4-Unit Victorian with Private
For Sale
$1,375,000
96 Hillside Ave, Nutley, NJ 07110
Multi-Family, Nutley Twp., NJ
Property Size4,450 SF
Lot Size0.20 Acres
Price / SF$308.99
Days on Market155
Property Features for 96 Hillside Ave
General Information
Property type
Residential Multi Family
Property subtype
Other
Bedrooms
9
Bathrooms
5
Full bathrooms
4
Half bathrooms
1
Rooms
Bedroom 4, Bedroom 1, Bedroom 8, Bedroom 9, Bathroom 2, Bedroom 5, Bedroom 7, Bedroom 2, Bathroom 4, Bathroom 1, Bedroom 6, Basement, Bedroom 3, Bathroom 3
Parking
8
Patio and Porch features
Patio, Porch
Interior features
Carbon Monoxide Detector, Fire Alarm Sys, Fire Extinguisher, High Ceilings, Smoke Detector, Tile Floors, Vinyl-Linoleum Floors
Exterior features
Curbs, Enclosed Porch(es), Metal Fence, Partially Fenced, Patio, Sidewalk, Storm Window(s)
Fencing
Fenced, Partial
Middle school
JOHN H. WALKER
High school
NUTLEY
Directions
96 Hillside Ave Nutley NJ 07110. Between Chestnut st. and Vreeland Ave .
Standard status
Active
Size
4,450 SF
Lot size
0.20 Acres
Taxes and HOA fees
Tax Year
2025
Tax Annual Amount
21214
Utilities
Sewer type
Public Sewer
Heating system
Forced Air, Hot Water(Heating), Other (Heating)
Water source
Public
Building Details
Year built
1900
Number of units
4
Roof type
Flat, Shingle
Listing Agency:
YOUR TOWN REALTY
Listed By:
RONNIE GLOMB · License #790072
(855) 600-2465
Added: Jun 3
Changed: Nov 3
Last Checked: Nov 4 at 9:06AM
MLS# 4032063
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 4-unit Victorian contains 4,450 square feet and was built in 1900. Two apartments are vacant, while the other two are occupied. One unit is a two-story duplex with a loft and 1,600 square feet; another received renovations in 2024. Each unit has separate utilities, and the electrical service and panels were upgraded to 200 amps. The property has passed state and local inspections.
A private parking area provides eight spaces, three of which are rented to nearby residents. The lot measures 0.2 acres. Exterior features include an enclosed porch, patio, metal fencing and storm windows. Public water and sewer serve the property.
A private parking area provides eight spaces, three of which are rented to nearby residents. The lot measures 0.2 acres. Exterior features include an enclosed porch, patio, metal fencing and storm windows. Public water and sewer serve the property.
Key Highlights
- Legal 4‑unit Victorian building with 4,450 square feet
- Two of the four units are vacant; the other two are occupied
- Vacant duplex measures 1,600 square feet and includes a loft
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$74,476
Cap Rate
5.42%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,489,520
$1.5M
Cap Rate 7%
$1,063,943
$1.1M
Cap Rate 9%
$827,511
$827.5K
Market Conditions
NOI Build-Up for 4,450 SF
Gross rent
$113.7K $25.56/SF
− Vacancy
−$7.3K −$1.65/SF
EGI
$106.4K $23.91/SF
− OpEx
−$31.9K −$7.17/SF
NOI
$74.5K $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%
$1,489,520
Cap Rate 7%
$1,063,943
Cap Rate 9%
$827,511
Alternative Uses
Best Use
Multifamily LT 5
$1.06M
$931.0K – $1.24M
NOI $74,476 @ 7.0% cap · market cap 5.42%
Second Best
Apartment 5plus
$977.6K
$855.4K – $1.14M
NOI $68,432 @ 7.0% cap · market cap 4.98%
Theoretical Best
Office A
$1.16M
$1.02M – $1.36M
NOI $81,339 @ 7.0% cap · market cap 5.92%
Zoning and permitted uses should be independently verified with authorities.
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Location Intelligence
Trade Area within ½ mile
1,217
Businesses Nearby
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Business Placement
Demographics for 07110, NJ
30,149
Population
11,981
Households
2.5
Avg Household Size
41
Median Age
50%
College-Educated
94%
High-School Grad
3.4 sq mi
ZIP Area
8,867
Density / Sq Mi
$115,215
Median Household Income
$67,621
Median Earnings
$1,698
Median Rent
$489,900
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?
Quadplex - Two apartments are vacant, and the building has separate utilities for each unit.
Where is this quadplex located?
The property is located at 96 Hillside Ave Nutley, NJ.
What is the asking price?
The asking price for this property is $1,375,000.
What are key features of this property?
This property features: Legal 4‑unit Victorian building with 4,450 square feet; Two of the four units are vacant; the other two are occupied; Vacant duplex measures 1,600 square feet and includes a loft
