Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Spacious Two-Family Home in Port Reading Title is generated by Realmo AI

    34 Henry Street, Port Reading, NJ 07064

    View on Map
    Claim this Listing
    For Sale
    Under Contract
    $789,000

    MULTI_FAMILY - Port Reading, NJ

    Added:
    Mar 25, 2026
    Days on Market:
    50
    Last Refresh:
    May 13 at 11:06 am

    Property Features for 34 Henry Street

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Bathrooms
    3
    Rooms
    Bathroom 3, Dining Room, Basement, Bathroom 2, Bathroom 1
    Parking features
    Garage
    Patio and Porch features
    Deck, Patio
    Interior features
    Unit 1(Dining Room, 3 Bedrooms, Kitchen, 1 Bath, Living Room), Unit 2(3 Bedrooms, 1 Bath, Living Room)
    Exterior features
    Barbecue, Patio, Deck, Storage Shed
    Appliances
    Water Heater(Gas), Water Heater, Unit 1(Dryer, Refrigerator, Washer)
    Standard status
    Active Under Contract
    APN
    2125010790023000160000

    Taxes and HOA fees

    Tax Annual Amount
    14269

    Utilities

    Sewer type
    Public Sewer
    Heating system
    Baseboard, Radiant
    Cooling system
    Wall Unit(s), Window Unit(s), Ceiling Fan(s)
    Water source
    Private

    Building Details

    Year built
    1956
    Floors in Building
    2
    Building materials
    Brick Veneer, Vertical Siding
    Roof type
    Asphalt
    Additional Structures
    Storage

    We can help!

    Listing Contact
    Rosse Mary Mendez
    Rosse Mary Mendez

    Listing agent Rosse Mary Mendez

    Listing office KELLER WILLIAMS METROPOLITAN 44 WHIPPANY ROAD, MORRISTOWN, NJ

    Listing date Mar 25, 2026

    MLS# 2612788R Listing URL

    Copyright © 2026 All Jersey 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

    • Two‑family home: Ideal for investors or owner‑occupants seeking rental income.
    • Spacious units: Each unit features 3 bedrooms and generous living space.
    • Finished basement: Provides valuable bonus space.
    • Detached 2‑car garage: Offers secure parking and additional storage.
    • Convenient location: Close to major highways, shopping, and public transportation.
    • Exterior features: Includes a barbecue, patio, deck, and storage shed.

    Overview

    This well-maintained two-family home features a spacious layout with two units, each offering 3 bedrooms. The property is suitable for investors or owner-occupants. Each unit includes generous living space and bright rooms. A finished basement provides bonus space that can be used for recreation, a home office, or additional storage. The property also features a detached 2-car garage and ample off-street parking. It is located in a desirable neighborhood with convenient access to major highways, shopping, and public transportation in Port Reading, New Jersey.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Express Cleaning Blast Cleaning Service

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Gym & Fitness Center Building Supply Daycare Center

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

    Location Insight

    • Map
    • Local Demand
    City
    Port Reading
    County
    Middlesex
    State
    New Jersey
    Longitude
    -74.2323974
    Latitude
    40.5716773

    FAQs

    What type of property is this?
    Duplex - Well-maintained two-family home, ideal for investors or owner-occupants.
    Where is this duplex located?
    The property is located at 34 Henry Street Port Reading, NJ.
    What is the asking price?
    The asking price for this property is $789,000.
    What are key features of this property?
    This property features: Two‑family home: Ideal for investors or owner‑occupants seeking rental income.; Spacious units: Each unit features 3 bedrooms and generous living space.; Finished basement: Provides valuable bonus space.
    (973) 539-1120
    We can help!
    Listing Contact
    Rosse Mary Mendez
    Rosse Mary Mendez
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    34 Henry Street, Port Reading, NJ 07064
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!