Duplex with Private
41 N 14th St, Hawthorne, NJ 07506
For Sale
$650,000
Two updated kitchens and ground-floor laundry add practical features to the two-unit layout.
Property Size1,469 SF
Price / SF$442.48
Days on Market95
Property Features for 41 N 14th St
General Information
Standard status
Size
Property subtype
Additional Details
Multifamily Units
Amenities
See Remarks
Wood Floors
Deck
Building Details
Building Size
Year Built
Units
Listing Agency:
Prestige Property Group Montclair
(973) 860-7595
Listed By:
Joseph Aziz · License #293956
(201) 708-5067
Source:
Culturaunitedrealty
Added: Aug 7
Changed: Nov 7
Last Checked: Nov 8 at 8:14PM
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 Prestige Property Group Montclair
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Investment Insights
Based on property information with market context.
This 1,469-square-foot duplex, built in 1938, has hardwood flooring and updated kitchens with tile backsplashes and countertops. Each kitchen connects to a private deck facing the backyard. The ground-floor unit also has a washer and dryer, adding laundry convenience within the property.
Key Highlights
- Two‑family duplex with 1,469 square feet
- Private deck connected to each kitchen
- Updated kitchens with tile backsplashes and countertops
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$24,585
Cap Rate
3.78%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$491,700
$491.7K
Cap Rate 7%
$351,214
$351.2K
Cap Rate 9%
$273,167
$273.2K
Market Conditions
NOI Build-Up for 1,469 SF
Gross rent
$37.5K $25.56/SF
− Vacancy
−$2.4K −$1.65/SF
EGI
$35.1K $23.91/SF
− OpEx
−$10.5K −$7.17/SF
NOI
$24.6K $16.74/SF
Area
Passaic 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%
$491,700
Cap Rate 7%
$351,214
Cap Rate 9%
$273,167
Alternative Uses
Best Use
Multifamily LT 5
$351.2K
$307.3K – $409.8K
NOI $24,585 @ 7.0% cap · market cap 3.78%
Second Best
Apartment 5plus
$322.7K
$282.4K – $376.5K
NOI $22,590 @ 7.0% cap · market cap 3.48%
Theoretical Best
Office A
$383.6K
$335.6K – $447.5K
NOI $26,851 @ 7.0% cap · market cap 4.13%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
793
Businesses Nearby
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Business Placement
Demographics for 07506, NJ
19,637
Population
8,033
Households
2.4
Avg Household Size
42
Median Age
45%
College-Educated
95%
High-School Grad
3.3 sq mi
ZIP Area
5,951
Density / Sq Mi
$118,093
Median Household Income
$62,495
Median Earnings
$1,828
Median Rent
$499,200
Median Home Value
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Market
Average Price Trend$/SF for Duplexes in Passaic County, NJ
Properties on Market for Duplexes in Passaic County
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Duplex - Two updated kitchens and ground-floor laundry add practical features to the two-unit layout.
Where is this duplex located?
The property is located at 41 N 14th St Hawthorne, NJ.
What is the asking price?
The asking price for this property is $650,000.
What are key features of this property?
This property features: Two‑family duplex with 1,469 square feet; Private deck connected to each kitchen; Updated kitchens with tile backsplashes and countertops
