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Two-Unit Duplex with Garage
For Sale
$750,000

420 S Prospect Ave Unit 1240, Bergenfield, NJ 07621

Both residences are tenant occupied, with separate gas and electric meters.

Property SizeContact for details
Days on Market31

Property Features for 420 S Prospect Ave Unit 1240

General Information

Standard status Active
Property subtype Multi-Family
Occupancy 100%

Units

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

Amenities

shared laundry
storage shed
fenced shared yard

Building Details

Year Built 1948
Tenancy Multi
Listing Agency: TERRIE O'CONNOR REALTORS
Listed By: ANN MARIE DILONARDO · License #10401218939
Source: Luminancerealty
Added: Oct 4 Changed: Oct 25 Last Checked: Oct 5 at 8:39PM

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 TERRIE O'CONNOR REALTORS

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Investment Insights

Based on property information with market context.

Built in 1948, this duplex contains two tenant-occupied residences. Each has two bedrooms and one full bathroom. The first-floor home includes a living room, an updated eat-in kitchen with white cabinetry and stainless steel appliances, and a side entrance. Upstairs, an open living and dining area accompanies an updated kitchen; a pull-down attic provides storage. A shared walk-out basement includes laundry and separate storage areas.

The property also has newer boiler systems, a newer water heater, a two-car garage, a storage shed, driveway parking, a rear parking pad, and a fenced shared yard. Gas and electric service are separately metered; the landlord pays for water. Shopping, dining, transportation, and major roads are nearby.

Key Highlights

  • Two residences, each with 2 bedrooms and 1 full bathroom
  • Both units are tenant occupied
  • Separate gas and electric meters; landlord pays water

Property Analytics

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Lease Details

2
Residential units
100%
Occupancy
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

539
Businesses Nearby

Demographics for 07621, NJ

28,321
Population
9,677
Households
2.9
Avg Household Size
40
Median Age
48%
College-Educated
93%
High-School Grad
2.9 sq mi
ZIP Area
9,766
Density / Sq Mi
$124,083
Median Household Income
$54,499
Median Earnings
$1,744
Median Rent
$469,200
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 - Both residences are tenant occupied, with separate gas and electric meters.
Where is this duplex located?
The property is located at 420 S Prospect Ave Unit 1240 Bergenfield, 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: Two residences, each with 2 bedrooms and 1 full bathroom; Both units are tenant occupied; Separate gas and electric meters; landlord pays water
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