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Duplex with Walk-Up Attic
New
For Sale
$789,000

733 Schuyler Avenue, Lyndhurst, NJ 07071

Multi-Family, Lyndhurst, NJ

Property Size2,525 SF
Lot Size0.11 Acres
Price / SF$312.48
Days on Market1

Property Features for 733 Schuyler Avenue

General Information

Property type Residential Multi Family
Property subtype Duplex
Zoning description Single Family, Multi-Family
Bedrooms 5
Bathrooms 2
Full bathrooms 2
Rooms Bedroom 4, Basement, Bathroom 1, Bedroom 5, Bathroom 2, Bedroom 1, Bedroom 2, Bedroom 3
Parking features On Street, Off Street
Patio and Porch features Deck
Interior features Attic, Attic - Walk Up
Exterior features Outdoor Grill, Deck, Lighting
Fencing Fenced
Basement Full, Walk-Out Access, Partially Finished
Lot features Corner Lot
Directions Please use GPS.
Standard status Active
APN 32-00222-0000-00035-02
Size 2,525 SF
Lot size 0.11 Acres

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 14024

Utilities

Sewer type Public Sewer
Cooling system Multi Units
Water source Public

Building Details

Year built 1925
Floors in Building 2
Number of units 2
Flooring type Vinyl, Wood
Building materials Brick
Listing Agency: EXP Realty
Listed By: Jacquelyn Cocozza
Added: Sep 10 Last Checked: Sep 10 at 7:06PM
MLS# 22628446

Copyright © 2026 More MLS. 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 brick duplex contains 2,525 square feet across two residential units. The first-floor residence includes a living room, updated kitchen, dining room, two bedrooms, and a full bath, with connections to the basement and backyard. The upper unit provides a living area, eat-in kitchen, three bedrooms, and a second full bath. Three separate entrances support independent access, while the full walk-up attic offers substantial storage and a full-height space that may accommodate future finishing subject to applicable approvals.

The full basement is partially finished and includes storage, additional living space, and laundry hookups for both units. Separate utility meters and three furnaces provide independent mechanical control; the first-floor furnace is 1 year old and the second-floor furnace is 6 years old. The property also includes a fenced backyard with a deck, enclosed porch, multiple sheds, outdoor grill, and 2 private driveways. Built in 1925 on 0.11 acres, the property is served by public water and public sewer and is located near Lyndhurst Train Station, bus stops, Ridge Road, Riverside County Park, Route 3, Route 17, and the New Jersey Turnpike.

Key Highlights

  • 2,525‑square‑foot duplex with 2 residential units
  • First‑floor unit has 2 bedrooms; second‑floor unit has 3 bedrooms
  • Full‑height walk‑up attic and partially finished basement

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
$42,259
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
5.36%
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%
$845,180 $845.2K
Cap Rate 7%
$603,700 $603.7K
Cap Rate 9%
$469,544 $469.5K
Market Conditions
NOI Build-Up for 2,525 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
$64.5K $25.56/SF
− Vacancy
−$4.2K −$1.65/SF
EGI
$60.4K $23.91/SF
− OpEx
−$18.1K −$7.17/SF
NOI
$42.3K $16.74/SF
Area
Bergen 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%
$845,180
Cap Rate 7%
$603,700
Cap Rate 9%
$469,544

Alternative Uses

Best Use
Multifamily LT 5
$603.7K
$528.2K – $704.3K (±1% cap)
NOI $42,259 @ 7.0% cap · market cap 5.36%
Second Best
Apartment 5plus
$554.7K
$485.4K – $647.2K (±1% cap)
NOI $38,829 @ 7.0% cap · market cap 4.92%
Theoretical Best
Office A
$659.3K
$576.9K – $769.2K (±1% cap)
NOI $46,153 @ 7.0% cap · market cap 5.85%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick Real Estate Agency Parking Lot & Garage Law Firm Furniture & Home Goods Building Supply Hotel & Motel

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Residential units
Yes
Highway access
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

507
Businesses Nearby

Demographics for 07071, NJ

22,519
Population
9,839
Households
2.3
Avg Household Size
40
Median Age
40%
College-Educated
90%
High-School Grad
4.6 sq mi
ZIP Area
4,895
Density / Sq Mi
$109,021
Median Household Income
$65,401
Median Earnings
$1,719
Median Rent
$496,000
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

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Duplex - Well-maintained two-family property with separate entrances, private driveways, and flexible storage across multiple levels.
Where is this duplex located?
The property is located at 733 Schuyler Avenue Lyndhurst, 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: 2,525‑square‑foot duplex with 2 residential units; First‑floor unit has 2 bedrooms; second‑floor unit has 3 bedrooms; Full‑height walk‑up attic and partially finished basement
More about this property
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