Listed by: Joshua M. Baris, [email protected], Coldwell Banker, Fort Lee, (201) 461-5000, Listing Courtesy of NJMLS
$1,800,000
●
House -
Off Market
151 Demarest Avenue
Englewood Cliffs, NJ 07632
5 Beds
4 Baths,
1
Half Bath
$10,530
Est. Monthly
2.71%
Cap Rate
About This Property
Welcome to this 5 bedroom, 3 full and 1 half bath center hall
colonial situated on a quiet Cul-de-sac in the East Hill of
Englewood Cliffs. Enter through the foyer to find formal living and
dining rooms, the eat-in kitchen, a bedroom suite and mud room with
access to the attached 2-car garage. The family room with fireplace
features sliding doors to the patio overlooking the backyard and
the Gunite swimming pool. Second floor is complete with a master
suite with master bath and walk-in closets, 3 additional bedrooms
and a full bath. The full, unfinished basement features high
ceilings and walk-up access to the garage and main level. Central
vac, hardwood floors and carpet throughout.
Unit Size
-
Days on Market
-
Land Size
-
Price per sqft
-
Property Type
House
Property Taxes
$1,691
HOA Dues
-
Year Built
1972
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100% Occupancy
N/A (extreme outlier) What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Last updated: 3 years ago (NJMLS #24015429)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 20, 2024 | Sold | ||
| Sold | |||
| May 25, 2024 | In contract | - | |
| In contract | |||
| May 17, 2024 | Listed by Coldwell Banker, Fort Lee | $1,688,888 | |
| Listed by Coldwell Banker, Fort Lee | |||
| Mar 26, 2022 | No longer available | - | |
| No longer available | |||
| Mar 12, 2022 | Listed by Coldwell Banker, Fort Lee | $1,748,888 | |
| Listed by Coldwell Banker, Fort Lee | |||
| | |||
|
Welcome to this 5 bedroom, 3 full and 1 half bath center hall colonial situated on a quiet Cul-de-sac in the East Hill of Englewood Cliffs. Enter through the foyer to find formal living and dining rooms, the eat-in kitchen, a bedroom suite and mud room with access to the attached 2-car garage. The family room with fireplace features sliding doors to the patio overlooking the backyard and the Gunite swimming pool. Second floor is complete with a master suite with master bath and walk-in closets, 3 additional bedrooms and a full bath. The full, unfinished basement features high ceilings and walk-up access to the garage and main level. Central vac, hardwood floors and carpet throughout.
| |||
Property Highlights
Garage
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
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Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
About Englewood Cliffs
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Listed by: Joshua M. Baris
Coldwell Banker, Fort Lee
Last Updated: 3 years ago
Data Source: NJMLS , MLS# 24015429
The data relating to the real estate for sale on this web site comes in part from the Internet Data Exchange Program of the NJMLS. Real estate listings held by brokerage firms other than RHP Realty NJ, Inc. are marked with the Internet Data Exchange logo and information about them includes the name of the listing brokers. Some properties listed with the participating brokers do not appear on this website at the request of the seller. Listings of brokers that do not participate in Internet Data Exchange do not appear on this website.
Coldwell Banker, Fort Lee
Last Updated: 3 years ago
Data Source: NJMLS , MLS# 24015429
All information deemed reliable but not guaranteed.© 2026 New Jersey Multiple Listing Service Inc. All rights reserved. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.
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