Two-Story Duplex with Finished Ground
For Sale
$949,999
Pending
5214 Liberty Ave, North Bergen, NJ 07047
Multi-Family, 2-Two Story, North Bergen Twp., NJ
Property Size2,500 SF
Lot Size0.06 Acres
Days on Market143
Property Features for 5214 Liberty Ave
General Information
Property type
Residential Multi Family
Property subtype
Other
Bedrooms
7
Bathrooms
3
Full bathrooms
3
Rooms
Basement, Bedroom 6, Bedroom 7, Bedroom 5, Bathroom 2, Bedroom 1, Bathroom 1, Bedroom 4, Bedroom 3, Bedroom 2
Parking
2
Elementary school
FRANKLIN
Middle school
NO BERGEN
High school
FRANKLIN
Directions
Between Tonnelle and Liberty
Standard status
Pending
Size
2,500 SF
Lot size
0.06 Acres
Taxes and HOA fees
Tax Year
2025
Tax Annual Amount
10108
Utilities
Sewer type
Public Sewer
Heating system
Hot Water(Heating), Radiant
Water source
Public
Building Details
Year built
1966
Floors in Building
2
Number of units
2
Roof type
Shingle
Architectural style
Other
Listing Agency:
VYLLA HOME
(856) 206-0413
Listed By:
JOHNNY INIGUEZ · License #2185514
(856) 533-5200
Added: Apr 27
Changed: Sep 12
Last Checked: Sep 16 at 4:06PM
MLS# 4023552
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 2,500-square-foot duplex sits on a 0.06-acre lot and was built in 1966. The property includes two primary residential floors plus a finished ground floor with a full bathroom. Interior improvements include stainless steel appliances and quartz countertops, while radiant and hot-water heating serve the building. Public water and public sewer are in place, with a shingle roof.
The property is near a train station and the 127 NJ Transit bus line, with reported travel time to NYC of 15 minutes. It is also close to shops, parks, Route 1&9, Newark Airport, MetLife Stadium, and American Dream Mall. The room inventory includes seven bedrooms, two bathrooms, and a basement.
The property is near a train station and the 127 NJ Transit bus line, with reported travel time to NYC of 15 minutes. It is also close to shops, parks, Route 1&9, Newark Airport, MetLife Stadium, and American Dream Mall. The room inventory includes seven bedrooms, two bathrooms, and a basement.
Key Highlights
- 2,500 square feet on a 0.06‑acre lot
- Finished ground floor with full bathroom
- Seven bedrooms and two bathrooms
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
$41,840
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
4.40%
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%
$836,800
$836.8K
Cap Rate 7%
$597,714
$597.7K
Cap Rate 9%
$464,889
$464.9K
Market Conditions
NOI Build-Up for 2,500 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
$63.9K $25.56/SF
− Vacancy
−$4.1K −$1.65/SF
EGI
$59.8K $23.91/SF
− OpEx
−$17.9K −$7.17/SF
NOI
$41.8K $16.74/SF
Area
Hudson County, NJ
Vacancy
6.46%
Lease Rate
$25.56 /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%
$836,800
Cap Rate 7%
$597,714
Cap Rate 9%
$464,889
Alternative Uses
Best Use
Multifamily LT 5
$597.7K
$523.0K – $697.3K
NOI $41,840 @ 7.0% cap · market cap 4.40%
Second Best
Apartment 5plus
$549.2K
$480.6K – $640.8K
NOI $38,445 @ 7.0% cap · market cap 4.05%
Theoretical Best
Warehouse
$905.3K
$792.1K – $1.06M
NOI $63,369 @ 7.0% cap · market cap 6.67%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
2
Residential units
Multi-tenant
Tenancy
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
2,132
Businesses Nearby
Explore this area
Business Placement
Demographics for 07047, NJ
63,361
Population
25,024
Households
2.5
Avg Household Size
39
Median Age
32%
College-Educated
83%
High-School Grad
5.1 sq mi
ZIP Area
12,424
Density / Sq Mi
$75,505
Median Household Income
$43,150
Median Earnings
$1,702
Median Rent
$466,800
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in Northeast region
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Frequently Asked Questions
What type of property is this?
Duplex - Well-maintained duplex with updated interiors, stainless steel appliances, and a finished lower level with full bathroom.
Where is this duplex located?
The property is located at 5214 Liberty Ave North Bergen, NJ.
What is the asking price?
The asking price for this property is $949,999.
What are key features of this property?
This property features: 2,500 square feet on a 0.06‑acre lot; Finished ground floor with full bathroom; Seven bedrooms and two bathrooms
