Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    West New York Three-Family Home Title is generated by Realmo AI

    413 51ST ST, West New York, NJ 07093

    View on Map
    Claim this Listing
    For Sale
    $948,000

    3 Family, Colonial - West New York, NJ

    Lot size:
    0.07 Acres
    Added:
    Apr 20, 2026
    Days on Market:
    49
    Last Refresh:
    Jun 7 at 12:06 pm

    Property Features for 413 51ST ST

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Bedrooms
    8
    Bathrooms
    3
    Rooms
    Basement, Bathroom 1, Bathroom 2, Bathroom 3, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5
    Parking
    3
    Parking features
    Garage
    Basement Y/N
    1
    Standard status
    Active
    Lot size
    0.07 Acres

    Utilities

    Heating system
    Electric (Heating), Natural Gas

    Building Details

    Building materials
    Brick
    Architectural style
    Colonial

    We can help!

    Listing Contact
    GUSTAVO SANTACRUZ

    Listing agent GUSTAVO SANTACRUZ License #0566928

    Listing office ACCESS HOMES REALTY 4531 BROADWAY, WEEHAWKEN, NJ

    Listing date Apr 20, 2026

    MLS# 260007175 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

    • Income‑producing three‑family home
    • 4‑car garage plus 3 tandem parking spaces
    • Proximity to Light Rail for commuting to Hoboken and Downtown Jersey City
    • Easy access to NYC transportation
    • Unit #2 and #3 each feature 3 bedrooms
    • Located near shops, restaurants, banks, parks, and schools

    Overview

    This three-family home in West New York features a four-car garage and three tandem parking spaces. Situated on a 30 x 100 lot, the property includes three distinct units. The first-floor unit contains two bedrooms, a living room, a kitchen, and one full bathroom. The second unit features three bedrooms, a living room, a dining area, a kitchen, and one full bathroom. The third unit also includes three bedrooms, a living room, a kitchen, and one full bathroom. The property offers accessibility to the Light Rail for commuting to Hoboken and Downtown Jersey City, with access to NYC transportation. The surrounding neighborhood provides shops, restaurants, banks, parks, and schools.
    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
    -74.01914
    Latitude
    40.78258

    Nearby Similar for Sale

    • $80,000
      2,300 SF

      Established Optical Business Opportunity

      Turnkey optical business for sale in West New York.
      6110 BERGENLINE AVE, West New York, NJ 07093
      View Details
    • $799,000

      Two-Family Home Near Manhattan

      Two-family property with bonus apartment, near transportation and Manhattan views.
      6011 VAN BUREN PL, West New York, NJ 07093
      View Details
    • $2,500,000

      Mixed-Use Income Property

      Fully rented mixed-use building combines 9 residential units with a street-level grocery store for stable cash flow potential.
      5901-07 MADISON ST, West New York, NJ 07093
      View Details
    • $120,000

      Turnkey Nail Salon Opportunity

      Fully equipped nail salon with multiple manicure and pedicure stations plus a private treatment room.
      6040 BERGENLINE AVE, West New York, NJ 07093
      View Details
    • $125,000

      Established Dance Studio in West

      Thriving dance studio with unmatched brand recognition and generational loyalty.
      356 61ST ST, West New York, NJ 07093
      View Details
    • $799,000

      Multi-Family in West New York

      Two-family property with bonus apartment and finished basement near Manhattan.
      6011 Van Buren Pl, West New York Town, NJ 07093-1030
      View Details
    • $649,000

      West New York Investment Property

      Warehouse with two apartments in a great location.
      586 54TH ST, West New York, NJ 07093
      View Details
    • $1,300,000

      West New York Six-Family Home

      Income-producing six-family home in the heart of West New York.
      600 56TH ST, West New York, NJ 07096
      View Details
    • $1,899,999

      Two-Family Home with NYC Views

      Legal two-family home with panoramic NYC skyline views.
      5303 BLVD EAST, West New York, NJ 07093
      View Details
    • $899,999
      3,750 SF

      Two-Unit Office/Retail Building

      Zoned R-M and configured as two units, this building offers flexible space for office or retail uses.
      6209 Adams St West New, York, NJ 07093
      View Details
    • $888,000

      Restaurant-Bar Prime Location in West

      Family-owned restaurant-bar operating for 37 years in West New York.
      5910 BERGENLINE AVE, West New York, NJ 07093
      View Details
    • $925,000

      Mixed-Use Property in West New York

      Mixed-use property with retail, apartments, and indoor garages.
      6200 KENNEDY BLVD, West New York, NJ 07093
      View Details

    FAQs

    What type of property is this?
    Triplex - Income-producing three-family home with garage and parking, near transportation.
    Where is this triplex located?
    The property is located at 413 51ST ST West New York, NJ.
    What is the asking price?
    The asking price for this property is $948,000.
    What are key features of this property?
    This property features: Income‑producing three‑family home; 4‑car garage plus 3 tandem parking spaces; Proximity to Light Rail for commuting to Hoboken and Downtown Jersey City
    (201) 766-2565
    We can help!
    Listing Contact
    GUSTAVO SANTACRUZ
    Real Estate License ID: 0566928
    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
    413 51ST ST, West New York, NJ 07093
    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!