Renovated Three-Family
633 Lafayette Ave Hawthorne, NJ 07506
633 Lafayette Ave, Hawthorne, NJ, 07506
$1,199,000
MULTI_FAMILY - Hawthorne Boro, NJ
Property Size3,344 SF
Lot Size0.05 Acres
Price / SF$358.55
AddedMar 17
Days on Market121
Last RefreshJul 15 at 5:06 am
Property Features for 633 Lafayette Ave
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- B-1
- Bedrooms
- 6
- Bathrooms
- 3
- Rooms
- Bedroom 6, Bathroom 3, Bedroom 2, Bedroom 3, Bedroom 1, Basement, Bedroom 4, Bedroom 5, Bathroom 1, Bathroom 2
- Parking
- 2
- Security features
- Security System
- Patio and Porch features
- Deck, Porch
- Interior features
- Carbon Monoxide Detector, Fire Alarm Sys, High Ceilings, Security System, Smoke Detector, Stone Floors, Tile Floors, Wood Floors
- Exterior features
- Deck, Open Porch(es), Sidewalk, Thermal Windows/Doors
- Standard status
- Active
- Size
- 3,344 SF
- Lot size
- 0.05 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Annual Amount
- 11048
Utilities
- Sewer type
- Public Sewer
- Heating system
- Heat Pump (Heating)
- Cooling system
- Ductless
- Water source
- Public
Building Details
- Year built
- 1913
- Floors in Building
- 3
- Number of units
- 3
- Roof type
- Shingle
- Architectural style
- Other
Listing agent SUZANNE COOPER (201) 445-4300
Listing office KELLER WILLIAMS VILLAGE SQUARE 74 GODWIN AVENUE, Ridgewood, NJ (201) 445-4300
Listing date Mar 17, 2026
MLS# 4015100
Listing URL
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 fully renovated three-family building is arranged with one apartment per floor in a three-story layout. Each unit has its own electrical meter and features updated windows, upgraded insulation, and tiled entrances. Common areas include recessed lighting, decorative wainscoting, and ironwood hallway flooring on the second floor. Interior finishes include craftsman-style doors, along with an alternate rear entrance/exit. Exterior features include front and rear Cambridge-style paver areas, a front porch, a second-story balcony, and exterior security cameras.
Heating and cooling are handled with efficient baseboard heat and mini-split A/C units in each apartment. Hot water is provided by a tankless heater, and ceiling fans are included. Kitchens feature new shaker cabinetry and stainless-steel appliances, including a dishwasher. Bathrooms are renovated with porcelain showers, quartz vanities, and large medicine cabinets. Each unit includes its own laundry area with a washer and dryer.
Located at 633 Lafayette Ave in Hawthorne Borough, New Jersey, the property is listed for sale with B-1 zoning and includes two parking spaces. The per-unit utility separation, in-unit laundry, and consistent finishes make the building a practical fit for buyers seeking a renovated residential income asset with turnkey-ready unit features. Cambridge paving, porches, and balconies support comfortable day-to-day tenant usability across the three floors.
Heating and cooling are handled with efficient baseboard heat and mini-split A/C units in each apartment. Hot water is provided by a tankless heater, and ceiling fans are included. Kitchens feature new shaker cabinetry and stainless-steel appliances, including a dishwasher. Bathrooms are renovated with porcelain showers, quartz vanities, and large medicine cabinets. Each unit includes its own laundry area with a washer and dryer.
Located at 633 Lafayette Ave in Hawthorne Borough, New Jersey, the property is listed for sale with B-1 zoning and includes two parking spaces. The per-unit utility separation, in-unit laundry, and consistent finishes make the building a practical fit for buyers seeking a renovated residential income asset with turnkey-ready unit features. Cambridge paving, porches, and balconies support comfortable day-to-day tenant usability across the three floors.
Key Highlights
- Three‑family home built in 1913 with one apartment per floor and its own electrical meter for each unit
- Fully renovated 2025‑2026 with new energy‑efficient windows and upgraded insulation throughout
- Each unit features efficient baseboard heat, ductless mini‑split A/C, tankless hot water heater, and ceiling fans
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $85.5k | $25.56 |
| − Vacancy | −$5.5k | −$1.65 |
| EGI | $80.0k | $23.91 |
| − OpEx | −$24.0k | −$7.17 |
| NOI | $56.0k | $16.74 |
3,344 SF · lease $25.56/SF/yr · vacancy 6.46% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$799.5K
$699.6K – $932.8K
NOI $55,966 @ 7.0% cap · market cap 4.67%
Second Best
Apartment 5plus
$734.6K
$642.8K – $857.1K
NOI $51,424 @ 7.0% cap · market cap 4.29%
Theoretical Best
Office A
$873.2K
$764.0K – $1.02M
NOI $61,123 @ 7.0% cap · market cap 5.10%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Triplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Triplex - Fully renovated three-family with separate electric meters, modern HVAC, and in-unit laundry for streamlined multi-tenant living.
Where is this triplex located?
The property is located at 633 Lafayette Ave Hawthorne, NJ.
What is the asking price?
The asking price for this property is $1,199,000.
What are key features of this property?
This property features: Three‑family home built in 1913 with one apartment per floor and its own electrical meter for each unit; Fully renovated 2025‑2026 with new energy‑efficient windows and upgraded insulation throughout; Each unit features efficient baseboard heat, ductless mini‑split A/C, tankless hot water heater, and ceiling fans
