Two-Unit Duplex with
For Sale
$779,000
411 Hazel St, Clifton, NJ 07011
Each residence has separate utilities for heat and hot water.
Property Size2,100 SF
Price / SF$370.95
Days on Market43
Property Features for 411 Hazel St
General Information
Standard status
Active
Size
2,100 SF
Total Parking Spaces
4
Property subtype
Multi Family Home
Units
Unit Mix
2 x 3BR/1BA
Multifamily Units
2
Additional Details
Public Transit
Yes
Amenities
bonus partially finished heated attic
full basement with laundry hookups
Deck
Building Details
Building Size
2,100 SF
Year Built
1920
Units
2
Listing Agency:
Realty One Group Legend
(973) 772-0660
Listed By:
Anthony Khiami
(973) 340-3300
Source:
Arcadiarealtors
Added: Sep 23
Changed: Nov 2
Last Checked: Nov 4 at 8:08AM
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 Realty One Group Legend
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Investment Insights
Based on property information with market context.
This 2,100-square-foot duplex, built in 1920, contains two residences. Each has a living room, formal dining room, eat-in kitchen, three bedrooms, and one full bathroom. A heated attic is partially finished, and the full basement includes laundry hookups.
The property also has a detached two-car garage and off-street parking. Heat and hot-water utilities are separate for the two units. Transit, schools, and shopping are nearby in Clifton.
The property also has a detached two-car garage and off-street parking. Heat and hot-water utilities are separate for the two units. Transit, schools, and shopping are nearby in Clifton.
Key Highlights
- Two residences, each with a living room, formal dining room, eat‑in kitchen, 3 bedrooms, and 1 full bath
- 2,100 square feet; built in 1920
- Partially finished, heated attic and full basement with laundry hookups
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$35,146
Cap Rate
4.51%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$702,920
$702.9K
Cap Rate 7%
$502,086
$502.1K
Cap Rate 9%
$390,511
$390.5K
Market Conditions
NOI Build-Up for 2,100 SF
Gross rent
$53.7K $25.56/SF
− Vacancy
−$3.5K −$1.65/SF
EGI
$50.2K $23.91/SF
− OpEx
−$15.1K −$7.17/SF
NOI
$35.1K $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%
$702,920
Cap Rate 7%
$502,086
Cap Rate 9%
$390,511
Alternative Uses
Best Use
Multifamily LT 5
$502.1K
$439.3K – $585.8K
NOI $35,146 @ 7.0% cap · market cap 4.51%
Second Best
Apartment 5plus
$461.3K
$403.7K – $538.2K
NOI $32,294 @ 7.0% cap · market cap 4.15%
Theoretical Best
Office A
$548.4K
$479.8K – $639.8K
NOI $38,385 @ 7.0% cap · market cap 4.93%
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
1,388
Businesses Nearby
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Business Placement
Demographics for 07011, NJ
41,691
Population
14,198
Households
2.9
Avg Household Size
37
Median Age
23%
College-Educated
85%
High-School Grad
3.1 sq mi
ZIP Area
13,449
Density / Sq Mi
$73,589
Median Household Income
$41,323
Median Earnings
$1,613
Median Rent
$403,200
Median Home Value
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Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Duplex - Each residence has separate utilities for heat and hot water.
Where is this duplex located?
The property is located at 411 Hazel St Clifton, NJ.
What is the asking price?
The asking price for this property is $779,000.
What are key features of this property?
This property features: Two residences, each with a living room, formal dining room, eat‑in kitchen, 3 bedrooms, and 1 full bath; 2,100 square feet; built in 1920; Partially finished, heated attic and full basement with laundry hookups
