ 07016

Separate utilities and laundry hookups serve both apartments, with washer and dryer included in each.

Property SizeContact for details
Days on Market44

Property Features for 314 Lincoln Ave E

General Information

Standard status Active
Total Parking Spaces 3
Property subtype Multi Family Home
Net Operating Income $9,999

Units

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

Additional Details

Public Transit Yes

Amenities

basement
yard
patio
separate utilities
baseboard heating
window A/C units
laundry hookups
washer and dryer
Smoke Detector
Tile Floors
Walk-In Closet
Window Treatments
Wood Floors
Curbs
Patio

Building Details

Year Built 1920
Buildings 1
Stories 2
Units 2
Listing Agency: Keller Williams Realty
Listed By: Steve Oliveira
Source: Cammarotarealestate
Added: Sep 10 Changed: Oct 22 Last Checked: Oct 22 at 2:36PM

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 Keller Williams Realty

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Investment Insights

Based on property information with market context.

Built in 1920, this duplex contains two apartments with separate utilities, baseboard heat, window air-conditioning units, and dedicated laundry hookups. The first-floor unit has two bedrooms and one full bathroom, with an open living, dining, and kitchen area. It is vacant and connects directly to a basement suited to storage, laundry, or workshop use. The second-floor apartment has one bedroom and one full bathroom and is rented. A washer and dryer are included for each unit.

Outside, the property has a two-car garage, a large driveway, a yard, and a patio. NJ Transit rail service is one block away, and the property also has access to NYC-direct bus service. Parks, schools, Droescher's Mill, and downtown Cranford are nearby.

Key Highlights

  • Two apartments: a vacant 2‑bedroom, 1‑bath first‑floor unit and a rented 1‑bedroom, 1‑bath second‑floor unit
  • 1920 construction
  • Separate utilities, baseboard heat, window A/C, and laundry hookups for both apartments

Property Analytics

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Lease Details

2
Residential units

Location Intelligence

Trade Area within ½ mile

1,595
Businesses Nearby

Demographics for 07016, NJ

23,827
Population
9,619
Households
2.5
Avg Household Size
42
Median Age
65%
College-Educated
97%
High-School Grad
4.7 sq mi
ZIP Area
5,070
Density / Sq Mi
$148,629
Median Household Income
$84,980
Median Earnings
$2,116
Median Rent
$635,800
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025

Frequently Asked Questions

What type of property is this?
Duplex - Separate utilities and laundry hookups serve both apartments, with washer and dryer included in each.
Where is this duplex located?
The property is located at 314 Lincoln Ave E Cranford, NJ.
What is the asking price?
The asking price for this property is $699,000.
What are key features of this property?
This property features: Two apartments: a vacant 2‑bedroom, 1‑bath first‑floor unit and a rented 1‑bedroom, 1‑bath second‑floor unit; 1920 construction; Separate utilities, baseboard heat, window A/C, and laundry hookups for both apartments
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