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Duplex With Patio
New
For Sale
$750,000
Pending

42 Lorraine Ter, Boonton, NJ 07005

Multi-Family, Under/Over, Boonton Town, NJ

Property SizeContact for details
Lot Size0.11 Acres
Days on Market3

Property Features for 42 Lorraine Ter

General Information

Property type Residential Multi Family
Property subtype Other
Zoning Residential
Bedrooms 6
Bathrooms 2
Full bathrooms 2
Rooms Bedroom 1, Bathroom 2, Bedroom 3, Bedroom 5, Bedroom 4, Bedroom 2, Bathroom 1, Bedroom 6
Parking 3
Patio and Porch features Patio
Interior features Carbon Monoxide Detector, Smoke Detector
Exterior features Patio
Lot features Level Lot
Elementary school School St.
Middle school John Hill
High school Boonton
Directions Cedar or Hillside to Lorraine to #42.
Standard status Pending
Lot size 0.11 Acres

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 11884

Utilities

Utilities Cable Available
Sewer type Public Sewer
Cooling system Ceiling Fan(s)
Water source Public

Building Details

Year built 1970
Number of units 2
Roof type Shingle
Architectural style Other
Listing Agency: KELLER WILLIAMS METROPOLITAN · Keller Williams Realty
Listed By: MICHAEL A. PARKER · License #1648824
Added: Oct 4 Changed: Oct 5 Last Checked: Oct 6 at 6:06PM
MLS# 4056838

Copyright © 2026 Garden State MLS, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This duplex was built in 1970 and includes six bedrooms and two bathrooms. A patio provides an outdoor feature, while ceiling fans are listed for cooling. The property has a shingle roof and carbon monoxide and smoke detectors.

The 0.11-acre property is zoned Residential and is served by public water and public sewer. Cable is available.

Key Highlights

  • Duplex built in 1970
  • Six bedrooms and two bathrooms
  • 0.11‑acre lot

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick Veterinary Clinic (Bike/Boat/Book/etc) Store Real Estate Agency Daycare Center Cosmetic Store Pet Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

916
Businesses Nearby

Demographics for 07005, NJ

15,985
Population
6,115
Households
2.6
Avg Household Size
43
Median Age
56%
College-Educated
96%
High-School Grad
18.3 sq mi
ZIP Area
873
Density / Sq Mi
$126,411
Median Household Income
$66,198
Median Earnings
$1,779
Median Rent
$565,900
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Duplex - Residential zoning and public water and sewer serve this duplex property.
Where is this duplex located?
The property is located at 42 Lorraine Ter Boonton, NJ.
What is the asking price?
The asking price for this property is $750,000.
What are key features of this property?
This property features: Duplex built in 1970; Six bedrooms and two bathrooms; 0.11‑acre lot
More about this property
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