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    Three-Family Colonial Residence Title is generated by Realmo AI

    124 61ST ST, West New York, NJ 07093

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    Claim this Listing
    New
    For Sale
    $835,000

    3 Family, Colonial - West New York, NJ

    Property size:
    2,522 SF
    Price / SF:
    $331/SF
    Added:
    Jun 2, 2026
    Days on Market:
    4
    Last Refresh:
    Jun 5 at 3:06 am

    Property Features for 124 61ST ST

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Bedrooms
    7
    Bathrooms
    3
    Rooms
    Basement, Bathroom 1, Bathroom 2, Bathroom 3, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5
    Parking
    1
    Basement Y/N
    1
    Standard status
    Active

    Utilities

    Heating system
    Baseboard

    Building Details

    Building materials
    Brick
    Architectural style
    Colonial

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    Listing Contact
    KIROLLOS NASRALAH

    Listing agent KIROLLOS NASRALAH License #1327873

    Listing office EXP REALTY LLC 28 VALLEY ROAD, Montclair, NJ

    Listing date Jun 2, 2026

    MLS# 260010478 Listing URL

    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.

    HighLights

    • Approximately 2,522 sq ft Colonial‑style home built with brick construction.
    • 3‑family style layout across multiple levels, with 5 bedrooms and 3 bathrooms listed.
    • Ground floor includes a bedroom, living room, kitchen, and full bath.
    • First floor offers two bedrooms, living room, dining area, kitchen, and bath.
    • Second floor includes a primary bedroom with walk‑in closet, two additional bedrooms, living room, eat‑in kitchen, full kitchen setup, and bath.
    • Basement is partially finished and includes additional usable space with basement access.

    Overview

    This spacious three-family colonial-style property offers approximately 2,522 sq ft of flexible living space across multiple levels. The ground floor includes a bedroom, living room, kitchen, and full bath. On the first floor, you’ll find two bedrooms, a living room, dining area, kitchen, and bath. The second floor features a primary bedroom with a walk-in closet, two additional bedrooms, a living room, an eat-in kitchen, a full kitchen setup, and a full bath. A partially finished basement adds additional usable space with potential for storage or further customization, supporting both practical day-to-day use and longer-term improvements.

    Situated in the heart of West New York, the property is just minutes from major transportation options, including NYC bus routes, the Light Rail, and the PATH train, providing an easy commute into Manhattan. Residents also benefit from nearby shopping centers, grocery stores, restaurants, schools, and local parks, along with proximity to the Hudson River waterfront, scenic views, and nearby ferry access.

    With its distinct unit-style configuration and multiple kitchen setups, the home offers strong versatility for end users looking for space and investors seeking a rental-oriented layout. The combination of commuter convenience, everyday amenities nearby, and additional basement flexibility supports a wide range of occupancy and income strategies.

    Local Financial Insights For Multifamily LT 5

    Simulate Cap Rate and NOI

    NOI Build-Up
    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.

    Component $ $/SF
    Gross rent $64.5k $25.56
    − Vacancy −$4.2k −$1.65
    EGI $60.3k $23.91
    − OpEx −$18.1k −$7.17
    NOI $42.2k $16.74
    2,522 SF · lease $25.56/SF/yr · vacancy 6.46% · expense 30.00%

    Alternative Uses

    Best Use
    Multifamily LT 5
    $603.0K
    $527.6K – $703.5K (±1% cap)
    NOI $42,209 @ 7.0% cap · market cap 5.05%
    Second Best
    Apartment 5plus
    $554.0K
    $484.8K – $646.4K (±1% cap)
    NOI $38,783 @ 7.0% cap · market cap 4.64%
    Theoretical Best
    Warehouse
    $913.2K
    $799.1K – $1.07M (±1% cap)
    NOI $63,927 @ 7.0% cap · market cap 7.66%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Triplexes

    Suggested Use

    Law Firm Restaurant Real Estate Agency Spa & Massage Center Dental Office Hair Salon Nail Salon Food Market Gym & Fitness Center Skin Care Clinic

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    West New York
    County
    Hudson
    State
    New Jersey
    Longitude
    -74.008764
    Latitude
    40.787448

    FAQs

    What type of property is this?
    Triplex - Spacious three-level layout with multiple kitchens and flexible living space for both buyers and investors.
    Where is this triplex located?
    The property is located at 124 61ST ST West New York, NJ.
    What is the asking price?
    The asking price for this property is $835,000.
    What are key features of this property?
    This property features: Approximately 2,522 sq ft Colonial‑style home built with brick construction.; 3‑family style layout across multiple levels, with 5 bedrooms and 3 bathrooms listed.; Ground floor includes a bedroom, living room, kitchen, and full bath.
    More about this property
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