5 Locust St, Haskell, NJ 07420
Multi-Family, 2-Two Story - Wanaque Boro, NJ
- Added:
- Apr 14, 2026
- Days on Market:
- 57
- Last Refresh:
- Jun 9 at 12:06 am
Property Features for 5 Locust St
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 3
- Bathrooms
- 2
- Rooms
- Basement, Bathroom 1, Bathroom 2, Bedroom 1, Bedroom 2, Bedroom 3, Kitchen, Living Room
- Parking
- 4
- Basement Y/N
- 1
- Standard status
- Active
- Size
- 1,736 SF
- Lot size
- 0.35 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Annual Amount
- 9495
Utilities
- Heating system
- See Remarks (Heating)
- Cooling system
- None (Cooling)
Building Details
- Number of units
- 2
- Building materials
- Aluminum Siding, See Remarks
- Roof type
- Composition, Shingle
- Architectural style
- Other
Listing agent EMILIO BALDINO (973) 890-0500
Listing office C-21 GEMINI, LLC. 87 BERDAN AVENUE, Wayne, NJ (973) 696-1111
Listing date Apr 14, 2026
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.
HighLights
- Oversized, flat lot (approximately 190x80) at the end of a quiet street offering excellent privacy and a spacious yard.
- Two‑family home with separate entrances, ideal for owner‑occupancy with rental income or investment purposes.
- Ample off‑street parking with driveways on both sides of the house.
- Large detached garage.
- Full, walk‑out, unfinished basement offering potential for customization.
- Wraparound porch.
Overview
Located in Wanaque Boro, Passaic County, the home sits at the end of a quiet street on a flat, oversized lot measuring approximately 190x80. The lot provides room for outdoor use, while the end-of-street setting offers a level of privacy.
For buyers seeking a straightforward owner-occupant setup, the duplex supports living on one level while renting the other with separate entry access. Investors may also value the clear unit separation and practical, functional layouts across two floors, paired with the additional utility space offered by the walk-out unfinished basement and the convenience of a detached garage.
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 | $44.4k | $25.56 |
| − Vacancy | −$2.9k | −$1.65 |
| EGI | $41.5k | $23.91 |
| − OpEx | −$12.5k | −$7.17 |
| NOI | $29.1k | $16.74 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Haskell
- County
- Passaic
- State
- New Jersey
- Longitude
- -74.29587
- Latitude
- 41.03748
