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Duplex with Finished Basement
For Sale
$725,000

Clifton City, Clifton, NJ 07011

Multi-Family, 2-Two Story, Clifton City, NJ

Property Size1,632 SF
Lot Size0.10 Acres
Price / SF$444.24
Days on Market37

Property Features for Clifton City

General Information

Property type Residential Multi Family
Property subtype Other
Bedrooms 4
Bathrooms 2
Full bathrooms 2
Rooms Bathroom 2, Basement, Bedroom 2, Bedroom 1, Bathroom 1, Bedroom 4, Bedroom 3
Parking 2
Exterior features Curbs, Metal Fence, Privacy Fence, Sidewalk
Fencing Privacy, Fenced
Lot features Corner
Standard status Active
Size 1,632 SF
Lot size 0.10 Acres

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 11173

Utilities

Sewer type Public Sewer
Heating system Other (Heating), Hot Water(Heating)
Cooling system Ceiling Fan(s)
Water source Public

Amenities

enclosed back porch
finished basement

Building Details

Year built 1953
Floors in Building 2
Number of units 2
Roof type Shingle
Architectural style Other
Listing Agency: JK REALTY
Listed By: JOSEPH SIANO · License #2294003
Added: Sep 10 Changed: Oct 16 Last Checked: Oct 16 at 8:06PM
MLS# 4052015

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 two-family duplex contains 1,632 square feet across two floors, with two bedrooms on each level. The finished basement includes a half bath, and an enclosed rear porch extends the home's usable space. A two-car garage and driveway provide on-site parking. The property was built in 1953 and occupies a 0.1-acre lot.

Grammar School 11 is directly across the street, and stores are nearby. Public water and public sewer serve the property.

Key Highlights

  • Two‑family duplex with 1,632 square feet
  • Each floor has 2 bedrooms
  • Finished basement with a half bath

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$27,313
Cap Rate
3.77%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$546,260 $546.3K
Cap Rate 7%
$390,186 $390.2K
Cap Rate 9%
$303,478 $303.5K
Market Conditions
NOI Build-Up for 1,632 SF
Gross rent
$41.7K $25.56/SF
− Vacancy
−$2.7K −$1.65/SF
EGI
$39.0K $23.91/SF
− OpEx
−$11.7K −$7.17/SF
NOI
$27.3K $16.74/SF
Area
Passaic 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%
$546,260
Cap Rate 7%
$390,186
Cap Rate 9%
$303,478

Alternative Uses

Best Use
Multifamily LT 5
$390.2K
$341.4K – $455.2K (±1% cap)
NOI $27,313 @ 7.0% cap · market cap 3.77%
Second Best
Apartment 5plus
$358.5K
$313.7K – $418.3K (±1% cap)
NOI $25,097 @ 7.0% cap · market cap 3.46%
Theoretical Best
Office A
$426.1K
$372.9K – $497.2K (±1% cap)
NOI $29,830 @ 7.0% cap · market cap 4.11%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Current Use

Duplexes

Lease Details

2
Residential units

Location Intelligence

Trade Area within ½ mile

2,223
Businesses Nearby

Demographics for 07011, NJ

41,691
Population
14,198
Households
2.9
Avg Household Size
37
Median Age
23%
College-Educated
85%
High-School Grad
3.1 sq mi
ZIP Area
13,449
Density / Sq Mi
$73,589
Median Household Income
$41,323
Median Earnings
$1,613
Median Rent
$403,200
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

Frequently Asked Questions

What type of property is this?
Duplex - Two residential units are arranged across separate floors, with a finished basement adding usable interior space.
Where is this duplex located?
The property is located at Clifton City Clifton, NJ.
What is the asking price?
The asking price for this property is $725,000.
What are key features of this property?
This property features: Two‑family duplex with 1,632 square feet; Each floor has 2 bedrooms; Finished basement with a half bath
More about this property
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