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    Duplex With Two 2-Bed Units Title is generated by Realmo AI

    14 Story Street, New Egypt, NJ 08533

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    Claim this Listing
    New
    For Sale
    $375,000

    MULTI_FAMILY - New Egypt, NJ

    Property size:
    1,300 SF
    Lot size:
    0.27 Acres
    Price / SF:
    $288/SF
    Added:
    Jun 26, 2026
    Days on Market:
    2
    Last Refresh:
    Jun 27 at 5:06 pm

    Property Features for 14 Story Street

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Bedrooms
    4
    Bathrooms
    2
    Rooms
    Bedroom 4, Bathroom 2, Bedroom 2, Bedroom 3, Bathroom 1, Bedroom 1
    Parking features
    On Street
    Basement
    Crawl Space
    Standard status
    Active
    APN
    24-00004-0000-00009
    Size
    1,300 SF
    Lot size
    0.27 Acres

    Taxes and HOA fees

    Tax Year
    2025
    Tax Annual Amount
    4566

    Utilities

    Sewer type
    Public Sewer
    Heating system
    Baseboard
    Water source
    Well

    Building Details

    Year built
    1960
    Floors in Building
    1
    Number of units
    2
    Flooring type
    Tile - Ceramic, Wood

    We can help!

    Contact an agent
    James Traynham
    James Traynham

    Listing agent James Traynham License #1327427

    Listing office Smires & Associates Bordentown 375 Farnsworth Ave., Bordentown, NJ

    Listing date Jun 26, 2026

    MLS# 22619503 Listing URL

    Copyright © 2026 More MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • Duplex with two 2‑bedroom, 1‑bath apartments
    • Rooms include 4 bedrooms and 2 bathrooms across both units
    • Baseboard heating throughout
    • Flooring includes tile (ceramic) and wood
    • On‑street parking
    • Utilities: well water and public sewer

    Overview

    This duplex is configured as two separate 2-bedroom, 1-bath apartments, each with spacious floor plans and bright living areas. The property totals about 1,300 square feet and sits on a 0.27-acre lot in New Egypt, NJ.

    The home is positioned for everyday convenience, described as being close to local amenities, parks, schools, and commuter routes. The residential setting supports a straightforward, maintainable layout for long-term occupancy.

    With two complete apartments under one roof, the property can fit investors looking for a duplex structure as well as owner-occupants interested in offsetting housing costs with rental income from the second unit. The combination of separate bedrooms and dedicated bath space provides practical day-to-day functionality for tenants, while the duplex form can simplify oversight compared with managing multiple standalone buildings. Schedule a private tour to assess the layout and suitability for your specific use plan.

    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 $33.2k $25.56
    − Vacancy −$2.1k −$1.65
    EGI $31.1k $23.91
    − OpEx −$9.3k −$7.17
    NOI $21.8k $16.74
    1,300 SF · lease $25.56/SF/yr · vacancy 6.46% · expense 30.00%

    Alternative Uses

    Best Use
    Multifamily LT 5
    $310.8K
    $272.0K – $362.6K (±1% cap)
    NOI $21,757 @ 7.0% cap · market cap 5.80%
    Second Best
    Apartment 5plus
    $285.6K
    $249.9K – $333.2K (±1% cap)
    NOI $19,991 @ 7.0% cap · market cap 5.33%
    Theoretical Best
    Office A
    $339.5K
    $297.0K – $396.0K (±1% cap)
    NOI $23,762 @ 7.0% cap · market cap 6.34%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Real Estate Agency Law Firm Restaurant Dental Office Hair Salon Gym & Fitness Center Building Supply Accounting Firm Kitchen & Bath Showroom Auto Repair Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    New Egypt
    County
    Ocean
    State
    New Jersey
    Longitude
    -74.522014
    Latitude
    40.064655

    FAQs

    What type of property is this?
    Duplex - Two 2-bedroom, 1-bath apartments offer rental income options for investors or owner-occupants.
    Where is this duplex located?
    The property is located at 14 Story Street New Egypt, NJ.
    What is the asking price?
    The asking price for this property is $375,000.
    What are key features of this property?
    This property features: Duplex with two 2‑bedroom, 1‑bath apartments; Rooms include 4 bedrooms and 2 bathrooms across both units; Baseboard heating throughout
    More about this property
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