Duplex with Detached
New
For Sale
$775,000
401 W Moore St, Hackettstown, NJ 07840
Multi-Family, 3-Three Story, Hackettstown Town, NJ
Property Size3,448 SF
Lot Size0.51 Acres
Price / SF$224.77
Days on Market2
Property Features for 401 W Moore St
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning
Res
Bedrooms
7
Bathrooms
4
Full bathrooms
3
Half bathrooms
1
Rooms
Bathroom 2, Bedroom 7, Basement, Bedroom 5, Bathroom 3, Bathroom 1, Bedroom 3, Bedroom 2, Bathroom 4, Bedroom 6, Bedroom 4, Bedroom 1
Parking
6
Patio and Porch features
Porch
Interior features
Carbon Monoxide Detector, Fire Extinguisher, High Ceilings, Smoke Detector, Tile Floors, Vinyl-Linoleum Floors
Exterior features
Curbs, Open Porch(es), Sidewalk
Lot features
Level Lot, Open Lot
Elementary school
HATCHERYHL
Middle school
HACKTTSTWN
High school
HACKTTSTWN
Directions
Rt 46 to W. Moore St
Standard status
Active
Size
3,448 SF
Lot size
0.51 Acres
Taxes and HOA fees
Tax Year
2025
Tax Annual Amount
14735
Utilities
Utilities
Cable Available
Sewer type
Public Sewer
Heating system
Other (Heating), Hot Water(Heating)
Cooling system
Ceiling Fan(s)
Water source
Public
Building Details
Year built
1900
Floors in Building
3
Number of units
2
Roof type
Shingle
Architectural style
Other
Listing Agency:
RE/MAX TOWN & VALLEY · RE/MAX International
(908) 852-1333
Listed By:
JOAN OBRIEN · License #339976
(908) 304-4164
Added: Sep 24
Last Checked: Sep 25 at 6:06AM
MLS# 4054958
Copyright © 2026 Garden State MLS, LLC. 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.
This residential duplex contains 3,448 square feet and dates to 1900. Its two units have different configurations: one includes 4 bedrooms and 2 full bathrooms, while the other has 3 bedrooms and 1.5 bathrooms. A detached 2-car garage provides additional parking and storage. The property also features a porch and sits on a 0.51-acre corner lot.
The address is near Centenary University and downtown Hackettstown. Public water and public sewer serve the property, and cable is available.
The address is near Centenary University and downtown Hackettstown. Public water and public sewer serve the property, and cable is available.
Key Highlights
- Two units: one with 4 bedrooms and 2 full bathrooms; the other with 3 bedrooms and 1.5 bathrooms
- 3,448‑square‑foot building constructed in 1900
- 0.51‑acre corner lot
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
$50,796
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
6.55%
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%
$1,015,920
$1.0M
Cap Rate 7%
$725,657
$725.7K
Cap Rate 9%
$564,400
$564.4K
Market Conditions
NOI Build-Up for 3,448 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
$76.5K $22.20/SF
− Vacancy
−$4.0K −$1.15/SF
EGI
$72.6K $21.05/SF
− OpEx
−$21.8K −$6.31/SF
NOI
$50.8K $14.73/SF
Area
Warren County, NJ
Vacancy
5.20%
Lease Rate
$22.20 /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%
$1,015,920
Cap Rate 7%
$725,657
Cap Rate 9%
$564,400
Alternative Uses
Best Use
Multifamily LT 5
$725.7K
$635.0K – $846.6K
NOI $50,796 @ 7.0% cap · market cap 6.55%
Second Best
Apartment 5plus
$652.0K
$570.5K – $760.7K
NOI $45,639 @ 7.0% cap · market cap 5.89%
Theoretical Best
Warehouse
$1.30M
$1.14M – $1.52M
NOI $91,058 @ 7.0% cap · market cap 11.75%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Open Analytics
Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
936
Businesses Nearby
Explore this area
Business Placement
Demographics for 07840, NJ
31,255
Population
12,974
Households
2.4
Avg Household Size
43
Median Age
49%
College-Educated
96%
High-School Grad
37.3 sq mi
ZIP Area
838
Density / Sq Mi
$107,956
Median Household Income
$54,886
Median Earnings
$1,469
Median Rent
$373,000
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Multifamily in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Duplex - Two residential units offer distinct bedroom and bath layouts, accompanied by a separate garage for parking and storage.
Where is this duplex located?
The property is located at 401 W Moore St Hackettstown, NJ.
What is the asking price?
The asking price for this property is $775,000.
What are key features of this property?
This property features: Two units: one with 4 bedrooms and 2 full bathrooms; the other with 3 bedrooms and 1.5 bathrooms; 3,448‑square‑foot building constructed in 1900; 0.51‑acre corner lot
