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    Boonton, NJ Quadplexes for Sale

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    Boonton Twp, NJ Boonton Township, NJ Mountain Lakes, NJ Montville, NJ Denville, NJ Parsippany, NJ Lake Hiawatha, NJ Rockaway, NJ
    Renovated Four-Unit Victorian
    Updated: Jun 24
    Renovated Four-Unit Victorian

    314 Cornelia St, Boonton, NJ 07005

    $1,690,000
    6,000 sqft 0.63 AC lot
    Four‑unit building with approximately 6,000 square feet of living space
    1865 Queen Anne Victorian with custom kitchens, bathrooms, new windows, and updated systems
    Unit mix includes one-, two-, and three‑bedroom apartments
    0.63‑acre level lot with a full walk‑out unfinished basement
    Detached 2 car garage with openers and a new circular driveway
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    This listing looks promising.

    Here's a quick look at some key insights for

    314 Cornelia St, Boonton Town, NJ 07005-1881

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    • Est. Cap Rate

      5.9%
      Above avg (5.9%)

    • Est. NOI

      $100K
      Annual

    • Price @ 7% Cap

      $1.43M
      Suggested

    • Property Type

      Single Family Residence
      Built 1895
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    Renovated 4-Unit Victorian Quadplex
    Updated: Jul 1
    Renovated 4-Unit Victorian Quadplex

    314 Cornelia St 4, Boonton, NJ 07005

    $1,690,000
    6,000 sqft
    Just renovated 1865 Queen Anne Victorian quadplex with 4 separate units and approx. 6,000 SF of living space
    Unit mix: Unit 1 approx. 1,500 SF (2–3 BR), Unit 2 (1 BR), Unit 3 (2 BR), Unit 4 approx. 2,000 SF (3 BR) with mountain views and a Boonton Reservoir view
    All units have new custom kitchens and custom bathrooms, luxury vinyl flooring, and LED lighting
    Climate updates by unit: Units 1 & 4 have new natural gas heat and central air; Units 2 & 3 have new split air heat and AC systems
    All‑new windows and new electric hot water heaters; most electric and plumbing is new, and each unit has separate electric
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    Renovated Historic Quadplex
    Renovated Historic Quadplex

    314 Cornelia Street, Unit 4, Boonton, NJ 07005

    $1,795,000
    1,500 sqft

    Four residential units feature updated kitchens, bathrooms, flooring, lighting, and separate electric service.

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    Based on your search, we've compiled 7 Potential Opportunities for your consideration. Besides 3 Active listings in Boonton, NJ, we suggest exploring several alternatives: 4 properties in Nearby Cities

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Updated Quadplex with Parking
    Updated Quadplex with Parking

    11 N Mountain Ave, Montclair, NJ 07042

    $1,350,000
    3,579 sqft 0.31 AC lot

    Historic center-hall colonial with hardwood floors, original millwork, renovated kitchen, and public water and sewer.

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    4-Unit Quadplex with Separate Utilities
    4-Unit Quadplex with Separate Utilities

    137 Valley Rd, Montclair, NJ 07042

    $899,000

    All four one-bedroom units are occupied with separate utilities and tenant-paid heat, hot water, electric, water, and sewer.

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    Renovated 4-Unit Quadplex
    Renovated 4-Unit Quadplex

    25-33 Belmont Avenue, Paterson, NJ 07522

    $1,050,000

    Renovated apartments with separate utilities, gated parking, garage space, and basement storage support efficient ownership.

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    Mixed-Use Property with Commercial Unit
    Mixed-Use Property with Commercial Unit

    94 Belmont Ave, Paterson, NJ 07522

    $839,999

    Includes residential rental units alongside a separate business-oriented space.

    View details

    Boonton, NJ Quadplexes Market Trends and Statistics

    Explore 3 quadplexes for sale in Boonton, NJ, showcased through 3 active listings on our real estate platform. These investment opportunities span a total of 13,500 square feet of properties for sale, with an estimated market value of $5,175,000.

    Sale prices for four-unit buildings in Boonton, NJ start at $1,690,000, averaging $1,725,000, and reaching up to $1,795,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Quadplexes 3
    Duplexes 2
    Triplexes 2
    Apartment buildings 1

    Demographics Overview

    Population 15K
    Population Growth (5Y) +1.0%
    Median Household Income $126,411
    College Educated 78.2%

    High-Yield Neighborhoods for Investment

    Identify Boonton submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    07005 $1.7M

    Taxes & Financing

    Tax Rate (average for all types) 3.09%
    Property Tax per SF $20.52 per SF
    Tax Rate vs County Average 0.57 pp above county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Morris County

    New Delisted

    Total CRE Inventory on Market (SF)

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