Updated Duplex with Finished
For Sale
$649,000
529 Clinton St, East Orange, NJ 07018
Two-unit property with renovated interiors, modern kitchens, and a versatile finished attic level.
Property Size2,452 SF
Price / SF$264.68
Days on Market54
Property Features for 529 Clinton St
General Information
Standard status
Active
Size
2,452 SF
Property subtype
Multi-Family
Additional Details
Public Transit
Yes
Multifamily Units
2
Building Details
Buildings
1
Listing Agency:
Keller Williams Park Views
Listed By:
Eyal Levy (201) 640-0487 · License #1540641
(201) 939-0050
Source:
Brentsellsnj
Added: Aug 24
Changed: Oct 15
Last Checked: Oct 16 at 9:20AM
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 Keller Williams Park Views
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Investment Insights
Based on property information with market context.
This updated duplex contains 2,452 sq. ft. across two residential units, with six bedrooms and three bathrooms overall. Both units feature recessed lighting, polished light wood flooring, refreshed gray-and-white interiors, and renovated kitchens with white cabinetry, dark countertops, and integrated appliances. The upper residence includes a finished private attic with vaulted lines and abundant natural light, offering flexible space for a bedroom, office, or media area.
The property is located at 529 Clinton Street in East Orange, with both major train stations approximately a 3-minute drive away and direct service to New York Penn Station. Schools, parks, and dining along Central Avenue are also nearby.
The property is located at 529 Clinton Street in East Orange, with both major train stations approximately a 3-minute drive away and direct service to New York Penn Station. Schools, parks, and dining along Central Avenue are also nearby.
Key Highlights
- 2,452 sq. ft. duplex with 6 bedrooms and 3 bathrooms
- Two residential units with renovated kitchens and integrated appliances
- Upper unit includes a finished private attic level
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$41,037
Cap Rate
6.32%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$820,740
$820.7K
Cap Rate 7%
$586,243
$586.2K
Cap Rate 9%
$455,967
$456.0K
Market Conditions
NOI Build-Up for 2,452 SF
Gross rent
$62.7K $25.56/SF
− Vacancy
−$4.0K −$1.65/SF
EGI
$58.6K $23.91/SF
− OpEx
−$17.6K −$7.17/SF
NOI
$41.0K $16.74/SF
Area
Essex 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%
$820,740
Cap Rate 7%
$586,243
Cap Rate 9%
$455,967
Alternative Uses
Best Use
Multifamily LT 5
$586.2K
$513.0K – $684.0K
NOI $41,037 @ 7.0% cap · market cap 6.32%
Second Best
Apartment 5plus
$538.7K
$471.3K – $628.5K
NOI $37,707 @ 7.0% cap · market cap 5.81%
Theoretical Best
Office A
$640.3K
$560.2K – $747.0K
NOI $44,819 @ 7.0% cap · market cap 6.91%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
1,478
Businesses Nearby
Explore this area
Business Placement
Demographics for 07018, NJ
30,429
Population
13,107
Households
2.3
Avg Household Size
36
Median Age
25%
College-Educated
86%
High-School Grad
1.7 sq mi
ZIP Area
17,899
Density / Sq Mi
$59,039
Median Household Income
$39,630
Median Earnings
$1,410
Median Rent
$314,100
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Duplex - Two-unit property with renovated interiors, modern kitchens, and a versatile finished attic level.
Where is this duplex located?
The property is located at 529 Clinton St East Orange, NJ.
What is the asking price?
The asking price for this property is $649,000.
What are key features of this property?
This property features: 2,452 sq. ft. duplex with 6 bedrooms and 3 bathrooms; Two residential units with renovated kitchens and integrated appliances; Upper unit includes a finished private attic level
