Two-Family Brick Colonial
For Sale
$1,149,000
108 HIGHPOINT AVE, Weehawken, NJ 07086
MULTI_FAMILY - Weehawken, NJ
Property Size2,600 SF
Price / SF$441.92
Days on Market47
Property Features for 108 HIGHPOINT AVE
General Information
Property type
Residential Multi Family
Property subtype
Other
Bedrooms
4
Bathrooms
2
Full bathrooms
2
Rooms
Bathroom 2, Bedroom 2, Bedroom 4, Basement, Bedroom 1, Bedroom 3, Bathroom 1
Directions
Gregory & Hudson
Subdivision
Weehawken
Standard status
Active
Taxes and HOA fees
Tax Year
2025
Tax Annual Amount
15237
Amenities
private backyard deck
partially finished basement
Building Details
Architectural style
Other, Colonial
Listing Agency:
REAL
(855) 450-0442
Listed By:
ANDREA PALUMBO · License #1647610
(855) 450-0442
Added: Jun 22
Changed: Aug 4
Last Checked: Aug 7 at 3:06AM
MLS# 260012146
Copyright © 2026 Realty MLS, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
Introducing a two-family brick Colonial residence in Weehawken. The home is approximately 2,600 square feet and includes a partially finished basement for additional storage and possible future expansion. Interior improvements reported include a newer roof and newer boiler, renovated bathrooms, and updated countertops, along with additional upgrades throughout.
The property also features outdoor and parking conveniences, including a private backyard with a recently installed deck and two (2) dedicated off-street parking spaces. The location provides access to local shops, restaurants, and parks, with the Weehawken Reservoir nearby for outdoor recreation.
The layout is described as flexible, supporting configurations for an owner-occupant, investor, or multi-generational living.
The property also features outdoor and parking conveniences, including a private backyard with a recently installed deck and two (2) dedicated off-street parking spaces. The location provides access to local shops, restaurants, and parks, with the Weehawken Reservoir nearby for outdoor recreation.
The layout is described as flexible, supporting configurations for an owner-occupant, investor, or multi-generational living.
Key Highlights
- Approximately 2,600‑square‑foot two‑family brick Colonial residence
- Newer roof and newer boiler
- Renovated bathrooms and updated countertops
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$43,514
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
3.79%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$870,280
$870.3K
Cap Rate 7%
$621,629
$621.6K
Cap Rate 9%
$483,489
$483.5K
Market Conditions
NOI Build-Up for 2,600 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$66.5K $25.56/SF
− Vacancy
−$4.3K −$1.65/SF
EGI
$62.2K $23.91/SF
− OpEx
−$18.6K −$7.17/SF
NOI
$43.5K $16.74/SF
Area
Hudson 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 rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$870,280
Cap Rate 7%
$621,629
Cap Rate 9%
$483,489
Alternative Uses
Best Use
Multifamily LT 5
$621.6K
$543.9K – $725.2K
NOI $43,514 @ 7.0% cap · market cap 3.79%
Second Best
Apartment 5plus
$571.2K
$499.8K – $666.4K
NOI $39,983 @ 7.0% cap · market cap 3.48%
Theoretical Best
Warehouse
$941.5K
$823.8K – $1.10M
NOI $65,904 @ 7.0% cap · market cap 5.74%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
2,847
Businesses Nearby
Explore this area
Business Placement
Demographics for 07086, NJ
17,197
Population
9,399
Households
1.8
Avg Household Size
37
Median Age
66%
College-Educated
92%
High-School Grad
0.8 sq mi
ZIP Area
21,496
Density / Sq Mi
$122,653
Median Household Income
$82,932
Median Earnings
$2,422
Median Rent
$875,300
Median Home Value
Market
Vacancy Rate% for Multifamily in Northeast region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Duplex - Approximate 2,600-square-foot two-family brick residence with a newer roof, newer boiler, renovated bathrooms, and updated interior finishes.
Where is this duplex located?
The property is located at 108 HIGHPOINT AVE Weehawken, NJ.
What is the asking price?
The asking price for this property is $1,149,000.
What are key features of this property?
This property features: Approximately 2,600‑square‑foot two‑family brick Colonial residence; Newer roof and newer boiler; Renovated bathrooms and updated countertops
