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Updated Duplex
For Sale
$665,000

40 W Fairview Ave, Dover, NJ 07801

Separate living spaces allow for rental use or owner occupancy with the other unit contributing income.

Property SizeContact for details
Days on Market16

Property Features for 40 W Fairview Ave

General Information

Standard status Active
Total Parking Spaces 6
Property subtype Multi Family Home
Net Operating Income $52,300

Additional Details

Public Transit Yes
Multifamily Units 2

Building Details

Year Built 1920
Units 2
Listing Agency: X Realty Corp.
Listed By: Christian Rugel · License #301714
Source: Culturaunitedrealty
Added: Oct 9 Changed: Oct 23 Last Checked: Oct 23 at 5:45PM

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 X Realty Corp.

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Investment Insights

Based on property information with market context.

Built in 1920, this two-unit property has a one-bedroom lower residence with a large dining room and Florida room. The upper unit includes three bedrooms and 1.5 baths; each unit has potential for an additional bedroom. The upper residence is vacant. A front porch, second-floor balcony, detached two-car garage, and off-street parking are also part of the property.

Recent work includes a new roof, new windows, new electrical, newer furnaces, fresh paint, and interior renovations. The property is in Dover, where NJ Transit rail service connects to New York City and downtown offers shopping and restaurants.

Key Highlights

  • Two‑unit property built in 1920
  • Lower residence has 1 bedroom, a large dining room, and a Florida room
  • Upper residence has 3 bedrooms and 1.5 baths; both units have potential for an additional bedroom

Property Analytics

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Lease Details

2
Residential units

Location Intelligence

Trade Area within ½ mile

1,237
Businesses Nearby

Demographics for 07801, NJ

25,935
Population
9,442
Households
2.7
Avg Household Size
38
Median Age
22%
College-Educated
81%
High-School Grad
13.0 sq mi
ZIP Area
1,995
Density / Sq Mi
$78,053
Median Household Income
$37,316
Median Earnings
$1,747
Median Rent
$369,400
Median Home Value
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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 living spaces allow for rental use or owner occupancy with the other unit contributing income.
Where is this duplex located?
The property is located at 40 W Fairview Ave Dover, NJ.
What is the asking price?
The asking price for this property is $665,000.
What are key features of this property?
This property features: Two‑unit property built in 1920; Lower residence has 1 bedroom, a large dining room, and a Florida room; Upper residence has 3 bedrooms and 1.5 baths; both units have potential for an additional bedroom
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