2-Unit Duplex with Detached
For Sale
$794,350
64 Norwood Ave, Plainfield, NJ 07060
Multi-Family, 2-Two Story, Plainfield City, NJ
Property Size2,096 SF
Lot Size0.33 Acres
Price / SF$378.98
Days on Market9
Property Features for 64 Norwood Ave
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning
R-3
Bedrooms
5
Bathrooms
3
Full bathrooms
3
Rooms
Bedroom 4, Basement, Bedroom 3, Bedroom 1, Bedroom 5, Bedroom 2, Bathroom 2, Bathroom 1
Parking
10
Patio and Porch features
Patio
Interior features
Carbon Monoxide Detector, Smoke Detector
Exterior features
Patio
Elementary school
Barlow
Middle school
Maxson
High school
Plainfield
Directions
E Front St to Norwood Ave
Standard status
Active
Size
2,096 SF
Lot size
0.33 Acres
Taxes and HOA fees
Tax Year
2025
Tax Annual Amount
11157
Utilities
Sewer type
Public Sewer
Heating system
Hot Water(Heating), Other (Heating)
Water source
Public
Building Details
Year built
1931
Floors in Building
2
Number of units
2
Roof type
Shingle
Architectural style
Other
Buildings
1
Listing Agency:
BHGRE ELITE
Listed By:
CHRISTIAN COBO · License #285389
(908) 316-8530
Added: Oct 29
Changed: Nov 3
Last Checked: Nov 6 at 1:06PM
MLS# 4061795
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.
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Investment Insights
Based on property information with market context.
This 2,096-square-foot duplex contains two residences: one with three bedrooms and the other with two. The property has three full bathrooms, a detached two-car garage, driveway parking, and a patio. Built in 1931, the building is served by public water and public sewer and has R-3 zoning.
The parcel covers 0.33 acres and includes a backyard. The two-unit configuration is complemented by outdoor space and on-site vehicle parking.
The parcel covers 0.33 acres and includes a backyard. The two-unit configuration is complemented by outdoor space and on-site vehicle parking.
Key Highlights
- Two‑unit duplex with three bedrooms in one residence and two in the other
- 2,096 square feet and three full bathrooms
- 0.33‑acre parcel with a patio and backyard
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$29,914
Cap Rate
3.77%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$598,280
$598.3K
Cap Rate 7%
$427,343
$427.3K
Cap Rate 9%
$332,378
$332.4K
Market Conditions
NOI Build-Up for 2,096 SF
Gross rent
$45.3K $21.60/SF
− Vacancy
−$2.5K −$1.21/SF
EGI
$42.7K $20.39/SF
− OpEx
−$12.8K −$6.12/SF
NOI
$29.9K $14.27/SF
Area
Somerset County, NJ
Vacancy
5.61%
Lease Rate
$21.60 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$598,280
Cap Rate 7%
$427,343
Cap Rate 9%
$332,378
Alternative Uses
Best Use
Multifamily LT 5
$427.3K
$373.9K – $498.6K
NOI $29,914 @ 7.0% cap · market cap 3.77%
Second Best
Apartment 5plus
$371.9K
$325.4K – $433.9K
NOI $26,035 @ 7.0% cap · market cap 3.28%
Theoretical Best
Office A
$547.3K
$478.9K – $638.5K
NOI $38,312 @ 7.0% cap · market cap 4.82%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
1,804
Businesses Nearby
Explore this area
Business Placement
Demographics for 07060, NJ
48,423
Population
16,154
Households
3
Avg Household Size
35
Median Age
22%
College-Educated
74%
High-School Grad
5.0 sq mi
ZIP Area
9,685
Density / Sq Mi
$72,882
Median Household Income
$32,867
Median Earnings
$1,629
Median Rent
$369,400
Median Home Value
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Market
Average Price Trend$/SF for Duplexes in Somerset County, NJ
Properties on Market for Duplexes in Somerset County
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Duplex - A three-bedroom residence and a two-bedroom residence share the property, with a patio and backyard outdoors.
Where is this duplex located?
The property is located at 64 Norwood Ave Plainfield, NJ.
What is the asking price?
The asking price for this property is $794,350.
What are key features of this property?
This property features: Two‑unit duplex with three bedrooms in one residence and two in the other; 2,096 square feet and three full bathrooms; 0.33‑acre parcel with a patio and backyard
