Duplex with Attached
New
For Sale
$1,139,000
457 Lincoln Ave Unit 457, Cliffside Park, NJ 07010
A three-bedroom residence offers a dedicated office, central air conditioning, and a private deck.
Property Size2,750 SF
Price / SF$414.18
Days on Market3
Property Features for 457 Lincoln Ave Unit 457
General Information
Standard status
Active
Size
2,750 SF
Property subtype
Commercial
Amenities
fireplace
deck
central AC
central vacuum
Building Details
Year Built
2019
Construction
brick
Listing Agency:
Realty 7, LLC
(201) 857-8777
Listed By:
Jennifer Noh ()
Source:
Fortuneluxuryrealty
Added: Oct 24
Changed: Oct 25
Last Checked: Oct 25 at 2:45AM
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 7, LLC
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
Built in 2019, this brick duplex provides approximately 2,750 square feet across multiple levels. The ground floor includes an attached garage, family room, office, full bathroom, and backyard access. The main level has a living room with fireplace, formal dining room, kitchen, and half bath, with a sliding door opening to the deck. Upstairs are the primary suite, two additional bedrooms, a full bathroom, and a laundry room with full-size washer and dryer. Central air conditioning and central vacuum are also installed.
The property is near the Fort Lee border, with access to transportation and shopping. The listing also notes an easy commute to New York.
The property is near the Fort Lee border, with access to transportation and shopping. The listing also notes an easy commute to New York.
Key Highlights
- Built in 2019 with approximately 2,750 square feet of living space
- Three bedrooms and 3.5 bathrooms
- Brick exterior and attached garage
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$46,024
Cap Rate
4.04%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$920,480
$920.5K
Cap Rate 7%
$657,486
$657.5K
Cap Rate 9%
$511,378
$511.4K
Market Conditions
NOI Build-Up for 2,750 SF
Gross rent
$70.3K $25.56/SF
− Vacancy
−$4.5K −$1.65/SF
EGI
$65.7K $23.91/SF
− OpEx
−$19.7K −$7.17/SF
NOI
$46.0K $16.74/SF
Area
Bergen 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%
$920,480
Cap Rate 7%
$657,486
Cap Rate 9%
$511,378
Alternative Uses
Best Use
Multifamily LT 5
$657.5K
$575.3K – $767.1K
NOI $46,024 @ 7.0% cap · market cap 4.04%
Second Best
Apartment 5plus
$604.1K
$528.6K – $704.8K
NOI $42,290 @ 7.0% cap · market cap 3.71%
Theoretical Best
Office A
$718.1K
$628.3K – $837.8K
NOI $50,266 @ 7.0% cap · market cap 4.41%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Location Intelligence
Trade Area within ½ mile
2,079
Businesses Nearby
Explore this area
Business Placement
Demographics for 07010, NJ
25,721
Population
11,223
Households
2.3
Avg Household Size
42
Median Age
42%
College-Educated
86%
High-School Grad
1.0 sq mi
ZIP Area
25,721
Density / Sq Mi
$94,960
Median Household Income
$55,625
Median Earnings
$1,783
Median Rent
$577,200
Median Home Value
Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Duplex - A three-bedroom residence offers a dedicated office, central air conditioning, and a private deck.
Where is this duplex located?
The property is located at 457 Lincoln Ave Unit 457 Cliffside Park, NJ.
What is the asking price?
The asking price for this property is $1,139,000.
What are key features of this property?
This property features: Built in 2019 with approximately 2,750 square feet of living space; Three bedrooms and 3.5 bathrooms; Brick exterior and attached garage
