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Two-Family Duplex with Solar

739 Lake Ave Lyndhurst, NJ 07071

739 Lake Ave, Lyndhurst, NJ, 07071
$878,800
For Sale
$878,800

MULTI_FAMILY - Lyndhurst Twp., NJ

Property Size2,400 SF
Lot Size0.14 Acres
Price / SF$366.17
Days on Market23

Property Features for 739 Lake Ave

General Information

Property type
Residential Multi Family
Property subtype
Other
Bedrooms
6
Bathrooms
2
Rooms
Bedroom 4, Basement, Bathroom 2, Bedroom 6, Bedroom 1, Bedroom 3, Bedroom 5, Bathroom 1, Bedroom 2
Parking
6
Standard status
Active
Lot size
0.14 Acres

Taxes and HOA fees

Tax Year
2025
Tax Annual Amount
13645

Utilities

Sewer type
Public Sewer
Water source
Public

Building Details

Year built
1985
Floors in Building
2
Number of units
2
Roof type
Shingle
Architectural style
Other
Listing agency UNITED REAL ESTATE
Listed by RUNNER BORGES
Added: Jun 30 Updated: Jul 21 at 8:40PM Checked: Jul 22 at 12:06PM
MLS# 4037838

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 two-family duplex provides two separate residential units, each featuring three bedrooms, one full bathroom, a living room, dining area, and kitchen. The property also includes a basement with additional utility space, along with solar panels and a fenced-in backyard. A two-car garage adds on-site parking convenience, and the home is being sold strictly as-is.

Located in Lyndhurst Township, Bergen County, NJ, the property is described as having convenient access to public transportation and commuter routes. The community setting supports rental and owner-occupant planning where access and daily travel matter.

For tenants and buyers seeking a straightforward income property, the unit layout is consistent across both floors, which can help simplify leasing and turn planning. The duplex configuration can also suit owner-occupants who want the ability to live in one unit while renting the other. With solar panels and usable basement space already in place, the property’s next steps can focus on updates and modernization based on your operating plan, subject to the as-is condition.

Key Highlights

  • Two‑family property built in 1985 with public water and public sewer
  • Each unit includes 3 bedrooms, 1 full bath, living room, dining area, and kitchen
  • Approximately 1,200 sq ft per unit based on the provided floor plan

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 $61.3k $25.56
− Vacancy −$4.0k −$1.65
EGI $57.4k $23.91
− OpEx −$17.2k −$7.17
NOI $40.2k $16.74
2,400 SF · lease $25.56/SF/yr · vacancy 6.46% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$573.8K
$502.1K – $669.5K (±1% cap)
NOI $40,167 @ 7.0% cap · market cap 4.57%
Second Best
Apartment 5plus
$527.2K
$461.3K – $615.1K (±1% cap)
NOI $36,907 @ 7.0% cap · market cap 4.20%
Theoretical Best
Office A
$626.7K
$548.4K – $731.1K (±1% cap)
NOI $43,868 @ 7.0% cap · market cap 4.99%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Duplexes

Suggested Use

(Bike/Boat/Book/etc) Store Home Appliance Store Carpet & Flooring Store Hotel & Motel Electrical Service (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store Building Supply Nursing Home Restaurant

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Duplex - Duplex offering two 3-bedroom units, basement space, solar panels, and a fenced backyard with garage parking.
Where is this duplex located?
The property is located at 739 Lake Ave Lyndhurst, NJ.
What is the asking price?
The asking price for this property is $878,800.
What are key features of this property?
This property features: Two‑family property built in 1985 with public water and public sewer; Each unit includes 3 bedrooms, 1 full bath, living room, dining area, and kitchen; Approximately 1,200 sq ft per unit based on the provided floor plan
Contact an agent
More about this property
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