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Two-Unit Duplex with Solar Panels
For Sale
$795,000
Pending

514 Division Avenue, Carlstadt, NJ 07072

Separate utilities serve the upper apartment, and solar panels are installed at the property.

Property SizeContact for details
Days on Market27

Property Features for 514 Division Avenue

General Information

Standard status Pending
Property subtype MULTI_FAMILY

Units

Unit Mix 3BR first floor, 2BR second floor
Multifamily Units 2

Taxes and HOA fees

Annual Taxes $9,329

Amenities

updated kitchen
finished basement
solar panels

Building Details

Buildings 1
Listing Agency: RE/MAX Properties-Saddle River
Listed By: Fred Molina
Source: Serhant
Added: Sep 6 Changed: Oct 2 Last Checked: Oct 1 at 7:43PM

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 RE/MAX Properties-Saddle River

Investment Insights

Based on property information with market context.

This two-unit duplex has a three-bedroom first-floor residence with five rooms, an updated kitchen, and a finished basement. The upper apartment contains four rooms and two bedrooms, with separate utilities. Solar panels are also installed at the property.

The home is in Carlstadt, New Jersey, with access to Manhattan noted as a location feature.

Key Highlights

  • Two‑unit duplex with separate utilities for the upper apartment
  • First‑floor residence has 5 rooms, 3 bedrooms, and an updated kitchen
  • Finished basement provides additional interior space

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick Law Firm Parking Lot & Garage (Bike/Boat/Book/etc) Store Tattoo & Piercing Shop Garden Center Tanning Salon

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

Lease Details

2
Residential units

Location Intelligence

Trade Area within ½ mile

1,211
Businesses Nearby

Demographics for 07072, NJ

6,372
Population
2,733
Households
2.3
Avg Household Size
42
Median Age
32%
College-Educated
96%
High-School Grad
3.9 sq mi
ZIP Area
1,634
Density / Sq Mi
$94,854
Median Household Income
$49,563
Median Earnings
$1,503
Median Rent
$523,800
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
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Frequently Asked Questions

What type of property is this?
Duplex - Separate utilities serve the upper apartment, and solar panels are installed at the property.
Where is this duplex located?
The property is located at 514 Division Avenue Carlstadt, NJ.
What is the asking price?
The asking price for this property is $795,000.
What are key features of this property?
This property features: Two‑unit duplex with separate utilities for the upper apartment; First‑floor residence has 5 rooms, 3 bedrooms, and an updated kitchen; Finished basement provides additional interior space
More about this property
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