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    FOR SALE
    Quadplexes

    96 Hillside Ave Nutley, NJ 07110

    Built 1900
    Property ID
    US59-1556369
    96 Hillside Ave, Nutley, NJ 07110 For Sale 1 / 48
    $1,435,000
    96 Hillside Ave, Nutley, NJ 07110
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    AI-generated overview

    PREMIER NUTLEY 4-FAMILY " Hillside Avenue Corridor, 50% Vacancy on Jun 22 . 8- Car Parking & Duplex Setup! Trophy investment opportunity on historic Hillside Avenue. This legal 4-unit Victorian sits on a quiet, tree-lined residential block just 12 miles from Midtown Manhattan. Perfect for an owner-occupant or value-add investor seeking immediate upside. The property is delivered with TWO UNITS VACANT, creating a cash-flow opportunity from Day 1. Units 1 & 2 (Occupied): Stable residential units generating a combined $2950 /month. 4% yr increase. Unit 3 (Vacant June 22) Recently renovated, bright, and rent-ready, with current $2650 rent. Rent can be $2850 upon vacancy from 07/01 Unit 4 (Vacant Duplex): Large two-story duplex, 1600 sq ft, with loft space, ready for renovation and significant rental upside. $3200+ rent. PRIVATE 8-CAR PARKING LOT: Rare for the Hillside Avenue corridor. Three spaces are currently rented to neighborhood residents. $2400- 3000 /yr. Remaining spaces offer additional income potential or future tenant amenities. Separate utilities for all units. Passed all state and local inspections. bikeScore: 45, Somewhat Bikeable walkScore: 71, Very Walkable transitScore: 55, Good Transit

    Property profile
    Verified
    Property type Quadplexes
    Year built 1900
    UPID US59-1556369
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
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